CCMP Capital and MSD Partners to acquire Hayward Industries

On June 19, 2017, Hayward Industries, Inc. ("Hayward") announced that a partnership led by CCMP Capital Advisors, LP ("CCMP") and MSD Partners, L.P. ("MSD Partners") and including the Alberta Investment Management Corporation ("AIMCo"), entered into a definitive agreement to acquire Hayward.

The transaction is expected to close in the third quarter of 2017, subject to customary closing conditions.

Hayward is a leading global manufacturer of residential and commercial pool equipment and industrial flow control products.

CCMP specializes in middle market buyouts and growth equity investments of US$100 million to US$500 million in North America and Europe.

MSD Partners, an SEC-registered investment adviser, was formed in 2009 by the principals of MSD Capital, L.P. to enable a select group of investors to invest in strategies that were developed by MSD Capital.

AIMCo is one of Canada's largest and most diversified institutional investment managers with assets under management in excess of C$100 billion.

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