IRVINE, Calif., April 18, 2013 /PRNewswire/ -- Hunter Wise Financial Group, LLC and Managing Director, William Peck, are pleased to announce that its client Dimension One Spas, Inc. of Vista, California, has been acquired by Jacuzzi Brands Corp. of Chino Hills, California.
Dimension One Spas manufactures technologically advanced portable spas and AquaFit Swim Spas. In 2007, Dimension One was awarded the Silver Medal Shingo Prize for their manufacturing and operational excellence, becoming the world's first and only spa manufacturer to receive the distinguished award. President Bob Hallam, who founded Dimension One Spas in 1977, noted that "The combined strength of Dimension One Spas and the Jacuzzi Group will enable greater growth for the Dimension One business and Dimension One Dealers."
"We are very pleased to welcome Dimension One employees, dealers, suppliers and spa owners to the Jacuzzi Group family," said Bob Rowan, President of Jacuzzi North America. "Dimension One founder Bob Hallam has built a great brand known for premium products, distinct designs, and innovative features making Dimension One a great fit with the Jacuzzi Group. I am also excited about the exceptional talent within the Dimension One team and anticipate a strong future."
"Dimension One is a strategic acquisition that will add value to the Jacuzzi brand and increase its presence worldwide in the luxury spa market," said Mr. Peck. "We are pleased to have assisted in this transaction."
About Hunter Wise Financial Group, LLC
Hunter Wise Financial Group, LLC, is a specialized investment bank providing the highest quality level of corporate financing, merger, acquisition, divestiture and advisory services. The Company's clients include small to medium-sized public companies, as well as selected middle market privately-held businesses. Headquartered in Irvine, California, Hunter Wise Financial Group, LLC has 13 offices throughout the U.S. and an office in Beijing.
For information on Hunter Wise Financial Group, LLC, visit www.hunterwise.com.
William F. Peck, Managing Director
Hunter Wise Financial Group, LLC
SOURCE Hunter Wise Financial Group, LLC