Rick Gallagher is stepping down as CEO of Artesian, Marquis and Nordic.
Finding good talent is a challenge, but it’s not hard to retain if you foster a training-oriented culture at every level and share the rewards.
Stivers overcome unlucky timing to build their small business dream It was the worst possible timing. The absolute worst. After...
Marquis Hot Tubs, based in Independence, Oregon, announced last week that it would be moving the manufacturing of its acrylic hot tubs to Las Vegas, Nevada. Marquis, along with Las Vegas-based Artesian Spas, was purchased by Monomoy Capital in 2021, followed by Grand Rapids, Michigan-based Nordic Hot Tubs in 2022. Artesian and Marquis will now share the manufacturing space currently occupied by Artesian.
After years in the boating industry as CEO of Premier Pontoons, Rick Gallagher has found adjusting to life in the hot tub industry surprisingly smooth.
Monomoy Capital Partners has added Nordic Hot Tubs to its spa platform, which also includes Artesian Spas and Marquis Hot...
Several milestones hit the private equity world in recent years. In 2021, a record 24,722 deals were announced and a record $1.32 trillion dry powder (or cash that was free to be invested) was still undeployed as of September 2021.
Monomoy Capital Partners, a middle-market private investment firm focused on operational value creation, acquired both Artesian Spas and Marquis Hot Tubs and combined them...