secwatch.observer — SEC 8-K summary
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Issuer:     Latham Group, Inc. (SWIM)
CIK:        0001833197
Form:       8-K
Filed at:   2021-11-30T23:59:59+00:00
Accession:  0000950142-21-003845
Event type: m_and_a
Sentiment:  positive
Materiality: 0.65
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Latham Group acquires Radiant Pools for $90M in cash; expands into aluminum-walled pool category
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- Acquired Radiant Pools for $90M in cash; ~$88M paid at closing, $0.9M in escrow.
- Radiant Pools generates ~$35M in annual sales; adds vinyl-lined, aluminum-walled pool line.
- Funded via $50M incremental term loan and existing cash; no material impact on FY2021 outlook.
- Former owner Tony Sirco remains as partner to oversee integration into Latham.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1833197/000095014221003845/0000950142-21-003845-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1833197/000095014221003845/eh210205329_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950142-21-003845

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer