Heritage Pool Supply Group entered a definitive agreement to acquire Hachik Distributors, a family-owned wholesale distributor of pool and spa products in the northeast. Terms of the deal were not publicly disclosed. Aston, Pa.-based Hachik was founded in 1923 by Garabed Hachikian and is run today by his granddaughter Nanette Zakian.
“We are excited to welcome Nanette and the rest of the Hachik team to the Heritage family,” Matt McDermott, president of Heritage, said in a news release. “Preserving the company’s rich history, while providing meaningful opportunities for its people, will be paramount to our success. Hachik has built an outstanding reputation for nearly 100 years over multiple generations and we are honored Nanette and team have chosen Heritage as their home.”
In addition to its headquarters in Pennsylvania, Hachik Distributors operates a second location in Columbia, Md. Heritage said Zakian will continue to lead the Hachik team under the existing brand name to ensure continuity and consistency for its customers, suppliers, and employees.
“Since my grandfather founded Hachik nearly a century ago, we have earned a reputation as one of the leading independent distributors in our markets,” Zakian said. “I am eager to see what we can accomplish together by deploying Heritage’s resources for growth alongside our devoted team. Hachik is known for providing outstanding customer service and I am confident our legacy will continue for years to come.”
Heritage Pool Supply Group, a wholly-owned subsidiary of SRS Distribution, was formed in August through the acquisition of Aqua-Gon. SRS and its landscape division, Heritage Landscape Supply Group, first gained exposure to the pool and spa space through its acquisition of Davis Supply in April 2021. Heritage Pool Supply completed the acquisitions of Pool Contractors Supply and Quality Pool Supply in October.
Last week, the subsidiary expanded significantly through the acquisition of AquaCentral. The acquisition of AquaCentral, the second largest pool distributor in the country, added the Florida Water Products, Pool & Electrical Products, American Pool Supply, Bel-Aqua Pool Supply, Conely Company, Mayfield Pool Supply, Classic Pool Tile, and Noble Tile Supply brands to the Heritage portfolio. Currently, Heritage operates a family of 14 distinct local brands encompassing 87 locations across 22 states.