Hayward Expands Presence in Outdoor Living Market with Acquisition from Halco Lighting Technologies

Hayward® Expands Presence in Outdoor Living Market with Acquisition from Halco Lighting Technologies®

Specialty Lighting Business grows Hayward’s product line both in and around the pool

CHARLOTTE, N.C. – June 2, 2022 -- Hayward Holdings, Inc. (NYSE: HAYW) (“Hayward” or the “Company”), a global designer, manufacturer, and marketer of a broad portfolio of pool equipment and technology, announced today the acquisition of the specialty lighting business of Halco Lighting Technologies (“Halco”).

Halco’s specialty lighting business includes a robust portfolio of lighting solutions serving the residential and commercial pool, spa, fountain, and landscape lighting market segments. The products are recognized as industry leaders in their respective categories and includes established lighting brands such as ColorSplash®, J&J Electronics™, PureWhite®, and Sollos®. The acquisition reinforces Hayward’s leadership and commitment to the pool and spa lighting business and marks another step in the Company’s entry into the landscape and bulb market.

“We’re excited to bring these lighting platforms into our business and provide customers with the ability to control even more of their outdoor living space in the palm of their hand by leveraging Hayward’s leading OmniLogic® automation technology,” said Kevin Holleran, CEO of Hayward. “I’m proud of the Company’s ongoing innovation, and our ability to continue to leverage Omni® through the integration of smart, connected products to deliver ambiance and comfort with our simple to use Omni App. Consumers are excited about unique options to enhance their outdoor oasis.”

OmniLogic, Hayward's cloud-based pool and spa automation platform, has long set the industry standard for pool control and management—including integration with voice-enabled devices (via Amazon® Alexa® and Google Assistant®). OmniLogic plays a central role in Hayward’s innovative SmartPad™ collection of connected equipment, which has been an area of rapid development and growth for the Company in recent years.

“We are proud and excited to see the business enter its next chapter of growth and expansion under Hayward’s ownership,” said Chris Chickanosky, CEO of Halco Lighting Technologies.

This acquisition builds upon Hayward’s strong growth momentum, following the earlier announced acquisitions of Water Works

, SmartPower&trade and SmartValve. Hayward’s portfolio of technology and products is working to deliver more sustainable, energy-efficient and easy to use solutions for the outdoor space.

About Hayward Holdings, Inc.

Hayward Holdings, Inc. (NYSE:HAYW) is a leading global designer and manufacturer of pool equipment and technology all key to the SmartPad™ conversion strategy designed to provide a superior outdoor living experience. Hayward offers a full line of innovative, energy-efficient and sustainable residential and commercial pool equipment, including a complete line of advanced pumps, filters, heaters, automatic pool cleaners, LED lighting, internet of things (IoT) enabled controls, alternate sanitizers and water features.

This press release contains certain statements that are “forward-looking statements” as that term is defined under the Private Securities Litigation Reform Act of 1995 and releases issued by the Securities and Exchange Commission. Such forward-looking statements relating to Hayward are based on the beliefs of Hayward’s management as well as assumptions made by, and information currently available to, us. These forward-looking statements include, but are not limited to, statements about Hayward’s strategies, plans, objectives, expectations, intentions, expenditures and assumptions and other statements contained in or incorporated by reference in this release that are not historical facts. When used in this document, words such as “guidance,” “may,” “will,” “should,” “could,” “intend,” “potential,” “continue,” “anticipate,” “believe,” “estimate,” “expect,” “plan,” “target,” “look forward,” “predict,” “project,” “seek” and similar expressions as they relate to Hayward are intended to identify forward-looking statements. Important factors that could affect Hayward’s future results and could cause those results or other outcomes to differ materially from those indicated in its forward-looking statements include the following: its ability to execute on its growth strategies and expansion opportunities; its ability to maintain favorable relationships with suppliers and manage disruptions to its global supply chain and the availability of raw materials; its relationships with and the performance of distributors, builders, buying groups, retailers and servicers who sell Hayward’s products to pool owners; competition from national and global companies, as well as lower-cost manufacturers; impacts on Hayward’s business from the sensitivity of its business to seasonality and unfavorable economic and business conditions; Hayward’s ability to identify emerging technological and other trends in its target end markets; Hayward’s ability to develop, manufacture and effectively and profitably market and sell its new planned and future products; failure of markets to accept new product introductions and enhancements; the ability to successfully identify, finance, complete and integrate acquisitions; Hayward’s ability to attract and retain senior management and other qualified personnel; regulatory changes and developments affecting Hayward’s current and future products; volatility in currency exchange rates; Hayward’s ability to service its existing indebtedness and obtain additional capital to finance operations and its growth opportunities; impacts on Hayward’s business from political, regulatory, economic, trade, and other risks associated with operating foreign businesses; Hayward’s ability to establish and maintain intellectual property protection for its products, as well as its ability to operate its business without infringing, misappropriating or otherwise violating the intellectual property rights of others; the impact of material cost and other inflation; the impact of changes in laws, regulations and administrative policy, including those that limit U.S. tax benefits, impact trade agreements and tariffs, or address the impacts of climate change; the outcome of litigation and governmental proceedings; impacts on Hayward’s business from the COVID-19 pandemic; and other factors set forth in “Risk Factors” in Hayward’s annual report on Form 10-K. The forward-looking statements included in this press release are made only as of the date of this report. Unless required by United States federal securities laws, Hayward neither intends nor assumes any obligation to update these forward-looking statements for any reason after the date of this release to conform these statements to actual results or to changes in Hayward’s expectations.

Investor Relations:
Hayward Investor Relations
908.288.9706
investor.relations@hayward.com

Media Relations:
Tanya McNabb
tmcnabb@hayward.com