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Accrual Equity Partners Acquires Shasta Pools

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Accrual Equity Partners and Dansons Capital Group have acquired Shasta Pools, Phoenix Metro's most recognized pool builder. Founded in 1966 by brothers Bob and Skip Ast, the third-generation family-owned business has built or renovated over 150,000 pools across Maricopa County. The company holds more than 200,000 customer relationships and multiple divisions topping $100 million in combined revenue.

The new ownership group is investing in a state-of-the-art design center and headquarters in Scottsdale, Arizona. Dansons Capital Group, led by CEO Dan Thiessen, previously built and scaled Pit Boss Grills into a global brand before selling it in June 2023. President Jeff Thiessen struck up a relationship with the Ast family during construction of his own backyard pool, which led him to pursue the investment.

Dan Thiessen will serve as chairman of the new ownership team. The deal, finalized August 6, positions the company for expansion into the broader home services market through the debut of Shasta Home Services. The ownership group aims to expand the platform both organically and through partnerships.

Jacob Tilzer, co-founder and managing partner at Accrual Equity Partners, stated that partnering with Shasta represents the future of home services. A trusted, generational brand, Shasta brings 200,000 loyal customer relationships with a genuine commitment to the people who serve them every day.