LATEST NEWS

Turning Basin Capital announces the sale of its portfolio company, Aquafinity.

Richmond, VA- April 10, 2026: Turning Basin Capital Partners, LLC, (“TBC”) announced today that it has completed the sale of Commercial Energy Specialists Holdings, LLC (dba “Aquafinity”) to Heritage Pool Supply Group, Inc. (“Heritage”), one of the largest and fastest growing pool supply distributors in the United States. Terms of the agreement were not disclosed. Headquartered in Jupiter, FL, Aquafinity was formed in April 2021 by TBC, in partnership with industry veteran Alvaro Mendoza and...

read more

Turning Basin Capital portfolio company, Aquafinity, Announces Leadership Change.

Jupiter, FL - June 1, 2025 — Commercial Energy Specialists Holdings, LLC (dba “Aquafinity”), USA’s leading Service Supported Distributor SSD® of Recreational Water Quality Control Solutions, announces that Jeffrey Meyer will be promoted from President to CEO, effective June 1, 2025.  Aquafinity founder and CEO, Alvaro G. Mendoza, will assume the position of Executive Chairman.  This leadership transition marks a significant step in the company’s strategic evolution as it continues to scale...

read more

Turning Basin Capital portfolio company, Aquafinity, completes acquisition of Aquatic Specialty Services, Inc.

Jupiter, FL. May 1, 2025 – Commercial Energy Specialists Holdings LLC, (dba “Aquafinity”) announced the acquisition of Aquatic Specialty Services, Inc. (“ASSI”), based in Seattle, WA. ASSI becomes the fifth company in the Aquafinity family and contributes its leading market position in the Pacific Northwest to Aquafinity’s expanding geographic presence. ASSI, founded in 2001, provides full-service water treatment solutions to commercial and institutional swimming pools throughout Washington...

read more

Turning Basin Capital portfolio company, ShalePro Energy Services, hires new CEO

Houston, PA – September 14, 2024  -- ShalePro Energy Services announces the appointment of Sean Brake as Chief Executive Officer effective September 16th, 2024.  Sean has nearly thirty years of industry experience, spanning a breadth of roles with both energy service providers and key industry operators in a multitude of geographic areas: Pennsylvania, Texas, Louisiana, the Gulf of Mexico, California, and Argentina. As CEO, Sean will lead the company’s growth strategy and oversee all...

read more

Turning Basin Capital portfolio company, Aquafinity, completes acquisition of Aquatic Environmental Systems, Inc.

Jupiter, FL. July 12, 2023 – Commercial Energy Specialists Holdings LLC, (dba “Aquafinity”) announced the acquisition of Aquatic Environmental Systems, Inc. (“AES”), based in Tempe, AZ.  AES becomes the fourth company in the Aquafinity family and contributes its leading market position in the Southwest to Aquafinity’s expanding geographic presence. AES, founded in 1983, provides full-service water treatment solutions to commercial and institutional swimming pools throughout Arizona, New...

read more