Monomoy Capital Partners
Artesian-Logo-Landscaped

ARTESIAN SPAS

Company overview


Artesian designs and manufactures portable hot tubs and swim spas for residential customers across North America and Europe, distributing through spa, pool, and outdoor leisure dealers. Founded in 1993, the company has grown into a leading industry manufacturer with six product lines spanning multiple price points, operating from a Las Vegas facility employing approximately 425 people.


Key Investment Rationale


  • Clear path to expand margins through lean manufacturing improvements and cost optimization.
  • The company offered capacity and distribution infrastructure to support growth without significant incremental capital.
  • Portfolio rationalization and targeted management enhancements provided a credible path to improved performance.