Water Intelligence signs agreement with American Pool Enterprises

AIM-listed Water Intelligence announced the signing and launch of its first formal national partnership for pool leak detection and repair between its core brand - American Leak Detection - and American Pool Enterprises.

American Pool is the largest commercial swimming pool management, maintenance, construction and recreational facility management operation in the United States. American Pool operates in 16 US states and Washington DC with an international location in Toronto, Ontario Canada. American Pool Enterprises serves over 3,000 commercial swimming facilities and over 9,400 residential pools.

Meanwhile, American Leak Detection is the leading minimally invasive water leak detection and repair company in the US with corporate and franchise operations in 42 states and Washington D.C. and international operations in Toronto and Alberta, Canada as well as in Australia and the UK.

Because of American Pool's business scope, American Leak Detection will use the same execution protocols that it has with national insurance company customers in order to provide American Pool with priority service.

Executive chairman Patrick DeSouza said: “Our business to business approach will leverage our existing US and Canadian footprint both to provide a full range of solutions to the problem of water loss and to reduce administrative costs for American Pool. We are excited about the opportunity to work with the leading company in pool management. We share the same customer-centric values."

At 0930 BST, the shares were up 0.8% to 126p.