D.A. Davidson Serves as Exclusive Financial Advisor to Hasa, Inc. on Sale to Affiliate of Peak Rock Capital

COSTA MESA, Calif.–(BUSINESS WIRE)–#Austin—D.A.
Davidson & Co. served as exclusive financial advisor to Hasa,
Inc. (“Hasa” or the “Company”), a Saugus, California-based manufacturer
and distributor of sodium hypochlorite and other water treatment
products, on its sale to an affiliate of Austin, Texas-based Peak Rock
Capital. The transaction closed on September 8, 2017. Financial terms of
the transaction were not disclosed.

“Over its 50-plus year history, Hasa has established itself as a premier
manufacturer and distributor of branded water treatment products,” said
Paul Weisbrich, Managing Director at D.A. Davidson. “By partnering with
Peak Rock, Hasa will be able to significantly and rapidly accelerate its
growth in recreational water, municipal and other water treatment
markets throughout the United States.”

Mark Wilson, Chief Executive Officer of Hasa, remarked, “The Hasa
transaction was complex with a number of distinctive, moving parts. D.A.
Davidson skillfully advised Hasa’s shareholders though every gate during
the M&A process.”

Founded in 1964, Hasa is a leading producer and distributor of water
treatment products used to maintain water systems, including swimming
pools, water tanks and containment vessels. With five facilities in
California, Arizona, Texas and Washington, Hasa serves a diverse set of
customers across recreational, industrial and municipal end markets,
including pool service professionals, municipal water treatment, power
generation and other commercial and industrial applications. Over its
more than 50-year history, Hasa has established a reputation for
supplying superior products through excellent logistics and distribution
capabilities.

D.A. Davidson’s Investment Banking Group assisted Hasa in initiating the
transaction, marketing the Company, structuring the deal and advised the
Company through negotiations, documentation and final closing.

D.A. Davidson’s investment banking division is a leading full-service
investment bank that offers comprehensive financial advisory and capital
markets expertise and has extensive transaction experience serving
middle market clients worldwide.

About D.A. Davidson Companies

D.A. Davidson Companies is an employee-owned financial services firm
offering a range of financial services and advice to individuals,
corporations, institutions and municipalities nationwide. Founded in
1935 and headquartered in Montana, with corporate offices in Denver, Los
Angeles, Portland and Seattle, the company has more than 1,350 employees
and offices in 24 states.

Subsidiaries include: D.A. Davidson & Co., the largest full-service
investment firm headquartered in the Northwest, providing wealth
management, investment banking, equity and fixed income capital markets
services and advice; Davidson Investment Advisors, a professional asset
management firm; D.A. Davidson Trust Company, a trust and wealth
management company; and Davidson Fixed Income Management, a registered
investment adviser providing fixed income portfolio and advisory
services.

For more information, visit dadavidson.com
or Twitter: @DADavidsonCo.

About Peak Rock Capital

Peak Rock Capital is a leading middle-market private equity firm that
makes equity and debt investments in companies in North America and
Europe. Peak Rock focuses on investing in opportunities where it can
support senior management in driving rapid growth and profit improvement
through operational and strategic change. Peak Rock's principals have
deep expertise in complex situations and cross border transactions, with
the ability to provide tailored capital solutions and close transactions
quickly where speed and certainty are priorities. For further
information about Peak Rock Capital, please visit www.peakrockcapital.com.

Contacts

D.A. Davidson
Jacquie Burchard, 406-791-7465
Cell: 406-868-1392
[email protected]
or
Prosek
for D.A. Davidson
Emily Roy, 212-279-3115 ext. 232
[email protected]