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Nordic Hot Tubs Added to Monomoy’s Leading Pool & Spa Platform

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Nordic Hot Tubs Added to Monomoy’s Leading Pool & Spa Platform

NEW YORK–(BUSINESS WIRE)–Monomoy Capital Partners, a middle-market private investment firm focused on operational value creation, announced today that its pool and spa platform acquired Nordic Hot Tubs. The platform now consists of Artesian SpasMarquis Hot Tubs and Nordic Hot Tubs.

Nordic manufactures hot tubs and related accessories for the residential market in North America and Europe. The Nordic acquisition will enhance the platform’s existing product portfolio by adding the leading manufacturer of high-density polyethylene (HDPE) hot tubs in the value category.

Artesian CEO Rick Gallagher remarked, “Nordic has a stellar brand reputation. We are pleased to partner with a company that shares our goal of producing high-quality products for its customers with industry-best customer service. This combined partnership will strengthen our ability to serve our growing customer base with the best product at every price level.”

“Nordic is complementary to our existing Artesian and Marquis brands, and together the platform will leverage the strengths of each brand to deliver superior products made in the U.S.,” commented Monomoy Managing Director Lee Mlotek. “We are excited to partner with the management teams as they scale their businesses together.”

Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. provided legal counsel to Monomoy on the acquisitions. Calder Capital, LLC served as financial advisor and Varnum LLP served as legal counsel to Nordic.

About Monomoy

Monomoy Capital Partners is a private investment firm with over $2.7 billion in assets under management. Monomoy invests in the equity and debt of middle-market businesses that can benefit from operational and financial improvement with a focus on manufacturing, distribution and consumer product businesses in North America and Europe. Please visit www.mcpfunds.com for further information concerning Monomoy and its portfolio companies.

About Artesian

Founded in 1993, Artesian Spas is a manufacturer of hot tubs and swim spas. Artesian Spas’ founding partners came together with one uniting goal: to provide the best quality hot tubs and spas, the most features and the greatest range of products. The company offers four lines of hot tubs and swim spas and manufactures products out of its Las Vegas, Nevada headquarters.

About Marquis

Marquis is a manufacturer of hot tubs, swim spas and related accessories. Marquis offers creative and innovative designs that provide consumers with the ultimate soaking experience, cost less to operate and require minimal maintenance. Marquis spas are designed with cutting-edge features for comfort and long-lasting enjoyment. Marquis was founded in 1980 and is headquartered in Independence, Oregon.

About Nordic

Nordic is a privately-owned manufacturer of hot tubs and related accessories. For over 25 years, Nordic Hot Tubs has led the industry in providing high-quality, therapeutic and affordable hot tubs. At the heart of Nordic’s mission is the STAR philosophy meaning every hot tub should be Simple, Therapeutic, Affordable and Reliable. Nordic was founded in 1995 and is headquartered in Grand Rapids, Michigan.

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Man Converts Plane Into Airbnb With Hot Tub

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Man Converts Plane Into Airbnb With Hot Tub

Steven Northam, a semi-retired British entrepreneur, embarked on an extraordinary venture by purchasing the front end of a vintage Boeing 737-200 from eBay for $6,165. The 38-year-old visionary saw this as an opportunity to create a distinctive luxury Airbnb vacation rental. The project aimed to combine fun and quirkiness with a potential business venture.

However, acquiring a plane proved to be more challenging than a typical online purchase. Northam had to arrange for a haulage firm and a crane to transport the plane, which took nearly three months to coordinate. The aircraft was originally used by Chichester College to train future flight crew but had been neglected for over a decade, resulting in a rather dilapidated condition upon its arrival at Northam’s home in Winchester, England.

Undeterred by the plane’s sorry state, Northam embarked on an extensive renovation project, both inside and outside the aircraft, which incurred a total cost of around $18,500. The interior required a complete overhaul, as it was a time capsule from the plane’s original era. The renovation process commenced in July 2022 and spanned three months, with Northam undertaking the project single-handedly. His efforts were even documented by the crew of the Channel 4 show “George Clarke’s Amazing Spaces.”

The initial step involved removing the majority of the seats, reinforcing the floor, and installing new carpeting. Northam then transformed the empty space into distinct sections, creating alcoves for beds, seating areas, and a kitchenette using stud walls. While the interior features modern technology, such as high-speed WiFi, Smart TVs, and Xboxes, Northam was careful to retain many of the plane’s original elements, including the seats with seatbelts, overhead storage lockers, and even the original restroom. To add an element of uniqueness, a glass floor was incorporated, offering a view into the cargo hold area.

One of the standout features of the renovated plane is an innovative hot tub made from the inlet cowling of a plane engine. Alongside deck chairs and space for a barbecue, this creative addition provides guests with a one-of-a-kind experience. Another highlight is the cockpit flight simulator, which captures the attention of aviation enthusiasts. Equipped with a gaming PC and a large curved monitor, the simulator allows guests to immerse themselves in a realistic flight experience. The fusion of entertainment options and distinctive features has already generated significant interest from potential Airbnb guests.

Although Northam is still awaiting planning permission from the local council to officially list the plane on Airbnb, there is already a considerable list of individuals eager to stay. The anticipated cost per night is around £150 ($185.70). Families with children have shown particular interest, but the rental is also expected to appeal to those seeking a unique venue for parties or a weekend of leisure and enjoyment.

Northam takes great pride in his remarkable accomplishment and envisions using the revenue generated from the Airbnb rental to pursue future projects. He has set his sights on transforming a truck into an armored camper van, which promises to be yet another extraordinary venture. With his passion for converting unusual spaces into fascinating accommodations, Northam’s innovative spirit continues to thrive, leaving us eagerly anticipating his next endeavor.

Featured Photo Credit: Steven Northam

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Luxurious Home Featuring 50-Person Hot Tub Comes With $4.1 Million Price Tag

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A remarkable California property is capturing the attention of potential buyers as it prepares to be listed this week. The residence, located in Playa Del Rey, features a colossal hot tub that is touted as one of the largest in Los Angeles and has the capacity to accommodate up to 50 individuals. With a price tag of $4.1 million, this luxurious listing offers a unique opportunity for those who envision hosting gatherings with numerous friends in a single heated pool.

The outdoor area of the property boasts not only the remarkable hot tub but also two additional pools that run parallel to the house. This clever design allows residents the option of seamlessly transitioning from the primary bedroom directly into the water with a mere leap. For those seeking a more natural aquatic experience, the beach is conveniently located a mere two blocks away.

Situated on a spacious corner double-lot spanning over 9,200 square feet, the main house showcases meticulous renovations while still retaining its original charm. Originally constructed in 1926, the property has undergone extensive updates to present a clean, modern aesthetic characterized by white walls and tasteful blue accents. Spanning two stories, the house encompasses a generous floor area of just under 4,700 square feet. It offers four bedrooms, four bathrooms, and two suites with heated floors, ensuring the utmost comfort and luxury for residents and their guests.

Lavish pool and 50-person hot tub. – Photo Credit: Connie Cody Photography

The impressive amenities of the property extend beyond the pools. The house boasts a dedicated game room and gym, catering to those with an active lifestyle. The kitchen is equipped with a wine fridge, ideal for oenophiles and enthusiasts of fine dining experiences. Additionally, two covered garage spots are available, providing convenience and protection for residents’ vehicles. The new Simplisafe security system ensures peace of mind, while multiple office spaces cater to those who work remotely. A roof deck offers breathtaking views of the ocean, complementing the indoor-outdoor living experience that the property epitomizes. Other notable features include an electric vehicle charging station, a “meditation tub” for moments of tranquility, wood accents that add warmth and character, and automatic window treatments throughout the house.

Deb Sellers, the listing agent from Douglas Elliman, emphasized the allure of this remarkable property. She highlighted the expansive ocean views that can be enjoyed from almost every room, thanks to the thoughtful integration of sliding glass walls that seamlessly merge indoor and outdoor living spaces. Sellers also mentioned the property’s rich history, having been previously inhabited by notable sports celebrities and tech titans from the famed Silicon Beach area. Former owners include boxing champion “Sugar” Shane Mosley and Jeremi Gorman, the current president of worldwide advertising for Netflix, who sold the home to its present owners.

As this exceptional California compound becomes available for purchase, potential buyers have the chance to acquire a residence that redefines luxury living. With its grand hot tub, stunning pools, and a myriad of lavish features, this property promises an unparalleled lifestyle for those seeking the finest in coastal living.

Featured Photo Credit: Connie Cody Photography

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6 Best Hot Tubs For Creating a Spa-Like Experience On a Budget

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6 Best Hot Tubs For Creating a Spa-Like Experience On a Budget

Hot tubs have become popular for their ability to provide stress relief and alleviate pain, but choosing the right one requires careful consideration. With their high price tags and maintenance requirements, it’s crucial to make an informed decision. Opting for a high-quality hot tub is essential to avoid issues such as leaks and unreliable heating systems.

While hot tubs can be a significant investment, experts advise against going for cheaper options. It’s a case of “you get what you pay for,” as higher-quality hot tubs offer superior craftsmanship, resulting in lower energy consumption, reduced maintenance costs, and a longer lifespan.

When selecting a hot tub, several factors should be taken into account, including the type of tub, seating capacity, water management system, size, and service requirements. Of course, your budget plays a vital role as well. In the current market, there is a wide range of hot tub options tailored to meet specific needs. Here are the best hot tubs available in 2023.

Best Hot Tub Overall: Lifesmart LS100

The Lifesmart LS100 is an excellent choice for most families due to its moderate size and easy maintenance. This hot tub features 9 adjustable jets and four bucket seats, accompanied by a one horsepower pump that delivers a satisfying water pressure experience. It is energy-efficient and can be plugged into a standard outlet, ensuring that utility bills remain manageable. With full foam insulation and a thermal cover, heat retention is optimized. Convenient temperature and lighting controls are within easy reach, allowing you to personalize your soaking experience while enjoying the comfort of this hot tub.

Dimensions: 71 x 62 x 32 inches | Capacity: Four people


Best Inflatable Hot Tub: Intex 28431EP

The Intex 28431EP is a popular inflatable hot tub that boasts surprising features. With a spacious six-person capacity and easy assembly facilitated by the included air blower, this tub sets up in a matter of minutes. It offers 170 jets and can reach a maximum water temperature of 104 degrees Fahrenheit. Despite being inflatable, it provides adjustable control panels and headrests similar to traditional hot tubs. Crafted from durable puncture-resistant fiber-tech material, it offers peace of mind during relaxation, knowing that it is built to withstand regular use without the risk of bursting open.

Dimensions: 77 x 77 x 28 inches | Capacity: Four people


Best Hot Tub For Bigger Groups: Essential Hot Tubs 11-Jet 2023 Integrity Hot Tub

The Essential Hot Tubs Integrity offers a luxurious and durable spa experience. Its lightweight and portable resin construction provides strength and durability, while the low maintenance, impact resistant exterior ensures long-lasting performance. With 11 hydrotherapy jets powered by an energy efficient 2 Peak HP, 2-speed pump, you can indulge in high-speed hydrotherapy to relieve daily aches and pains. This spa is easy to set up with a standard 120V/15A household outlet, or you can choose to convert to a 240V electrical unit for maximum heater performance, recommended to be installed by a professional electrician. The quality colored granite resin and fully insulated interior keep the spa warm year-round, supported by an all-season stainless steel heater. The Integrity spa also includes a heavy-duty, insulated tapered cover with locking clips for convenient closure when not in use.

Dimensions: 71 x 71 x 30 inches | Capacity: Five people


Best Value Hot Tub: Bestway SaluSpa

The SaluSpa® San Francisco HydroJet Pro™ offers an affordable and portable spa experience for up to 7 people. With easy setup and no professional installation required, this spa delivers both a classy look and a relaxing hot tub experience. It includes 5 comfortable, adjustable pillows to enhance your comfort. With a maximum temperature of 104ºF (40ºC), you can enjoy relaxation while surrounded by 180 AirJet massage bubbles and 10 HydroJet spa nozzles. The spa provides 3 internal seating options, including 2 ergonomic lounges and a long bench that can accommodate couples. Each seat features targeted HydroJet nozzles for maximum relaxation. What sets this spa apart is its compatibility with the Bestway Smart Hub™ App, allowing you to control the spa from your smart device.

Dimensions: 90.5 x 90.5 x 28 inches | Capacity: Five people


Best Splurge Hot Tub: Comfort Hot Tubs 834 Serties – 6-Person 51-Jets

Experience ultimate relaxation with the Comfort Hot Tubs 834 Series Spa. Its elegant design seamlessly blends into any setting, whether it’s a mountain house, beach city, countryside residence, residential neighborhood, or urban patio. This deluxe model features spacious and deep seating, providing a comfortable spa experience that customers rave about. With padded headrests and a lounge seating design, you and your guests will be delighted by the comfort it offers. Equipped with cutting-edge proprietary technology, this spa is sure to create lasting memories for you, your family, and friends. The hot tub features revolutionary adjustable stainless steel jets, delivering a high-pressure hydromassage to relieve stress and tension. The American Balboa control panel and heating system are built to last and provide a user-friendly experience. With excellent energy efficiency ratings, the system quickly heats the spa, ensuring a cozy environment even on the coldest winter nights. The heavy-duty insulated roll cover and premium insulation design retain heat effectively.

Includes Roll Cover, Water Fountains, Ozonator, LED Lights, Headrests, and More

Dimensions: 84 x 84 x 36 inches | Capacity: Six people


Best Small Hot Tub: Aquaspa 2-Person Hot Tub

Not everyone needs a large hot tub, and the Aquaspa 2-Person Hot Tub offers an intimate and cozy soaking experience. Indulge in pure relaxation with the touch of a button in this portable hot tub. Featuring 120 surrounding air jets, automatic preheating, and integrated water filtration, it offers complete tranquility. Experience powerful water circulation with the simultaneous operation of two filters, ensuring clean and pristine water. Activating the heating button initiates the filtering function. Aquaspa stands as the trusted leader in quality and enjoyment, with thousands of units sold worldwide.

Dimensions: 61 x 61 x 26 inches | Capacity: Two-three people


In conclusion, hot tubs provide a luxurious and therapeutic experience, but it’s crucial to choose wisely. Investing in a high-quality hot tub not only ensures durability but also helps save on energy and maintenance costs in the long run. Whether you opt for the Lifesmart LS100 for its reasonable price and easy maintenance, the Intex 28431EP for its quick setup and inflatable convenience, or a Comfort Hot Tubs 834 for its spaciousness and advanced features, there is a hot tub available to suit your specific needs and budget. Enjoy the relaxation and rejuvenation that hot tubs offer, creating your own personal oasis for ultimate comfort and well-being.

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