Jacuzzi is an Italian multinational corporation that produces whirlpool bathtubs and hot tub spas. Its first product was a bath with massaging jets. In October 2006, Apollo Management, a large private equity firm, announced a $990 million leveraged buyout of Jacuzzi Brands. In 2008 Jacuzzi moved its world headquarters to The Shoppes at Chino Hills, California. In May 2012, Jacuzzi Group Worldwide acquired the assets of ThermoSpas, a Wallingford Connecticut based manufacturer of spas and hot tubs.