Specialty Products and Insulation ("SPI"), a portfolio company of Dunes Point Capital, LP ("DPC"), has acquired Rocky Mountain Construction Wholesale, LLC ("RMCW"). Headquartered in Charlotte, NC, SPI is a value added distributor and fabricator of mechanical and building insulation products and complementary products for commercial and industrial applications. The Company currently operates 56 distribution branches and 13 co-located fabrication facilities and sells to over 3,500 contractors in the U.S. and Canada.
DPC is a family office and private investment firm, pursuing control investments in companies operating in the general industrial sector. DPC targets companies with enterprise values of up to $1 billion.
DPC was represented by HMB.
Read the full press release by Cision PR Newswire here.
Learn more about HMB’s Private Equity practice here.