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’s Private Equity Team, led by Corporate Partner, Evan M. Knobloch and Corporate Associates Alicia A. Handy and Loan K. Tran. Real Estate Associate Ryan F. Sullivan also worked with the team on this deal.
Learn more about HMB’s Private Equity practice here.