Announced
Financials
Tags
Private
Acquisition
Pending
Friendly
ceiling products
Majority
United States
Building Materials: Other
Single Bidder
Private Equity
Synopsis
Sound Seal Holdings, a portfolio company of The Stephens Group and a manufacturer of noise control products, agreed to acquire Lamvin, a manufacturer of acoustical wall and ceiling products for commercial construction. Financial terms were not disclosed. “This acquisition just made sense. With Lamvin as part of our family, Sound Seal is able to expand our architectural product portfolio and gain a national manufacturing presence that will allow us to better service and grow the west coast market. Having a brick and mortar facility in California puts us at a strong geographical advantage as we will now be more responsive and better equipped to support our valuable reps and distributors coast to coast.”Joe Lupone, Sound Seal CEO.
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