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New Deal


Announced

Completed

Dunes Point Capital-backed SPI completed the acquisition of Thermaxx.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Acquisition

Majority

Single Bidder

Domestic

Friendly

Completed

Diversified Industrials

removable insulation

Private

United States

Synopsis

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Dunes Point Capital-backed Specialty Products and Insulation, a value-added distributer and fabricator of mechanical insulation and complementary products, completed the acquisition of Thermaxx, a designer, manufacturer, and installer of removable insulation covers for commercial end markets. Financial terms were not disclosed. Thermaxx's patented energy savings sensors and mechanical insulation asset management system is being used by hundreds of facilities, throughout the United States, to save energy, reduce operating cost, and make the workplace safer.

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