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

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.