News

November 25, 2020

PR-Logo-NewswireDunes Point Capital, LP Announces Unified Door & Hardware Group’s Acquisition of Joffe Lumber & Supply Co., Inc.

RYE, N.Y.
, November 25, 2020 /PRNewswire/ — Unified Door and Hardware Group, LLC (“Unified”), a portfolio company of Dunes Point Capital, LP (“DPC”) has acquired Joffe Lumber & Supply Co., Inc. (“Joffe”). Located in Vineland, NJ, Joffe is a value-add distributor of doors, frames and hardware for commercial and residential end market sectors.

About DPC: 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. For more information, please visit www.dunespointcapital.com.

About Unified: Headquartered in Pennsauken, NJ, Unified is a value-add distributor of doors, frames and hardware for commercial, multi-family, healthcare, hospitality, government, education, public, and industrial end market sectors. Unified has 16 locations throughout 10 states in the US, predominately in large metropolitan areas, and employs approximately 500 people. For more information, please visit www.udhgroup.com.

About Joffe: Located in Vineland, NJ, Joffe is a value-add distributor of doors, frames and hardware for commercial and residential end market sectors.

 

SOURCE Dunes Point Capital, LP
Copyright © 2020 PR Newswire. All rights reserved


October 14, 2020

PR-Logo-NewswireRYE, N.Y., October 14, 2020 /PRNewswire/ — Dunes Point Capital, LP has created Best in Class Technology Services (“BCTS”), a diversified HVAC services platform, through the investment in Vulcan Heating and Air Conditioning Service, Inc. (“Vulcan”), P1 Services, LLC (“P1”), and Rieck Services, LLC (“Rieck”). Both P1 and Rieck are divisional carve-outs from P1 Group, Inc. and Mechanical Construction Managers, LLC, respectively. Headquartered in Birmingham, AL, BCTS is a provider of commercial HVAC aftermarket services including maintenance, repair and project work. BCTS has 12 locations across six states and employs approximately 450 people. Dunes Point Capital Fund II, LP provided the controlling equity for the transaction. The debt for the transaction, was provided by M&T Bank.

Kirkland & Ellis LLP and HMB Legal Counsel served as legal advisors to DPC, and Alvarez & Marsal Global Transaction Advisory Group served as financial advisor to DPC.

About DPC: Founded in 2013, 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 $500 million. For more information, please visit http://www.dunespointcapital.com.

About Best in Class Technology Services (“BCTS”): Headquartered in Birmingham, AL, BCTS is a provider of commercial HVAC aftermarket services including maintenance, repair and project work. BCTS has 12 locations across six states and employs approximately 450 people. For more information, please visit https://vulcanac.com, https://p1group.com, and https://rieckservices.com/service.

 

SOURCE Dunes Point Capital, LP
Copyright © 2020 PR Newswire. All rights reserved


October 1, 2020

PR-Logo-NewswireRYE, N.Y., October 1, 2020 /PRNewswire/ — Unified Door and Hardware Group, LLC (“Unified”), a portfolio company of Dunes Point Capital, LP (“DPC”) has acquired Constructive Resource Group Corp. DBA Architectural Door & Hardware of New York (“ADH”). Located in Newburgh, NY, ADH is a value-add distributor of doors and hardware for the education, healthcare, public & government, and multi-housing & residential end markets.

About DPC: 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. For more information, please visit http://www.dunespointcapital.com.

About Unified: Headquartered in Pennsauken, NJ, Unified is a value-add distributor of doors, frames and hardware for commercial, multi-family, healthcare, hospitality, government, education, public, and industrial end market sectors. Unified has 15 locations throughout 10 states in the US, predominately in large metropolitan areas, and employs approximately 500 people. For more information, please visit www.udhgroup.com.

About ADH: Headquartered in Newburgh, NY, ADH is a value-add distributor of doors and hardware for the education, healthcare, public & government, and multi-housing & residential end markets.

SOURCE Dunes Point Capital, LP
Copyright © 2020 PR Newswire. All rights reserved





March 16, 2020

PR-Logo-NewswireRYE, N.Y., March 16, 2020 /PRNewswire/ — Dunes Point Capital, LP (“DPC”) has entered into a definitive agreement to sell the distribution business of Harvey Building Products (“Harvey”) to Lansing Building Products (“Lansing“). The transaction is expected to close in the second quarter of 2020. Simultaneously, Lansing entered into a definitive agreement to sell a majority interest to Markel Corporation (NYSE: MKL). DPC will retain the manufacturing business of Harvey.

Located in Waltham, MA, the distribution business of Harvey sells windows, doors, roofing, siding and other building materials directly to contractors, builders, general contractors and other building industry professionals. The distribution business of Harvey operates 36 distribution centers and 14 product showrooms that are open to the public in the Northeast.

Harvey separately owns a manufacturing business that manufactures and sells windows and doors under the Harvey, Northeast Building Products, Soft-Lite, and Thermo-Tech brands, which will be retained by DPC. For more information, please visit www.harveybp.com.

About DPC: 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. For more information, please visit www.dunespointcapital.com.

About Harvey: Founded in 1961, Harvey is both a distributor of exterior building products and a manufacturer of windows and doors. The distribution business of Harvey operates 36 distribution centers and 14 product showrooms that are open to the public. The manufacturing business of Harvey manufactures and sells windows and doors under the Harvey, Northeast Building Products, Soft-Lite, and Thermo-Tech brands. For more information, please visit www.harveybp.com.

 

SOURCE Dunes Point Capital, LP
Copyright © 2020 PR Newswire. All rights reserved





March 3, 2020

PR-Logo-NewswireRYE, N.Y., March 3, 2020 /PRNewswire/ –Unified Door and Hardware Group, LLC (“Unified”), a portfolio company of Dunes Point Capital, LP (“DPC”) has acquired EJ Enterprises (“EJ”). Located in La Habra, CA, EJ is a value-add distributor of doors and hardware for the hospitality, entertainment, multi-family, healthcare and education end markets.

About DPC: 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. For more information, please visit http://www.dunespointcapital.com.

About Unified: Headquartered in Pennsauken, NJ, Unified is a value-add distributor of doors, frames and hardware for commercial, multi-family, healthcare, hospitality, government, education, public, and industrial end market sectors. Unified has 15 locations throughout 10 states in the US, predominately in large metropolitan areas, and employs approximately 500 people. For more information, please visit http://www.udhgroup.com.

About EJ: Headquartered in La Habra, CA, EJ is a value-add distributor of doors and hardware for the hospitality, entertainment, multi-family, healthcare and education end markets.

SOURCE Dunes Point Capital, LP
Copyright © 2020 PR Newswire. All rights reserved


 


August 12, 2019

PR-Logo-NewswireRYE, N.Y., Aug. 12, 2019 /PRNewswire/ — Dunes Point Capital, LP (“DPC”) has made an investment in Vanguard Packaging, Inc., Advanced Logistics & Fulfillment, LLC, and Great Plains Packaging, Inc. (together “Vanguard”). Located in Kansas City, MO, Vanguard is a designer and manufacturer of high graphic corrugated displays, retail ready packaging, industrial packaging products and related assembly, logistics and fulfillment services. Vanguard has its operations and headquarters in Kansas City, MO and sales and design offices in Maryland Heights, MO and Bentonville, AR. Vanguard employs approximately 200 people. For more information, please visit https://www.vanguardpkg.com.

Dunes Point Capital Fund II, LP provided the controlling equity for the transaction. The debt for the transaction was provided by Twin Brook Capital Partners and Churchill Asset Management.

Ropes & Gray LLP served as legal advisor to DPC, and Alvarez & Marsal Transaction Advisory Group served as financial advisor to DPC. Mesirow Financial served as financial advisor to Vanguard.

About DPC: Founded in 2013, 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 $500 million. For more information, please visit http://www.dunespointcapital.com.

About Vanguard Packaging, Inc., Advanced Logistics & Fulfillment, LLC, and Great Plains Packaging, Inc. (together “Vanguard”): Located in Kansas City, MO, Vanguard is a designer and manufacturer of high graphic corrugated displays, retail ready packaging, industrial packaging products and related assembly, logistics and fulfillment services. Vanguard has its operations and headquarters in Kansas City, MO and sales and design offices in Maryland Heights, MO and Bentonville, AR. Vanguard employs approximately 200 people. For more information, please visit https://www.vanguardpkg.com.

SOURCE Dunes Point Capital, LP
Copyright © 2019 PR Newswire. All rights reserved


 


July 1, 2019

PR-Logo-NewswireRYE, N.Y., July 1, 2019 /PRNewswire/ — Dunes Point Capital, LP (“DPC”) has made an investment in Unified Door and Hardware Group, LLC (“Unified”). Headquartered in Pennsauken, NJ, Unified is a value-add distributor of doors and hardware for commercial, multi-family, healthcare, hospitality, government, education, public, and industrial end market sectors. Unified has 15 locations throughout 10 states in the US, predominately in large metropolitan areas, and employs approximately 500 people. For more information, please visit http://www.udhgroup.com/.

Dunes Point Capital Fund II, LP provided the controlling equity for the transaction. The debt for the transaction was provided by funds managed or advised by GSO Capital Partners LP and M&T Bank.

Kirkland & Ellis LLP served as legal advisor to DPC, and Alvarez & Marsal Transaction Advisory Group, LLC served as financial advisor to DPC. Mufson Howe Hunter & Co. LLC served as financial advisor to Unified.

About DPC: Founded in 2013, 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 $500 million. For more information, please visit http://www.dunespointcapital.com.

About Unified Door and Hardware Group, LLC (“Unified”): Headquartered in Pennsauken, NJ, Unified is a value-add distributor of doors and hardware for commercial, multi-family, healthcare, hospitality, government, education, public, and industrial end market sectors. Unified has 15 locations throughout 10 states in the US, predominately in large metropolitan areas, and employs approximately 500 people. For more information, please visit http://www.udhgroup.com.

SOURCE Dunes Point Capital, LP
Copyright © 2019 PR Newswire. All rights reserved


 


April 2, 2019

PR-Logo-NewswireRYE, N.Y., April 2, 2019 /PRNewswire/ — Dunes Point Capital, LP (“DPC”) has sold Miller Chemical & Fertilizer, LLC (“Miller”), a division of Industrial Group Holdings, LLC (“IGH”), to J.M. Huber Corporation. Located in Hanover, PA, Miller is a manufacturer and distributor of non-hazardous crop protection adjuvants and nutritional agrichemical products designed to improve plant and crop production quality and yield. Miller sells its products into the farming and agriculture industries, with customers in 90 different countries. Miller has its headquarters in Hanover, PA and also has operations in 8 other countries. For more information, please visit www.millerchemical.com.

For DPC, The Valence Group, LLC and Houlihan Lokey Capital, Inc. served as M&A advisors, Kirkland & Ellis LLP served as legal advisor, and Alvarez & Marsal Transaction Advisory Group, LLC served as financial advisor.

About DPC: Founded in 2013, 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 $500 million. For more information, please visit www.dunespointcapital.com.

About Miller: Founded in 1937, Miller is a manufacturer and distributor of non-hazardous crop protection adjuvants and nutritional agrichemical products designed to improve plant and crop production quality and yield. Miller sells its products into the farming and agriculture industries, with customers in 90 different countries. For more information, please visit www.millerchemical.com.

About IGH: Founded in 2014, Industrial Group Holdings, LLC (“IGH”) is a holding company that included seven groups of assets that DPC acquired in 2014. These seven groups of assets included Ehrhardt Tool & Machine, LLC, Haysite Reinforced Plastics, LLC, John Wood Company, LLC, Miether Bearing Products, LLC, Miller Chemical & Fertilizer, LLC, Modern Equipment Company, LLC, and Synthane-Taylor (Canada) Ltd. In addition, IGH acquired Standard Locknut, LLC in 2015, Multisource Manufacturing LLC in 2016 and Coenen Mechanical, LLC in 2017.

SOURCE Dunes Point Capital, LP
Copyright © 2019 PR Newswire. All rights reserved  


December 17, 2018

PR-Logo-NewswireRYE, N.Y., Dec. 17, 2018 /PRNewswire/ — Dunes Point Capital, LP has sold Artisan Design Group (“Artisan”) to The Sterling Group. Located in Southlake, TX, Artisan is a full service designer, installer, and retailer of flooring products to residential homebuilders, general contractors and property managers in over 15 states. Artisan operates 39 facilities throughout the U.S. and employs approximately 830 people.

DPC acquired Artisan on December 16, 2016 with $120 million of revenue. Within two years, Artisan had increased its revenue to $410 million and completed eight add-on acquisitions.

For DPC, Baird served as M&A advisor, Kirkland & Ellis LLP served as legal advisor, and Alvarez & Marsal Transaction Advisory Group, LLC served as financial advisor.

About DPC: Founded in 2013, 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 $500 million. For more information, please visit www.dunespointcapital.com.

About Artisan Design Group (“Artisan”): Founded in 2016, ADG is a full service designer, installer, and retailer of flooring products to residential homebuilders, general contractors and property managers in over 15 states. ADG was originally formed through the combination of Floors, Inc. and Malibu Acceptance Corporation. For more information, please visit www.artisandesigngroup.us.

SOURCE Dunes Point Capital, LP
Copyright © 2018 PR Newswire. All rights reserved  


November 9, 2018

PR-Logo-NewswireRYE, N.Y., Nov. 9, 2018 /PRNewswire/ — Harvey Building Products (“Harvey”), a portfolio company of Dunes Point Capital, LP (“DPC”) has acquired Northeast Building Products (“NBP”). Located in Philadelphia, PA, NBP is a manufacturer of vinyl windows and entry doors for residential applications. Harvey, acquired by DPC in 2015, is a leading manufacturer and distributor of high quality building products, with a deep presence in the Northeast. NBP represents the third acquisition Harvey has made in the last two years.

About DPC: Founded in 2013, 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 $500 million. For more information, please visit www.dunespointcapital.com.

About NBP: Located in Philadelphia, PA, NBP is a manufacturer of vinyl windows and entry doors for residential applications. For more information, please visit www.nbpwindows.com.

About Harvey: Founded in 1961, Harvey is a leading manufacturer of high quality building products sold under the Harvey, Soft-Lite, and Thermo-Tech brands. Harvey also distributes siding, roofing, decking and trim. Headquartered in Waltham, MA, Harvey sells directly to contractors, builders, general contractors and other building industry professionals. The company has approximately 1,800 employees and operates four manufacturing facilities, 36 distribution centers and 13 product showrooms that are open to the public. For more information, please visit www.harveybp.com.

SOURCE Dunes Point Capital, LP
Copyright © 2018 PR Newswire. All rights reserved  


November 2, 2018

PR-Logo-NewswireRYE, N.Y., Nov. 2, 2018 /PRNewswire/ RYE, N.Y., Nov. 2, 2018 /PRNewswire/ — Dunes Point Capital, LP has acquired Specialty Products and Insulation (“SPI” or the “Company”), a value added distributer and fabricator of mechanical insulation and complementary products for commercial and industrial applications (the “Transaction”). SPI’s products help conserve energy, preserve worker safety, and provide noise abatement. The Company is a divisional carve-out from Foundation Building Materials, Inc. (NYSE: FBM). The Company was founded in 1981 and currently operates 53 distribution branches and 13 co-located fabrication facilities and sells over 30,000 SKUs to contractors in the U.S. and Canada.

Dunes Point Capital Fund II, LP provided the controlling equity for the Transaction. The debt for the Transaction was provided by Twin Brook Capital Partners and Churchill Asset Management.

Kirkland & Ellis LLP served as legal advisor to DPC, Alvarez & Marsal Transaction Advisory Group, LLC served as financial advisor to DPC. Piper Jaffray & Co. served as financial advisor to Foundation Building Materials, Inc.

About DPC: Founded in 2013, 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 $500 million. For more information, please visit www.dunespointcapital.com.

About Specialty Products and Insulation: Founded in 1981, the Company is a value added distributer and fabricator of mechanical insulation and complementary products for commercial and industrial applications. SPI’s products help conserve energy, preserve worker safety, and provide noise abatement. The Company currently operates 53 distribution branches and 13 co-located fabrication facilities and sells over 30,000 SKUs to contractors in the U.S. and Canada. For more information, please visit www.spi-co.com.

SOURCE Dunes Point Capital, LP
Copyright © 2018 PR Newswire. All rights reserved  


June 25, 2018

PR-Logo-NewswireRYE, N.Y., June 25, 2018 /PRNewswire/ — Dunes Point Capital, LP (“DPC”) has acquired Sonneman – A Way of Light (“Sonneman” or the “Company”), a leading designer and manufacturer of high-end architectural lighting for commercial and residential applications (the “Transaction”). The Company was founded in 2003 by Robert Sonneman, who has been designing modern lighting fixtures for 50 years. Sonneman’s product lines include 1,800 SKUs, with over 100 new product introductions annually.

Dunes Point Capital Fund II, LP provided the equity for the Transaction. The debt for the Transaction was provided by M&T Bank and affiliates of GSO Capital Partners LP.

Kirkland & Ellis LLP served as legal advisor to DPC, and Alvarez & Marsal Transaction Advisory Group served as financial advisor to DPC. Wells Fargo Securities served as financial advisor to the Company.

About DPC: Founded in 2013, 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 $500 million. For more information, please visit www.dunespointcapital.com.

About Sonneman – A Way of Light: Founded in 2003, the Company is a designer and manufacturer of high-end architectural lighting for commercial and residential applications. The Company was founded by Robert Sonneman, who has been designing modern lighting fixtures for 50 years. The Company’s product lines include 1,800 SKUs, with over 100 new product introductions annually. For more information, please visit www.sonnemanawayoflight.com.

SOURCE Dunes Point Capital, LP
Copyright © 2018 PR Newswire. All rights reserved  


April 4, 2018

PR-Logo-NewswireRYE, N.Y., April 4, 2018 /PRNewswire/ — Artisan Design Group (“ADG”), a portfolio company of Dunes Point Capital, LP (“DPC”) has acquired Atlanta West Carpets, LLC (“Atlanta West”), Metro Carpets, LLC (“Metro Carpets”), and Images Flooring, LLC (“Images”). Since ADG was formed in 2016, the company has completed six acquisitions.

Located in Lithia Springs, GA, Atlanta West is a full service designer and installer of flooring products, cabinets, and countertops to single family and multi-family builders and homeowners throughout Georgia and adjacent states. Atlanta West has three facilities throughout the Atlanta metro and adjacent states and employs approximately 101 people.

Located in Nashville, TN, Metro Carpets is a full service designer and installer of flooring products to single family builders and homeowners throughout Nashville and the surrounding communities. Metro Carpets has two facilities in Nashville and employs approximately 68 people.

Located in Englewood, CO, Images is a full service designer and installer of flooring products and countertops to single family builders and homeowners throughout Denver and the surrounding communities. Images has three facilities in Colorado and employs approximately 52 people.

About DPC: Founded in 2013, 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 $500 million. For more information, please visit www.dunespointcapital.com.

About ADG: Founded in 2016, ADG is a full service designer, installer, and retailer of flooring products to single family and multi-family builders, property managers and homeowners in over 13 states. ADG was originally formed by DPC through the combination of Floors, Inc. and Malibu Acceptance Corporation.

SOURCE Dunes Point Capital, LP
Copyright © 2018 PR Newswire. All rights reserved  


March 22, 2018

PR-Logo-NewswireRYE, N.Y., Mar. 22, 2018 /PRNewswire/ — Harvey Building Products (“Harvey”), a portfolio company of Dunes Point Capital, LP (“DPC”) has acquired Thermo-Tech Windows, LLC (“Thermo-Tech”). Located in Sauk Rapids, MN, Thermo-Tech is a manufacturer of vinyl windows and sliding doors for residential and light commercial applications in the Midwest. DPC previously acquired Harvey in 2015. Harvey is a leading manufacturer and distributor of high quality building products, with a deep presence in the Northeast.

Thermo-Tech was represented by BB&T Capital Markets.

About DPC: Founded in 2013, 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 $500 million. For more information, please visit www.dunespointcapital.com.

About Thermo-Tech: Located in Sauk Rapids, MN, Thermo-Tech is a manufacturer of vinyl windows and sliding doors for residential and light commercial applications in the Midwest. For more information, please visit www.ttwindows.com.

About Harvey: Founded in 1961, Harvey is a leading manufacturer of high quality building products sold under the Harvey and Soft-Lite brands. Harvey also distributes siding, roofing, decking and trim. Headquartered in Waltham, MA, Harvey sells directly to contractors, builders, general contractors and other building industry professionals. The company has approximately 1,700 employees and operates three manufacturing facilities, 36 distribution centers and 14 product showrooms that are open to the public. For more information, please visit www.harveybp.com.

SOURCE Dunes Point Capital, LP
Copyright © 2018 PR Newswire. All rights reserved  


September 20, 2017

PR-Logo-NewswireRYE, N.Y., Sept. 11, 2017 /PRNewswire/ — Artisan Design Group (“ADG”), a portfolio company of Dunes Point Capital, LP (“DPC”) has acquired J.R. McDade Company, LLC (“J.R. McDade”), WCCV Floor Coverings, LLC (“WCCV”), and Arlun, Inc. (“Arlun”).

Located in Phoenix, AZ, J.R. McDade is a full service designer and installer of flooring products, countertops, and window coverings to single family and multi-family builders, property managers, and homeowners throughout Arizona. J.R. McDade has 6 facilities throughout Arizona and employs approximately 122 people.

Located in Peninsula, OH, WCCV is a full service designer and installer of flooring products to single family and multi-family builders, property managers, and homeowners throughout Northeast Ohio. WCCV has 3 facilities throughout Northeast Ohio and employs approximately 40 people.

Located in Colorado Springs, CO, Arlun is a full service designer and installer of flooring products and distributor of lighting products to single family and multi-family builders, property managers, and homeowners throughout Colorado Springs and Denver. Arlun has 2 facilities in Colorado Springs and Denver and employs approximately 65 people.

About DPC: Founded in 2013, 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 $500 million. For more information, please visit www.dunespointcapital.com.

About ADG: Founded in 2016, ADG is a full service designer, installer, and retailer of flooring products to single family and multi-family builders, property managers and homeowners in over 13 states. ADG was originally formed through the combination of Floors, Inc. and Malibu Acceptance Corporation.

SOURCE Dunes Point Capital, LP
Copyright © 2017 PR Newswire. All rights reserved  


May 23, 2017

PR-Logo-NewswireRYE, N.Y., May 23, 2017 /PRNewswire/ — Industrial Group Holdings, LLC, a portfolio company of Dunes Point Capital, LLC has acquired Coenen Mechanical, LLC (“Coenen”). Located in Appleton, WI, Coenen provides pressure vessels, metal fabrication, specialty piping, and field services. For more information, please visit www.coenenmechanical.com.

About Dunes Point Capital, LLC (“DPC”): Founded in 2013, 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 $500 million. For more information, please visit www.dunespointcapital.com.

About Industrial Group Holdings, LLC (“IGH”): Located in Rye, NY, IGH is a holding company that oversees and manages six industrial operating units.

SOURCE Dunes Point Capital, LP
Copyright © 2016 PR Newswire. All rights reserved  


January 27, 2017

PR-Logo-NewswireRYE, N.Y., Jan. 27, 2017 /PRNewswire/ — Dunes Point Capital, LLC has acquired Power Distribution, Inc. (“PDI”) from Smiths Group plc. Located in Richmond, VA, PDI designs, manufactures, and services mission critical power distribution, static switching, and power monitoring equipment for corporate data centers, industrial and commercial customers sold under the PDI and Onyx Power brands. PDI has operating facilities in Virginia and California and employs approximately 450 people. For more information, please visit www.pdicorp.com and www.onyxpower.com.

DPC Investment Partners, LLC provided the controlling equity for the transaction. The debt for the transaction, together with an equity co-investment, was provided by certain funds advised by FS Investments and sub-advised by GSO Capital Partners LP; and Bank of America Business Capital.

Kirkland & Ellis LLP served as legal advisor to DPC, and Alvarez & Marsal Transaction Advisory Group served as financial advisor to DPC. Harris Williams & Co. served as financial advisor to Smiths Group plc.

About DPC: Founded in 2013, 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 $500 million. For more information, please visit www.dunespointcapital.com.

About Power Distribution, Inc. (“PDI”): Founded in 1978, PDI designs, manufactures, and services mission critical power distribution, static switching, and power monitoring equipment for corporate data centers, industrial and commercial customers sold under the PDI and Onyx Power brands. PDI has operating facilities in Virginia and California and employs approximately 450 people. For more information, please visit www.pdicorp.com and www.onyxpower.com.

SOURCE Dunes Point Capital, LP
Copyright © 2016 PR Newswire. All rights reserved  


December 23, 2016

PR-Logo-NewswireRYE, N.Y., December 23, 2016 /PRNewswire/ — Dunes Point Capital, LLC (“DPC”) has acquired the assets of Floors, Inc. (“Floors”) and Malibu Acceptance Corporation (“Malibu”), which will be combined to create a diversified flooring platform.

Located in Southlake, TX, Floors is a full service designer, installer and retailer of flooring products to home builders and homeowners throughout Texas. Floors was founded in 1983 and operates six retail centers, four design centers and four builder operation centers throughout Texas. For more information, please visit www.floorsinc.com.

Located in Richardson, TX, Malibu is a full service designer and installer of flooring products to multifamily builders throughout the country. Founded in 1995, Malibu operates in 13 states.

DPC Investment Partners, LLC provided the equity for the transaction. The debt for the transaction was provided by Cerberus Business Finance, LLC.

Kirkland & Ellis LLP served as legal advisor to DPC, and Alvarez & Marsal Transaction Advisory Group served as financial advisor to DPC. MAB Corporate Advisors served as financial advisor to Floors and Malibu.

About DPC: Founded in 2013, 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 $500 million. For more information, please visit www.dunespointcapital.com.

SOURCE Dunes Point Capital, LP
Copyright © 2016 PR Newswire. All rights reserved  


December 21, 2016

PR-Logo-NewswireRYE, N.Y., December 21, 2016 /PRNewswire/ — Harvey Building Products (“Harvey”), a portfolio company of Dunes Point Capital, LLC (“DPC”), has acquired Soft-Lite Windows (“Soft-Lite”), a manufacturer of vinyl replacement windows. Soft-Lite is headquartered in Streetsboro, OH and distributes its products throughout much of the United States. DPC previously acquired Harvey in 2015. Harvey is a leading manufacturer and distributor of high quality building products, with a deep presence in the Northeast.

About DPC: Founded in 2013, 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 $500 million. For more information, please visit www.dunespointcapital.com.

About Soft-Lite: Soft-Lite is a vinyl replacement window manufacturer headquartered in Streetsboro, OH. Soft-Lite sells its products directly to its customers, specializing in large, private label window dealers. For more information, please visit www.soft-lite.com.

About Harvey: Founded in 1961, Harvey is a leading manufacturer of high quality building products. Headquartered in Waltham, MA, Harvey sells directly to contractors, builders, general contractors and other building industry professionals. In addition to manufacturing vinyl windows and doors, they also distribute siding, roofing, decking and trim. The company has approximately 1,500 employees and operates two manufacturing facilities, 35 distribution centers and 14 product showrooms that are open to the public. For more information, please visit www.harveybp.com.

SOURCE Dunes Point Capital, LP
Copyright © 2016 PR Newswire. All rights reserved  


May 16, 2016

PR-Logo-NewswireRYE, N.Y., May 16, 2016 /PRNewswire/ — Industrial Group Holdings, LLC, a portfolio company of Dunes Point Capital, LLC has acquired MultiSource Manufacturing LLC (“MultiSource”). Located in Minnetonka, MN, MultiSource is a supply chain partner and end-to-end provider of precision machining and assembly solutions to leading original equipment manufacturers in the medical, aerospace, food and industrial end markets. MultiSource has eight manufacturing facilities in Minnesota and Colorado and employs approximately 330 people. For more information, please visit www.multisourcemfg.com.

Houlihan Lokey advised MultiSource through the sale.

About Dunes Point Capital, LLC (“DPC”): Founded in 2013, DPC is a family office and private investment firm, pursuing control investments in companies operating in the general industrial and energy sectors. DPC targets companies with enterprise values of up to $500 million. For more information, please visit www.dunespointcapital.com.

About Industrial Group Holdings, LLC (“IGH”): Located in Rye, NY, IGH is a holding company that oversees and manages nine industrial companies.

SOURCE Dunes Point Capital, LP
Copyright © 2016 PR Newswire. All rights reserved  


November 2, 2015

PR-Logo-NewswireRYE, N.Y., Nov. 2, 2015 /PRNewswire/ — Industrial Group Holdings, LLC, a portfolio company of Dunes Point Capital, LLC has acquired Standard Locknut, LLC (“Standard”). Standard is a leading manufacturer of bearing accessories used in OEM and replacement applications, including locknuts, lock washers, sleeves, and pillow blocks.

About Dunes Point Capital, LLC (“DPC”): Founded in 2013, DPC is a family office and private investment firm, pursuing control investments in companies operating in the general industrial and energy sectors. DPC targets companies with enterprise values of up to $500 million. For more information, please visit www.dunespointcapital.com.

About Standard Locknut, LLC (“Standard”): Founded in 1949, Standard is a leading manufacturer of bearing accessories that serves a variety of end markets including bearing, heavy construction, paper, mining, oil field, energy, and automotive. Standard is located in Westfield, IN. For more information, please visit www.stdlocknut.com.

SOURCE Dunes Point Capital, LP
Copyright © 2015 PR Newswire. All rights reserved   October 5, 2015

PR-Logo-NewswireRYE, N.Y., Oct. 5, 2015 /PRNewswire/ — Dunes Point Capital, LLC (“DPC”) announced today that it has acquired Harvey Building Products (“Harvey”). Harvey is a leading manufacturer and distributor of high quality building products. Harvey manufactures windows and doors under the Harvey brand name and also distributes siding, roofing and other building products. Headquartered in Waltham, MA, Harvey enjoys a dominant footprint in the Northeast.

DPC Investment Partners, LLC provided the controlling equity for the transaction. The debt for the transaction was provided by entities managed by affiliates of Franklin Square Capital Partners and sub-advised by an affiliate of GSO Capital Partners LP, Blackstone’s credit platform; Ladder Capital Finance LLC; and Bank of America Merrill Lynch.

Kirkland & Ellis LLP served as legal advisor to DPC; Alvarez & Marsal Transaction Advisory Group served as financial advisor to DPC; and Friedman Integrated Real Estate Solutions served as real estate advisor to DPC. Nutter McClennen & Fish served as legal advisor to Harvey, and Harris Williams & Co. served as financial advisor to Harvey.

About Harvey Building Products (“Harvey”): Founded in 1961, Harvey is a leading manufacturer and distributor of high quality building products that sells directly to contractors and builders. The company has approximately 1,500 employees and operates two manufacturing facilities, 33 warehouse locations and 14 product showrooms that are open to the public. For more information, please visit www.harveybp.com.

About Dunes Point Capital, LLC (“DPC”): Founded in 2013, DPC is a family office and private investment firm, pursuing control investments in companies operating in the general industrial and energy sectors. DPC targets companies with enterprise values of up to $500 million. For more information, please visit www.dunespointcapital.com.

SOURCE Dunes Point Capital, LP
Copyright © 2015 PR Newswire. All rights reserved June 2, 2014

PR-Logo-NewswireRYE, N.Y., June 2, 2014 /PRNewswire/ — Dunes Point Capital, LLC (“DPC”) announced today that it has acquired the assets or stock of a group of industrial and chemical businesses owned by Alco Industries Inc. (“Alco”).

DPC Investment Partners, LLC provided the equity for the transaction. The debt for the transaction was provided by an entity sub-advised by an affiliate of GSO Capital Partners LP (“GSO”), Blackstone’s credit business, and PNC Bank.*

Kirkland & Ellis LLP served as legal advisor to DPC, and Alvarez & Marsal Transaction Advisory Group served as financial advisor to DPC. Pepper Hamilton LLP served as legal advisor to Alco, and Houlihan Lokey served as financial advisor to Alco.

About Dunes Point Capital, LLC (“DPC”): Founded in 2013, DPC is a family office and private investment firm, pursuing control investments in companies operating in the general industrial and energy sectors. DPC targets companies with enterprise values of up to $500 million. For more information, please visit www.dunespointcapital.com.

*The group of entities sub-advised by GSO are advised by affiliates of Franklin Square Capital Partners.

SOURCE Dunes Point Capital, LP
Copyright © 2014 PR Newswire. All rights reserved August 1, 2013

PR-Logo-NewswireCONWAY, S.C., Aug. 1, 2013 /PRNewswire via COMTEX/ — The Professional Plumbing Group Inc. (“PPG”) announced today that it has been acquired by Dunes Point Capital. PPG is the parent company of two legendary brands operating in the plumbing supply industry: Wolverine Brass and PlumbMaster. PPG was previously owned by affiliates of Bradford Equities (“Bradford”) and management.

Wolverine Brass, which was founded in 1896, manufactures branded, high-quality plumbing products in the United States and sells them directly to professional plumbers and tradesmen throughout the United States. PlumbMaster, founded under a predecessor name in 1932, distributes an array of high quality plumbing fixtures and fittings to the institutional and repair plumbing markets throughout the United States.

The debt for the transaction was provided by an entity sub-advised by an affiliate of GSO Capital Partners LP (“GSO”), Blackstone’s credit business, and PNC Bank.* Dunes Point Capital is the controlling equity shareholder. Other equity participants include an entity sub-advised by GSO and the PPG management team.

Lloyd Coppedge, Chief Executive Officer of PPG, stated: “We are very excited about the acquisition. Dunes Point Capital brought a unique perspective, with a long-term and committed vision to grow the Company. We are eager to start our new journey with DPC.”

Richard Rudolph, Managing Director of Bradford, stated: “We thoroughly enjoyed working with such a dedicated and talented management group and we appreciate their efforts. They have a great new partner in DPC and we wish them nothing but the best in their future endeavors.”

Kirkland & Ellis LLP served as legal advisor to Dunes Point Capital. Dechert LLP served as legal advisor to PPG and Bradford. Lincoln International represented the sellers, and Isleworth Capital served as a consultant to PPG.

About Professional Plumbing Group (“PPG”): PPG is the parent company of Wolverine Brass, Inc. and PlumbMaster, Inc. PPG has its headquarters in Conway, S.C., with additional operations in Concordville, Pa., and Oceanside, Calif. PPG employs approximately 310 people. For more information, please visit www.ppg-inc.com.

About Dunes Point Capital (“DPC”): Founded in 2013, Dunes Point Capital is a private investment firm, pursuing control investments in companies operating in the general industrial and energy sectors. DPC targets companies with enterprise values of up to $300 million. For more information, please visit www.dunespointcapital.com.

*The entity sub-advised by GSO Capital Partners is FS Investment Corp II, and it is advised by FB Income Advisors, LLC.

SOURCE Kirkland & Ellis LLP
Copyright © 2013 PR Newswire. All rights reserved