Dunes Point Capital, LP ("DPC") sold its portfolio company, Specialty Products and Insulation (“SPI”), to Incline Equity Partners.
Located in Charlotte, NC, SPI is a value-added distributor and fabricator of insulation and complementary products for the commercial, industrial and residential markets. SPI's products help conserve energy, preserve worker safety, and provide noise abatement. The Company operates 59 distribution branches and 16 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.