DORAVILLE, Ga., July 2, 2024
/PRNewswire/ -- SEI Group LLC ("SEI"), a leading installer of
insulation and complementary specialty building products, today
announced the acquisitions of Panhandle Building Materials, Inc.
("Panhandle") and EnergyPro Insulation, Inc. ("EnergyPro").
Panhandle, established in 2018, is a leading installer of
fiberglass insulation products, spray foam insulation, garage
doors, hurricane shutters and after-paint products (including
shelving, mirrors and shower doors). The company services the
residential new construction market in Pensacola, FL and surrounding localities.
Established in 2013 and located in Grand Junction, CO, EnergyPro services single
family and multi-family homebuilders throughout western
Colorado with installed insulation
products, including fiberglass building insulation, fiberglass
blowing wool, spray foam and cellulose.
Mark Moore, President of SEI,
stated "We are excited to add Panhandle Building Materials and
EnergyPro Insulation to our growing family of companies. The
completion of these transactions reflects our continued success in
the execution of our growth strategies. On behalf of all of
us at SEI, I am pleased to welcome everyone at Panhandle and Energy
Pro to our team."
Since its recapitalization with Quad-C Management in
February 2021, SEI has acquired a
total of 13 businesses, expanding its footprint to include 40
branches across 12 states, including many of the fastest growing
markets in the United States.
Terms of the deals were not disclosed.
About SEI Group
SEI Group, a portfolio company of Quad-C Management, Inc.,
installs insulation and specialty building products (including
shelving, mirrors, shower doors, gutters and garage doors) in the
single family and multi-family residential and light commercial
markets. The Company provides best-in-class service levels to
customers including national, regional and custom homebuilders, as
well as multi-family and commercial general contractors. For
additional information, visit www.seigroupusa.com or email
sean.cusack@seigroup-usa.com.
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SOURCE SEI Group