Sound Seal Acquires Lamvin, Inc.
LITTLE ROCK, Ark.--(BUSINESS WIRE)--Nov 5, 2019--
Sound Seal Holdings, Inc. (“Sound Seal”), a portfolio company of The Stephens Group, LLC and leading manufacturer of noise control products, announced today that it has acquired California-based Lamvin, Inc. Founded in 1961 and based in Oceanside, CA, Lamvin has a robust portfolio of acoustic fabric wrapped panels, including custom shaped products, 3D panels and a wide offering of acoustic polyester products.
“This acquisition just made sense,” said Joe Lupone, CEO of Sound Seal. “With Lamvin as part of our family, Sound Seal is able to expand our architectural product portfolio and gain a national manufacturing presence that will allow us to better service and grow the west coast market. Having a brick and mortar facility in California puts us at a strong geographical advantage as we will now be more responsive and better equipped to support our valuable reps and distributors coast to coast.”
Clay Hunter, a Managing Director at The Stephens Group added, “We are pleased to support the Sound Seal team in this complementary acquisition which adds high-quality product line extensions to our current acoustical panel offering while expanding Sound Seal’s geographic footprint. Joe and his team are great partners, and we look forward to continuing to support their efforts in building the industry leading platform.”
Robin Gray, President of Lamvin, along with the current management team and employees will remain with the company and day-to-day operations will not change. “We are very excited to join the Sound Seal family of companies,” said Robin Gray. “Lamvin has a great portfolio of products and a strong position on the West Coast. With the sales and marketing resources that Sound Seal can share with us, I feel confident that we can expand our brand presence across the country. This is a win-win for all parties, and I am excited to get started.”
ABOUT SOUND SEAL
Based in Agawam, Massachusetts, Sound Seal is a leading manufacturer of acoustical noise control solutions, offering the widest product selection in the industry with innovative solutions and outstanding customer service. Sound Seal’s highly engineered products include noise curtains and barriers, fabric wrapped panels, enclosures, specialized floor underlayments and the award winning line of WoodTrends wall and ceiling panels. Through IAC and Noise Barriers, Sound Seal offers a complete line of acoustical metal including HVAC silencers & louvers, enclosures, anechoic chambers, audiology booths and highly engineered sound control doors and windows.
ABOUT THE STEPHENS GROUP, LLC
The Stephens Group, LLC is a private investment firm that partners with talented management teams to help build valuable businesses. Backed by the resources of the Stephens family, The Stephens Group has a long history of providing sophisticated, strategic expertise and taking a partnership approach to help companies successfully achieve their strategic visions and build long-term value. With over $1.5 billion invested since 2006, The Stephens Group targets investments in industries across the U.S., including industrial and commercial products and services, specialty distribution, B2B food and consumer products, and technology infrastructure and tech-enabled services, as well as select opportunistic situations.
View source version on businesswire.com:https://www.businesswire.com/news/home/20191105005128/en/
CONTACT: Ronald M. Clark
The Stephens Group, LLC
KEYWORD: UNITED STATES NORTH AMERICA ARKANSAS MASSACHUSETTS
INDUSTRY KEYWORD: OTHER MANUFACTURING COMMERCIAL BUILDING & REAL ESTATE TEXTILES CONSTRUCTION & PROPERTY ENGINEERING MANUFACTURING BUILDING SYSTEMS OTHER CONSTRUCTION & PROPERTY RESIDENTIAL BUILDING & REAL ESTATE
SOURCE: Sound Seal Holdings, Inc.
Copyright Business Wire 2019.
PUB: 11/05/2019 11:00 AM/DISC: 11/05/2019 11:01 AM