BETHESDA, Md.–(Business WIRE)–Apr 5, 2021–
Rotunda Capital Companions (“Rotunda”), an operationally-centered private fairness company, has obtained a majority stake in Storm Smart (the “Company”), one particular of the biggest vertically integrated immediate to purchaser entrepreneurs, makers and installers of storm security merchandise in the state of Florida.
Headquartered in Fort Myers, Florida, Storm Sensible offers property owners and corporations with revolutionary hurricane protection and lifestyle improvement remedies, skilled installations, and outstanding shopper assistance. Because their start out in 1996, the Business has helped additional than 80,000 homeowners maximize the worth of their house by making their properties both safer from storms and far more strength productive.
“Storm Sensible has been the chief in their group for the previous 25 a long time,” reported Bob Wickham, companion with Rotunda. “They have revolutionized the storm security sector via the enhancement of revolutionary items and a background of continually furnishing superb company. We are excited to companion with them in their up coming stage of development.”
Storm Good Founder Brian Rist will keep a substantial fairness curiosity in the Corporation and continue on to provide on its board of administrators. John Boland will keep on being as CEO.
“This is a huge result for Storm Smart’s much more than 250 workforce who have been the genuine achievements of the organization,” explained Rist. “I consider with Rotunda’s partnership, we will be able to speed up our expansion into new markets even though retaining the sturdy, buyer-focused tradition Storm Good is recognised for.”
Storm Smart’s progressive merchandise have released the firm to turn into the biggest immediate to shopper marketer, maker and installer of code-authorized hurricane protection solutions in Florida, with a lot more than 80,000 prospects in Florida, the Caribbean, Mexico and Guam, since opening its doors in Fort Myers in 1996. The company has a long checklist of accomplishments, including currently being named 2016 Distributor of the Year and 2015 Company of the Calendar year, the two by the Southwest Regional Brands Association, as nicely as Nonprofit Enterprise Associate of the Yr by the Cape Coral Neighborhood Foundation.
Storm Good is headquartered at its a few-developing campus in Fort Myers, FL. The business also has two showrooms in Southwest Florida, positioned at 11040 Plantation Road in Fort Myers, and in Naples at 2400 Vanderbilt Beach Road, Unit 102. For a lot more, pay a visit to www.stormsmart.com.
About Rotunda Money Associates
Rotunda Capital Partners is a private fairness business that invests equity capital in founded, lower middle market place companies. Rotunda associates with management to make details-driven development platforms in just its specific sectors, like price-additional distribution, asset light logistics and industrial/company providers. Launched in 2009, the business has a extensive record of helping management teams realize their targets for progress. The Rotunda team actively provides assistance and attracts on deep business and economical relationships to contribute to the productive execution of Rotunda’s companies’ strategic ideas. For additional, take a look at www.rotundacapital.com.
Key phrase: UNITED STATES NORTH The us MARYLAND
Market Key word: BANKING Technology Experienced Providers LANDSCAPE Inside Style and design House Merchandise Household Constructing & Actual ESTATE Building & Property SPECIALTY Stability Program Setting up Programs RETAIL Natural environment Components Knowledge Management FINANCE
Supply: Rotunda Cash Partners
Copyright Business Wire 2021.
PUB: 04/05/2021 10:50 AM/DISC: 04/05/2021 10:51 AM
Copyright Organization Wire 2021.
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