The Stephens Group, LLC finalized its acquisition of Sound Seal Holdings, Inc. of Agawam, Mass. Terms of the transaction were not disclosed.
Sound Seal is a leading manufacturer of acoustical noise control solutions, including soundproof doors and windows, noise curtains and barriers, fabric-wrapped wall panels, enclosures, specialized floor underlayments and an award winning line of WoodTrends wall and ceiling panels, Stephens announced in a press release on Wednesday (March 27).
IAC Acoustics, a division of Sound Seal, is the leading developer and manufacturer of metal HVAC silencers, acoustic louvers, metal soundproof enclosures and highly engineered sound control doors and windows. Sound Seal works in a highly collaborative manner with acoustical consultants, architects, designers, industrial contractors, and building owners to address a wide range of noise control applications across industrial, architectural, medical, retail, entertainment and other end markets.
“We are very excited to add Sound Seal to our portfolio of world class companies,” said Clay Hunter, managing director at The Stephens Group. “Sound Seal is a leader in their industry with a strong and experienced management team in place. There are a number of long-term, systemic forces driving adoption of noise control products in almost every industry, and Sound Seal’s highly engineered products, scale, solutions-oriented reputation and its customer-centric culture uniquely position the company for success in this rapidly growing industry.”
“The team at Sound Seal could not be more excited to move forward with The Stephens Group,” said Joe Lupone, Sound Seal’s CEO. “The Stephens Group provides Sound Seal with much more than just capital. Their value-added approach to enabling organic and acquisitive growth will help us achieve our strategic vision and build long-term value without the timeline constraints of a traditional private equity investor.”
The Stephens Group is a Little Rock-based private investment firm with over $1 billion invested since 2006 in industries across the U.S.