News Release
October 21, 2020
Croft & Bender Serves as Financial Advisor to American Residential Products in its Sale to SEI Group, a Portfolio Company of Narrow Gauge Capital
has been acquired by
ARP is a leading installer of insulation and other specialty products.
About
ARP is a leading installer of a wide variety of residential building products for builders and general contractors in the single-family and multi-family residential construction markets in Florida. The Company has a diverse range of offerings, including insulation, shower surrounds, closet shelving, and mirrors.
Situation
ARP engaged Croft & Bender to advise the Company through an exclusive sale process. Croft & Bender worked with the Company to identify and select a targeted group of potential acquirers, build a financial model, develop marketing materials, conduct management presentations, manage the diligence process, and negotiate with interested parties.
Result
Croft & Bender successfully negotiated the sale of the Company to SEI Group.