LITTLE ROCK, Ark.–(BUSINESS WIRE)–Sound Seal, a portfolio company of The Stephens Group, LLC and leading manufacturer of noise control products, announced today that it has acquired Flemington, New Jersey based Acoustical & Tackable Surfaces, Inc. (“ATS”). ATS is a leading manufacturer and installer of acoustical wall and ceiling panels.
“The ATS product and service portfolio is a perfect addition to our thriving architectural business,” said Joe Lupone, CEO of Sound Seal. “Our lean practices support a culture of continuous improvement, unmatched product quality and customer service. Furthermore, Sound Seal will extend sophisticated marketing and commercial resources that support rapid growth and scale. This acquisition is a prime example of Sound Seal taking another positive step toward strengthening our overall position in noise control.”
Clay Hunter, a Managing Director at The Stephens Group added, “The acquisition of ATS advances Sound Seal’s goal of building a leading and differentiated platform in the noise control and sound abatement industry. The Sound Seal team has an excellent track record of identifying, acquiring and integrating complementary businesses, and we will continue to support this component of their strategy as M&A continues to be a meaningful value driver for Sound Seal.”
Scott Randolph, the founder of ATS, will join Sound Seal in a new business development capacity. “ATS has been a strong and independent player in the architectural space for over 20 years,” said Randolph. “It is both satisfying and exciting to now transition this business that I have built from the ground up, and to be a part of something bigger. The Sound Seal product portfolio is broad and robust. I am very excited to join this team and lend my experience to growing the architectural business.”
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 soundproof doors and windows, noise curtains and barriers, fabric wrapped wall panels, enclosures, specialized floor underlayments and the award winning line of WoodTrends wall and ceiling panels. 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.
ABOUT THE STEPHENS GROUP, LLC
The Stephens Group 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.
Contacts
Ronald M. Clark
General Counsel
The Stephens Group, LLC
[email protected]
501.377.3401
