Tampa, FL – August 2020 – KLH Capital (“KLH”) is pleased to announce it has partnered with David Branton, CEO, and the management team of Insulations, Inc. (“Insulations” or the “Company”) to complete a recapitalization of the business. Headquartered in New Orleans with branches across the Gulf Coast, Insulations is a full service industrial contractor specializing in insulation, fireproofing, heat tracing, painting and coating, refractory, scaffolding, and abatement services for customers in the LNG, refining, chemical, gas processing, power, pulp and paper, general industrial, and marine industries, often working alongside the largest and most reputable industrial general contractors in the U.S. and abroad.
Since its founding in 1970, Insulations has cultivated top-tier industry relationships with leading project owners and general contractors based on its thought leadership, project execution excellence, unrivaled safety record, and quality work product. David Branton, Owner and CEO, joined the Company in 1979 and will continue to lead the Company and its 1,100+ employees. “David and his team have built an incredible business with a tremendous set of opportunities before them and we are excited to partner with them to support their growth plans,” said James Darnell, Partner at KLH Capital.
“We are glad to be working with the KLH team,” said David Branton. “Our customers have complex needs and they depend on us to get our work done safely, on time, and on budget. This partnership ensures that we can meet those demands with the capital and support needed for the long-term,” he explained.
This is the third investment in KLH Capital’s fourth fund which raised $200mm to help founders, managers, and families solve succession planning and build great companies.