Rotunda Money Partners Acquires Storm Sensible | Business & Finance
BETHESDA, Md.–(Company WIRE)–Apr 5, 2021–
Rotunda Money Associates (“Rotunda”), an operationally-targeted personal fairness organization, has acquired a the vast majority stake in Storm Intelligent (the “Company”), a person of the most significant vertically built-in immediate to customer entrepreneurs, brands and installers of storm safety merchandise in the point out of Florida.
Headquartered in Fort Myers, Florida, Storm Sensible offers householders and businesses with revolutionary hurricane defense and life-style enhancement remedies, experienced installations, and excellent client assistance. Considering that their start out in 1996, the Company has aided additional than 80,000 property owners raise the benefit of their assets by making their residences the two safer from storms and more electrical power efficient.
“Storm Clever has been the leader in their category for the earlier 25 a long time,” mentioned Bob Wickham, spouse with Rotunda. “They have revolutionized the storm defense business as a result of the growth of progressive products and a background of continuously offering superb services. We are fired up to husband or wife with them in their up coming stage of growth.”
Storm Smart Founder Brian Rist will retain a significant fairness curiosity in the Corporation and go on to provide on its board of directors. John Boland will stay as CEO.
“This is a huge result for Storm Smart’s far more than 250 staff who have been the authentic achievement of the enterprise,” reported Rist. “I believe with Rotunda’s partnership, we will be equipped to accelerate our expansion into new marketplaces even though retaining the solid, consumer-centered tradition Storm Intelligent is known for.”
Storm Smart’s innovative products have introduced the corporation to grow to be the premier direct to purchaser marketer, maker and installer of code-accepted hurricane defense products in Florida, with far more than 80,000 clients in Florida, the Caribbean, Mexico and Guam, considering the fact that opening its doors in Fort Myers in 1996. The business has a prolonged list of achievements, which includes getting named 2016 Distributor of the Yr and 2015 Manufacturer of the Year, both by the Southwest Regional Brands Association, as nicely as Nonprofit Small business Lover of the Year by the Cape Coral Community Foundation.
Storm Sensible is headquartered at its three-creating campus in Fort Myers, FL. The company also has two showrooms in Southwest Florida, situated at 11040 Plantation Road in Fort Myers, and in Naples at 2400 Vanderbilt Beach Road, Device 102. For much more, visit www.stormsmart.com.
About Rotunda Cash Companions
Rotunda Cash Companions is a non-public fairness company that invests equity money in established, reduce center industry corporations. Rotunda associates with administration to make knowledge-pushed expansion platforms within just its targeted sectors, which include price-additional distribution, asset mild logistics and industrial/small business products and services. Founded in 2009, the company has a extended heritage of supporting management groups attain their ambitions for expansion. The Rotunda team actively provides assistance and draws on deep sector and fiscal relationships to contribute to the profitable execution of Rotunda’s companies’ strategic plans. For extra, pay a visit to www.rotundacapital.com.
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Source: Rotunda Funds Companions
Copyright Organization Wire 2021.
PUB: 04/05/2021 10:50 AM/DISC: 04/05/2021 10:51 AM
Copyright Organization Wire 2021.