Dallas, TX -- Providence Investment Partners is pleased to announce a debt and equity investment in Spray Equipment and Coatings, Inc. (“SprayEZ”).The financing supported Roebling Capital Partner’s (“Roebling”) strategic investment in SprayEZ to support its continued growth.
SprayEZ is a premier manufacturer and distributor of spray foam insulation rigs, parts and accessories for professional contractors in the construction, HVAC, and plumbing industries. The company has an established track record of providing excellent customer service and offering quality products at affordable prices.
“SprayEZ is a well-established business with a strong reputation for delivering a high level of service and value to its customers. We look forward to working with the management team and Roebling to support the company’s continued growth,” said Kevin Glomb, Partner at Providence.
Keith Carlson, Managing Partner at Roebling, expressed his excitement about collaborating with Providence on SprayEZ. "We are excited to partner with Providence," he said. "Their insights and responsiveness were greatly appreciated. The Providence team communicated effectively and delivered on their promises."
Jay Turner, Partner at Providence, added “It is good to join my former colleague, Keith Carlson, in this investment. I have tremendous respect for his judgment and work ethic.”
Bank of Texas and NewSpring Mezzanine joined Providence in this investment.
About Providence Investment Partners
Providence Investment Partners is a private investment firm based in Dallas, TX that provides creative, flexible and patient capital for lower middle-market companies. Our team partners with independent sponsors, committed funds, and business owners to create shared success in collaboration with experienced management teams. For more information, visit www.providenceip.com.