ARCXIS Continues to Consolidate, Completing Three Add-on Acquisitions
Briarcliff Manor, NY – August 1, 2022. Saw Mill Capital Partners II, LP and affiliated private equity investment funds managed by Saw Mill Capital LLC (collectively referred to herein as “Saw Mill”) are pleased to announce ARCXIS (fka DPIS Builder Services) has completed five strategic acquisitions in 2022, acquiring iPermit, Jacksonville Building Science, The Energy Rangers, Energy Savers, and Greensmart Solutions.
In April 2022, ARCXIS acquired iPermit, the leading provider of permit expediting and energy testing services to contractors serving the existing home market in California. The acquisition diversifies ARCXIS’ service offering, while also adding scale in California and further entrenching its market leadership position in the western U.S.
ARCXIS continued to execute its acquisition strategy in July 2022, adding Jacksonville Building Science, a provider of design, inspection, and testing services to residential homebuilders in Florida. Shortly after closing on Jacksonville Building Science, ARCXIS acquired again in August 2022, partnering with The Energy Rangers, Energy Savers, and Green Smart Solutions, three affiliated providers of energy ratings and inspections to residential homebuilders in Oklahoma and surrounding markets. These acquisitions expand ARCXIS’ footprint and further establish ARCXIS as the national partner to residential homebuilders across the U.S.
Jonathan Risch, CEO of ARCXIS, commented, “We are excited to continue to demonstrate our ability to partner with companies across the U.S. to help them take their businesses to the next level. Both organically and via acquisition, we have created an integrated, national platform that is best positioned to service the evolving needs of homebuilders, both on a local- and national-level. We are excited to add threse great companies to the ARCXIS family, and we look forward to leveraging their expertise to continue to deliver outsized value to our customers.”
Scott Rivard, a partner at Saw Mill, remarked, “The ARCXIS team continues to impress. ARCXIS has demonstrated a compelling combination of organic and acquisitive growth since our initial partnership was consummated in 2019. ARCXIS has evolved from a regional leader into a national platform with unmatched scale. ARCXIS is a unique business, and we believe these recent acquisitions further prove its position as the leader in its market.”
Saw Mill is committed to helping its portfolio companies achieve their full growth potential, both organically and through strategic acquisitions. All of Saw Mill’s Fund II portfolio investments, including ARCXIS, are actively seeking acquisitions.
ABOUT ARCXIS
Headquartered in Houston, TX, ARCXIS (fka DPIS Builder Services) is the leading, national provider of outsourced engineering, inspection, energy efficiency, and quality assurance services to single-family and multi-family homebuilders, and energy inspections and permitting services to existing homes. ARCXIS provides a comprehensive, turnkey service offering, maintaining an active role throughout all stages of the construction process, in addition to serving existing properties. For more information, please visit www.arcxis.com.
ABOUT SAW MILL CAPITAL
Based in Briarcliff Manor, NY, Saw Mill Capital is a private equity firm that acquires facility and industrial service, specialty distribution and manufacturing businesses with enterprise values of $25 million to $200 million. Since 1997, Saw Mill Capital has been partnering with management teams to help successful businesses reach their full potential. For more information, visit www.sawmillcapital.com.