Briarcliff Manor, New York – May 6, 2021. 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 that DPIS Builder Services (“DPIS” or the “Company”), a Saw Mill portfolio company, has successfully acquired three businesses in the first half of 2021.
First, DPIS acquired Post-Tension Solutions of Texas (“PTS”) and United Structural Consultants (“USC”) in February 2021. PTS & USC are headquartered in Texas and provide structural engineering and inspection services to single-family and multi-family customers across the South and Southwest. The addition of PTS & USC to DPIS’ portfolio of companies enhances the Company’s market presence in both structural engineering and quality inspections, further solidifying DPIS' role as a single-source solution provider for homebuilders nationwide.
DPIS maintained its acquisition momentum in Q2 2021, acquiring the Home Energy Division of Ensign Building Solutions (“Ensign”) in April 2021. Ensign is a Georgia-based provider of construction, remediation, and inspection services in the Southeast. The Home Energy Division of Ensign is a certified provider of HERS ratings, quality assurance and energy inspections, and related energy program services. The acquisition adds additional capabilities and scale to DPIS' existing Southeast operations, positioning the Company for accelerated growth in this market.
Regarding the recent acquisition activity, Jonathan Risch, CEO of DPIS, commented, “the acquisitions of PTS, USC and the energy capabilities of Ensign significantly advance our vision of becoming the premier third-party builder services firm for single- and multi-family home builders on a national basis.”
“DPIS has now completed four strategic acquisitions in partnership with Saw Mill Capital,” added Scott Rivard, Partner at Saw Mill Capital. “We look forward to leveraging the acquired capabilities to further enhance DPIS’ market leadership position.”
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 DPIS, are actively seeking acquisitions.