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May 6, 2021 Share Print
DPIS, a Saw Mill Company, Continues to Acquire

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.

 

About DPIS Builder Services

Headquartered in Houston, TX, DPIS offers a full range of inspection, design, engineering, and quality assurance services, primarily to residential homebuilders. DPIS acquired the Ei Companies in 2020, and structural engineers PTS & USC and the Ensign Building Solutions Home Energy Division in 2021, making the combined company the largest provider of energy inspections and other builder services in the United States. Today as one company, DPIS services the needs of the construction industry in half of the US states spanning from the Atlantic to the Pacific. DPIS will continue to grow through a series of organic initiatives and acquisitions to solidify the company’s position as the leading builder services company in the United States. For more information, please visit www.dpis.com.

 

About Saw Mill Capital

Based in Briarcliff Manor, NY, Saw Mill Capital is a private equity firm that acquires business 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.