Little Rock, Arkansas – June 26, 2019. Sound Seal Holdings, Inc. (“Sound Seal”), a portfolio company of The Stephens Group, LLC (“The Stephens Group”) and leading manufacturer of noise control products, announced today that it has acquired Illinois-based Noise Barriers, LLC. Noise Barriers will operate as a stand-alone division of Sound Seal. Through the Sound Seal acquisition, Noise Barriers will have access to capital to build on their broad portfolio of proven acoustical products, take customer service and quality to the next level and fully support the outstanding network of Noise Barriers sales reps and distributors.
“We are thrilled to add Noise Barriers to the Sound Seal portfolio of companies,” said Joe Lupone, CEO of Sound Seal. “With this acquisition, Sound Seal is able to expand our product portfolio and overall reach in to the noise control market through the addition of established brands and sales channel partners. This is in direct alignment with our core objective, which is to continue to strengthen and develop our presence in the noise control space, therefore allowing us the opportunity to better serve the acoustical market and the needs of its influencers.”
Clay Hunter, a Managing Director at The Stephens Group added, “We are pleased to support the Sound Seal team as they continue building the premier noise control platform in the industry. A key tenant of our approach is to help our businesses grow through thoughtful strategic initiatives such as this. Noise Barriers is an excellent business and a perfect fit with Sound Seal, and we are delighted to include their employees, customers and channel partners as a part of our family.”
Steve Mitchell, the founder of Noise Barriers, will remain on board in a strategic position as an advisor to Joe Lupone and actively involved in the training of channel partners and new product development. Additionally, a host of talented Noise Barrier employees will remain under the leadership of Mark Campbell who will continue in the capacity of President of Noise Barriers and John Finnegan as National Sales Manager. “Noise Barriers has been a major player in the acoustical space since 2003,” said Steve Mitchell, founder of Noise Barriers. “I am both proud and enthusiastic for the future of Noise Barriers as it moves on to become a Division of Sound Seal. Noise Barriers and its channel partners stand to benefit from the deep bench of operational and marketing expertise that will come with this acquisition. Sound Seal and their leadership team understand and respect the value in preserving the Noise Barriers name and legacy and I am looking forward to remaining on the team to help further build upon that for many years to come.”
ABOUT SOUND SEAL
Based in Agawam, Massachusetts, Sound Seal is a leading manufacturer of acoustical noise control solutions, offering the widest product selection in the industry with innovative solutions and outstanding customer service. Sound Seal’s highly engineered products include soundproof doors and windows, noise curtains and barriers, fabric wrapped wall panels, enclosures, specialized floor underlayments and the award winning line of WoodTrends wall and ceiling panels. IAC Acoustics, a division of Sound Seal, is the leading developer and manufacturer of metal HVAC silencers, acoustic louvers, metal soundproof enclosures and highly engineered sound control doors and windows.
ABOUT THE STEPHENS GROUP, LLC
The Stephens Group, LLC is a private investment firm that partners with talented management teams to help build valuable businesses. Backed by the resources of the Stephens family, The Stephens Group has a long history of providing sophisticated, strategic expertise and taking a partnership approach to help companies successfully achieve their strategic visions and build long-term value. With over $1.5 billion invested since 2006, The Stephens Group targets investments in industries across the U.S., including industrial and commercial products and services, specialty distribution, B2B food and consumer products, and technology infrastructure and tech-enabled services, as well as select opportunistic situations.
Ronald M. Clark
The Stephens Group, LLC