Who is Our Client?
- With over 35 years in the fiber recovery business, Carolina Precision Fibers is an innovator and market leader in post-consumer recycled fiber products.
- Based in Ronda, North Carolina, Carolina Precision Fibers manufactures cellulose-based insulation for homes, hydromulch for erosion control, and composite materials used in industrial applications.
- The company serves customers in the Northeast, Midwest, Mid-Atlantic, and Southeast regions of the United States.
Why Did Carolina Precision Fibers Hire Nolan?
- Carolina Precision Fibers engaged Nolan to find a buyer based on Nolan’s industry experience and prior success closing deals in the building products industry.
- Additionally, Nolan has maintained a long-time relationship with Advantage Capital, which owned a significant equity stake in Carolina Precision Fibers.
What Value Did Nolan Deliver?
- Nolan’s process delivered Ohio-based Installed Building Products, one of the nation’s largest new residential insulation installers.
- Installed Building Products is a diversified installer of complementary building products, including waterproofing, fire-stopping, fireproofing, garage doors, rain gutters, window blinds, shower doors, closet shelving and mirrors and other products for residential and commercial builders located in the continental United States.
- Installed Building Products manages all aspects of the installation process for its customers, from direct purchase and receipt of materials from national manufacturers to its timely supply of materials to job sites and quality installation.
- Nolan previously advised on the 2019 sale of Premier Building Supply to Installed Building Products.
