Wynnchurch Capital Acquires Insulation Corporation of America
January 6, 2021
Wynnchurch Capital has acquired Insulation Corporation of America (ICA), an Allentown, Pennsylvania-based manufacturer of expanded polystyrene (EPS) foam products. ICA will be combined under a single platform with Wynnchurch portfolio companies Drew Foam Companies, Inc. and Huntington Foam, LLC to expand the platform’s geographic reach and product capabilities in the Northeast U.S.
- Buyers
- Wynnchurch Capital, L.P.
- Targets
- Insulation Corporation of America
- Platforms
- Drew Foam Companies, Inc., Huntington Foam, LLC
- Industry
- Manufacturing
- Location
- Pennsylvania, United States
- Transaction Type
- Addon
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Wynnchurch Capital Acquires Drew Foam Companies
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Wynnchurch Capital has acquired Drew Foam Companies, a Monticello, Arkansas–based manufacturer of expanded polystyrene (EPS) products, from Branford Castle Partners. Drew operates multiple manufacturing facilities across the Southeast U.S. serving packaging, building products and OEM end markets; terms were not disclosed and Wynnchurch intends to support the company's organic and inorganic growth.
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