R.L. James (Hidden Harbor Capital Partners) Acquires Blanchard Caulking & Coating

Hidden Harbor Capital Partners Acquires R.L. James Inc.

January 18, 2024

Construction

Hidden Harbor Capital Partners has acquired R.L. James Inc., a Fort Myers-based provider of exterior restoration and remediation services, in a transaction that closed December 15, 2023. The investment positions Hidden Harbor to scale RL James' operations across Southwest and Central Florida while providing an ownership transition for founder Bob James.

R.L. James (Hidden Harbor Portfolio Company) Acquires Commercial Plastering USA, LLC

September 23, 2025

Construction

R.L. James, a portfolio company of Hidden Harbor Capital Partners, has acquired Commercial Plastering USA, LLC, a Bradenton, Florida-based provider of plastering, exterior finishes, and drywall services. The add-on expands RL James' service capabilities and geographic footprint into Southwest Florida; founder William (“Billy”) Rice will remain with the business. Financing was provided by First Eagle Alternative Credit.

Mangrove Equity Partners Invests in A&R Sealcoating, Inc.

September 6, 2024

Construction

Mangrove Equity Partners has made a minority/growth investment in A&R Sealcoating, Inc., a Southeast Michigan provider of pavement repair and maintenance services. Founder Rocky Ricelli remains a significant owner and will continue to lead the business as Mangrove supports growth, organizational buildout and pursuit of add-on acquisitions.

The Waterproofing Company Acquires Phoenix Bay State Construction Company, Inc.

January 5, 2023

Construction

The Waterproofing Company, a long-established waterproofing and restoration contractor, has acquired Phoenix Bay State Construction Company, Inc., a nearly 50-year-old New England masonry construction and restoration firm based in Boston, Massachusetts. The acquisition expands The Waterproofing Company's masonry and restoration capabilities and positions the combined organization to pursue additional regional growth opportunities.

Beacon Acquires Coastal Construction Products

November 1, 2022

Building Products

Beacon (Nasdaq: BECN) has acquired Jacksonville, Florida-based Coastal Construction Products from Supply Chain Equity Partners and members of Coastal's current and prior management. The acquisition creates a nationwide specialty waterproofing division, expanding Beacon's coast-to-coast footprint and adding Coastal's 18 waterproofing locations and over 200 employees to Beacon's operations.

Hidden Harbor Capital Partners Invests in McHale & McHale Landscape Design, LLC

July 16, 2025

Environmental Services

Hidden Harbor Capital Partners made a strategic investment in McHale & McHale Landscape Design, LLC, a residential landscaping firm headquartered in Upper Marlboro, Maryland. The acquisition closed July 16, 2025; founders Kevin and Steve McHale remain invested and active while Hidden Harbor will support the company’s continued growth across the DC, Maryland and Virginia markets.