Storm Smart Acquires Steadfast Inc.
Rotunda Capital Partners LLC
Storm Smart, a Rotunda Capital Partners portfolio company and one of the largest storm-protection and lifestyle-enhancement companies in Florida, has acquired Steadfast Inc., the leading hurricane screen and shutter supplier in Palm Beach County. The transaction strengthens the combined businesses’ presence across Florida. Headquartered in Fort Myers, Florida, Storm Smart provides homeowners and businesses with innovative hurricane protection and lifestyle improvement solutions, professional installations, and exceptional customer service. Since their start in 1996, the company has helped more than 90,000 homeowners increase the value of their property by making their homes both safer from storms and more energy efficient. "This acquisition establishes a base from which to expand our service offerings throughout Southeast Florida and aligns with our commitment to protecting our communities through our products, people and services," said Scot Burris, CEO of Storm Smart. "Steadfast has built an excellent reputation and team that we are excited to have join the Storm Smart family and our One Team culture. We believe that engaged team members equate to engaged and delighted customers.” “Our team is excited to strengthen the existing relationship with Storm Smart and for the growth potential this combination unlocks”, said Rene Rayner, Steadfast Vice President. “This partnership will enhance our ability to provide our customers with the highest levels of customer service.” About Storm Smart Storm Smart's innovative and industry-leading solutions have led to the company becoming the largest manufacturer and installer of code-approved hurricane protection products in Florida, with over 90,000 customers in Florida, the Caribbean and Mexico since opening its doors in Fort Myers in 1996. The company has a long list of accomplishments, including being named 2021 Manufacturer of the Year by Lee County Economic Development, Horizon Council and the Horizon Foundation. Storm Smart is headquartered in Fort Myers and has three manufacturing facilities in Lee County. The company also has two showrooms in Southwest Florida, located at 2351 Crystal Drive, Ste 101 in Fort Myers, and in Naples at 2400 Vanderbilt Beach Road, Unit 102, and will be adding a new showroom in North Port late Summer 2022. For more information, visit https://stormsmart.com. About Rotunda Capital Partners Rotunda Capital Partners is an operationally oriented private equity firm focused on transforming family-founder owned companies into dynamic, data-driven platforms able to achieve and manage significant growth. Since its founding in 2009, Rotunda has partnered with management teams to build great businesses within three primary sectors: value-added distribution, asset-light logistics and industrial & business services. Rotunda strives to achieve replicable results by implementing its Rotunda Performance System to create strategic alignment, develop lean processes and create robust, data-driven infrastructures. For more information, visit www.rotundacapital.com. Contact Details Jill Lafferty +1 847-280-1295 jill@rotundacapital.com Company Website https://www.rotundacapital.com
June 08, 2022 09:15 AM Eastern Daylight Time