Dunes Point Capital Expands Portfolio with Acquisition of Greenwood Industries

Dunes Point Capital Acquires Greenwood Industries

In a significant move to bolster its portfolio, Dunes Point Capital, LP (DPC) has announced the acquisition of Greenwood Industries, LLC, a prominent player in the commercial roofing and building envelope sector. The acquisition, revealed on May 8, 2025, strengthens DPC’s investment strategy within the general industrial services market, signaling its commitment to expanding its footprint in this vital industry.

About Greenwood Industries

Headquartered in Worcester, Massachusetts, Greenwood Industries has established itself as a market leader, offering comprehensive aftermarket commercial roofing solutions and building envelope services. The company serves a variety of end markets through its vast operational network that spans across several northeastern states including Massachusetts, Connecticut, Rhode Island, New Hampshire, and New York. With 11 strategically located facilities and a workforce of approximately 800 employees, Greenwood is well-positioned to address the increasing demand for quality roofing services in the region.

Financial Details of the Acquisition

Dunes Point Capital provided the controlling equity for this acquisition, while the debt financing was secured through Adams Street Partners, which acted as the Lead Arranger and Administrative Agent, as well as StepStone Group. The investment marks an important milestone for DPC, as it seeks to invest in enterprises capable of achieving substantial growth.

Legal advisory for the transaction was managed by Kirkland & Ellis LLP, with financial consultations provided by Alvarez & Marsal Global Transaction Advisory Group. Greenwood Industries was supported in its advisory needs by Deloitte Corporate Finance LLC.

Dunes Point Capital: A Closer Look

Founded as a family office, Dunes Point Capital is based in Rye, New York, and focuses on making control investments in companies within the general industrial and business services sectors. The firm actively seeks out companies with enterprise values of up to $1 billion, demonstrating its dedication to promoting growth in the industries it invests in.

Through its acquisition of Greenwood, DPC aims to leverage the company’s strong existing market position and enhance its service offerings further. Greenwood’s dedication to quality and customer satisfaction aligns perfectly with the investment philosophy of Dunes Point Capital, emphasizing long-term value creation.

The Future Outlook

The acquisition is expected to provide mutual benefits, with Greenwood gaining the necessary resources and expertise from DPC to scale operations and innovate within the roofing sector. As the demand for commercial roofing solutions continues to rise, celebrated both for their functionality and sustainability, Greenwood Industries is positioned to thrive in this evolving market landscape.

This acquisition not only represents a strategic enhancement to the Dunes Point portfolio but also signifies an exciting growth trajectory for Greenwood Industries, which has been making strides in establishing itself as a cornerstone in the roofing service sector.

For more information about Greenwood Industries and its services, interested parties are encouraged to visit their official website at greenwoodindustries.com.

Dunes Point Capital is poised to support Greenwood in navigating the growth opportunities ahead, continuing its tradition of fostering innovative and resilient businesses. With the combined strengths of both organizations, the partnership is destined to lead to enhanced operational excellence and sustained industry leadership in the roofing domain.