Silvercote, LLC
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Silvercote, LLC - overview
Established
1934
Location
Greenville, SC, US
Primary Industry
Electronics
About
Silvercote, LLC specializes in delivering tailored insulation solutions for diverse markets, including residential, agricultural, and commercial sectors, focusing on enhancing energy efficiency and comfort. Founded in 1934 in Greenville, US, Silvercote, LLC provides insulation solutions across various sectors. The company was acquired by Distribution International, Inc. from Knauf Insulation, Inc.
in June 2019. Additionally, the founder's history and previous ventures are not available. Silvercote specializes in providing tailored insulation solutions that serve a variety of sectors, including metal buildings, pole barns, residential spaces, and agricultural facilities. Their core product offerings focus on high-quality insulation materials designed to enhance energy efficiency and create comfortable environments.
For over 80 years, Silvercote has partnered with a diverse client base that includes building professionals, contractors, and end-users such as homeowners and agricultural operators. The company's products are designed to optimize living conditions while reducing energy costs, catering to markets across the United States, including areas with significant agricultural activity and urban development. By addressing specific insulation needs, Silvercote differentiates itself through customized solutions that align with the unique requirements of each project. Silvercote operates within a structured revenue model that emphasizes B2B transactions, primarily focusing on partnerships with contractors and distributors.
The company sells its insulation products directly to building professionals and through online platforms such as iQ Web, where customers can obtain precise quotes and purchase materials. The transaction structure includes direct sales and wholesale arrangements, allowing for flexibility in pricing and distribution. While specific pricing details for their flagship products are not disclosed, the company’s offerings are positioned to meet the varying needs of both commercial and residential clients, ensuring a steady revenue stream from both new projects and ongoing partnerships. Silvercote's affiliation with Service Partners further enhances its market reach, solidifying its position as a key player in the insulation industry.
In June 2019, Distribution International, Inc. , a portfolio company of Silvercote, LLC, acquired Silvercote, LLC from Knauf Insulation, Inc. Recent funding from this acquisition will be directed towards developing new insulation products and expanding Silvercote's market reach into untapped regions across the United States. The company aims to implement these growth strategies by 2023, focusing on enhancing product offerings and exploring new geographic markets.
Current Investors
Distribution International, Inc.
Primary Industry
Electronics
Sub Industries
Electronic Coils & Transformers
Website
www.silvercote.com
Verticals
Manufacturing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Silvercote, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Silvercote, LLC | - |
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