Fi-Foil Company (“Fi-Foil”), a portfolio company of Validor Capital, and a highly-specialized manufacturer of reflective insulation and radiant barriers announced it has acquired Kennedy Insulation Group, significantly expanding its reflective insulation product line.
Kennedy Insulation Group (“Kennedy”), based in Carthage, MO, was established in 2008 by Rick and Chris Kennedy. The company’s exclusive VerSolaTM brand is a multi-layer reflective bubble insulation product. Kennedy manufactures and distributes throughout the southwestern and southeastern United States. The VerSolaTM product is especially noted for its use and performance in metal and post frame building applications.
Bill Lippy, CEO at Fi-Foil stated “We couldn’t have found a better fit for Fi-Foil than Kennedy. Rick has built a great business that is highly complementary to the existing Fi-Foil product line. We feel the combined capabilities of the two companies and their respective teams will enable us to serve our customers more effectively with an expanded U.S. manufactured product line and geographic sales coverage.”
The transaction closed on October 28, 2022. Terms of the transaction were not disclosed.