Building Industry Partners Portfolio Company, U.S. Fence Solutions, Completes Sale of Ideal Fencing Corp. to Soil Nail Holdings

The building industry-focused investment firm, Building Industry Partners LLC (BIP), has announced that its portfolio company, U.S. Fence Solutions Company, LLC (U.S. Fence), has successfully sold Ideal Fencing Corp. to Soil Nail Holdings (SNH). SNH, an investment platform affiliated with private equity firm KKR, focuses on leading commercial contractors in North America. This sale marks another milestone for U.S. Fence Solutions as it continues to grow its residential and commercial fencing installation business.

Ideal Fencing Corp., founded in 1982 and based in Erie, Colorado, specializes in fabricating and installing highway and bridge guardrails, commercial chain-link, and iron fencing. Since its acquisition by U.S. Fence in 2017, Ideal has become the largest guardrail fabricator and installer in Colorado, serving the state's Front Range and beyond. The company has a strong track record of delivering quality solutions in a timely and safe manner, making it a preferred partner for highway/transit authorities, government agencies, infrastructure contractors, and commercial/industrial contractors and developers.

Matt Bockelmann, President of Ideal Fencing Corp., expressed pride in the business they have built over the years and excitement for the future partnership with SNH. He also thanked BIP for their successful partnership since 2017. Zach Coopersmith, Strategic Advisor at Building Industry Partners, commended Ideal's management team and employees for their dedication and highlighted the growth achieved during BIP's ownership.

Building Industry Partners' Founder and Managing Partner, Matt Ogden, described Ideal as an exceptional investment and praised the Bockelmann family and Ideal's team as top-tier partners. Ogden emphasized the importance of the strong relationship between BIP and Ideal in achieving mutual success.

With the sale of Ideal Fencing Corp., U.S. Fence Solutions will now focus on expanding its residential and commercial fencing installation business at Split Rail Fence in the Front Range of Colorado. This move demonstrates the company's commitment to growth and meeting the needs of its customers.

The transaction was facilitated by FMI Capital Advisors and Holland & Knight, serving as financial advisor and legal counsel, respectively, for U.S. Fence Solutions.

Building Industry Partners (BIP) is a private equity investment firm specializing in the U.S. building industry. Founded by Matt Ogden in 2008, BIP has played a pivotal role in co-founding or being the first equity sponsor of various successful businesses in the building industry's middle market. The firm is dedicated to building exceptional and enduring businesses, generating world-class investment returns, and contributing to the development of the building industry and its workforce through people-focused investment and business principles. BIP continues to seek opportunities to support talented individuals in realizing their entrepreneurial visions and fostering shared prosperity among shareholders, management, and the broader workforce.

In summary, the completion of the sale of Ideal Fencing Corp. to Soil Nail Holdings represents another milestone for U.S. Fence Solutions, allowing the company to focus on expanding its residential and commercial fencing installation business. Building Industry Partners continues to be a key player in the building industry, supporting visionary entrepreneurs and contributing to the growth and prosperity of the industry as a whole.