Kansas City, MO –
TGP Investments, LLC (“TGP”), the manager of private equity
investment fund TGP Capital Partners, LLC (the “Fund”), is pleased to announce that the Fund
has sold DaVinci Roofscapes, LLC (“DaVinci”), to ”) to Royal Building Products, Inc., a
subsidiary of the public company, Westlake Chemical (Ticker: WLK) (“Westlake”).
Based in Lenexa, Kansas, DaVinci (www.DaVinciRoofscapes.com) is a manufacturer and
marketer of composite roofing shingles serving the residential housing market.
DaVinci is established as the leading composite roofing manufacturer in the U.S. with a
differentiated product portfolio offering unmatched authenticity, superior quality and durability,
low maintenance, and lifecycle cost savings compared to traditional materials. DaVinci’s brand
is recognized for unmatched performance, quality, and service. The company has been the
leader in innovation and technical expertise built on 20 years of product and process
development and R&D. The company’s manufacturing facility is the best-in-class, low-cost, and
is vertically integrated.
Shane Parr, TGP Managing Director, stated “We are very pleased with the result of the sale of
DaVinci. We have worked with the management team for over thirteen years to establish a best-
in-class manufacturing facility and a broad product offering of synthetic roofing products. The
growth strategy worked very well and enabled our investors and the management team to realize
tremendous results.”
Kansas City-based TGP Capital Partners, LLC is a private equity investment fund formed to
make middle-market investments in well-managed, profitable, and growing companies. The
Fund prefers to provide growth capital for acquisitions or internal growth or to facilitate liquidity
or a sale event for existing shareholders. TGP Capital Partners makes both control and minority
equity investments in partnership with proven managers in manufacturing and business services
companies with revenues generally between $15 million and $50 million. For more information
about TGP, please visit the website at www.tgpinvestments.com.
