FOR IMMEDIATE RELEASE
SprayEZ Announces Strategic Partnership with Roebling Capital Partners to Fuel Expansion
Industry Leader in Spray Foam Rigs and Coatings Set to Scale Nationwide
January 31, 2025 – Yulee, FL & Oklahoma City, OK – Spray Equipment and Coatings, Inc. (“SprayEZ” or “the Company”), a premier manufacturer and distributor of spray foam insulation rigs and supplies, has partnered with Roebling Capital Partners to accelerate growth and innovation. This strategic investment ensures Founder & CEO Fred Akel remains a key owner and partner, while also positioning SprayEZ for nationwide expansion.
Joining Roebling Capital Partners in the transaction are NewSpring Capital and Providence Investment Partners, further validating SprayEZ’s strong market position and future trajectory. Heritage Capital Group advised the sellers, while Taft Law represented the buyers.
Expanding Innovation & Market Reach
Founded in 2013 by Fred and Kibbee Akel, SprayEZ has become a dominant force in the spray foam equipment and coatings industry. With rapid expansion in 2016 into Oklahoma City, OK, the company is now preparing to launch:
- A third location in the Southwest by February 2025;
- A new and significantly expanded aftermarket product line; and
- An expanded distribution of ExpandoThane™, a cutting-edge proprietary roofing and property management solution
Strategic Growth with Roebling Capital Partners
“SprayEZ is exactly the type of business we love partnering with,” said Keith Carlson, Managing Partner at Roebling Capital Partners. “Fred and Kibbee are amazing people, both professionally and personally. They have built an outstanding company with a proven track record. We’re excited to support their vision by scaling operations, expanding geographic reach, and driving sustainable growth.”
Under Roebling’s guidance, SprayEZ will:
- Enhance customer engagement following the purchase of spray foam rigs;
- Strengthen service, parts, and value-added support; and
- Leverage cutting-edge technology, finance, and operational expertise to streamline growth.
A New Era for SprayEZ
Fred Akel, Founder & CEO of SprayEZ, shared his enthusiasm for the partnership: “This is the perfect time to take SprayEZ to the next level. Roebling Capital Partners stood out for their hands-on approach, expertise, and a refreshing level of humility compared to other firms. With their support, we’ll expand our reach and continue delivering the best spray foam equipment, rigs and chemicals in the industry.”
The SprayEZ leadership team remains unchanged, with plans to add key personnel to drive operations and accelerate expansion.
For more information about SprayEZ, visit www.sprayez.com.
About SprayEZ
SprayEZ is a leading manufacturer, assembler, and distributor of spray foam insulation rigs and supplies, providing a full suite of insulation rigs, machines, chemicals, and equipment, including spray guns, transfer pumps, air dryers, hoses, generators, and air compressors. The company also offers training programs, replacement part installation, and equipment repair services to ensure customers receive best-in-class support.
About Roebling Capital Partners
Roebling Capital Partners is a private equity firm that partners with founder-led businesses to drive long-term success through operational enhancements, strategic investments, and hands-on expertise. Leveraging its Roebling Value Add™ toolkit, the firm helps businesses scale efficiently while maintaining their entrepreneurial spirit. Learn more at www.RoeblingCP.com.
Media Contact:
Ana Bojorquez
ana@roeblingcp.com
ABOUT THE AUTHOR
Keith Carlson is Co-founder and Managing Partner at Roebling Capital Partners, a lower-middle-market private equity investment firm.