DalFort Capital Partners completes sale of United Enertech to Soler & Palau Ventilation

DalFort Capital Partners (“DFCP”), a Dallas-based investment firm specializing in lower middle market partnerships, has successfully concluded the sale of its portfolio company, United Enertech, to Soler & Palau Ventilation, Inc. (“S&P”). United Enertech, headquartered in Chattanooga, Tennessee, is recognized for its leading role in the design, development, and manufacturing of air movement and control products. The transaction marks a significant milestone in the company’s expansion and growth since DFCP’s initial investment in December 2016.

Under DFCP’s stewardship, United Enertech has seen considerable growth through four strategic add-on acquisitions, enhancing its product offerings and market presence significantly. Its extensive product line includes dampers, louvers, roof curbs and rails, sunshades, grilles/diffusers, access doors, and ventilators, serving primarily the commercial, industrial, and power generation markets.

Ken Trent, a board member of United Enertech and director at DFCP, commented on the sale, expressing enthusiasm for the team’s future under new ownership: “We have enjoyed our journey with United Enertech and are excited for the team as they join S&P. This remarkable outcome is a testament to the United Enertech team and DalFort’s strategy of partnering with business owners and their operating teams to build exceptional companies.” This sale is indicative of DalFort’s targeted approach to fostering operational improvements and pursuing acquisitions that expand market reach and enhance customer relationships.

In the process of the transaction, United Enertech was advised by Lazard and FTI Consulting for financial matters, while legal advice was provided by Spencer Fane, LLP, and Stinson, LLP. The expert guidance from these advisors was crucial in navigating the complexities of the sale and ensuring a smooth transition.

DalFort Capital Partners remains committed to its mission of collaborating with entrepreneurs and management teams to strengthen strategic and financial positions through careful market analysis and operational enhancements. This transaction exemplifies DalFort’s ability to execute strategic add-ons that significantly benefit their portfolio companies and stakeholders.