NEW YORK (July 12, 2012)—Private investment firm Enhanced Capital Partners Inc. has provided $4.4 million financing to spray foam and coatings group Lapolla Industries Inc.
Lapolla will use the funds for working capital to help grow its business further.
Douglas Kramer, Lapolla's president and CEO, said, “We are very pleased with Enhanced Capital further supporting Lapolla's growth and green job creation in Texas over the past seven years.”
Houston, Texas-based Lapolla is a manufacturer of insulation foam and coating products for commercial, industrial and residential uses in the roofing and insulation construction industries.