US: Element Partners, a growth equity firm focused on investing in businesses providing innovative products, software and services to the energy and industrial markets, has executed a definitive agreement to sell Icynene to FFL Partners.
Established in 1986, Icynene manufactures and supplies spray foam insulation. In the past 25 years, more than 3Bnft2 of Icynene spray foam insulation has been installed in nearly 500,000 residential and commercial projects.