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Saw Mill Capital announces acquisition of DPIS Builder Services

New York-based private equity firm Saw Mill Capital LLC agreed to acquire outsourced building services provider DPIS Builder Services.

The acquisition, terms of which have not been disclosed, will be the sixth made by Saw Mill Capital Partners II LP and will be made in conjunction with affiliated funds managed by the firm.

DPIS Builder Services is headquartered in Houston and is a multi-regional provider of outsourced engineering, inspection, energy efficiency and quality assurance services to single-family homebuilders.

Saw Mill Capital Partners II closed at $340 million in 2017. It specializes in buyout, mature, industry consolidation and recapitalization investments in the middle market.