USI Acquires Silver State Specialties

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Oct 30, 2015, 10:02 ET

ST. PAUL, Minn., Oct. 30, 2015 /PRNewswire/ -- USI, a leading national construction services provider of installed insulation and related services to custom and production builders, contractors and homeowners, today announced the acquisition of Silver State Specialties, a North Las Vegas, Nev.-based full-line insulation and specialty services contractor.

Founded in 2005 by Bill Ickes, Silver State Specialties has shown steady growth to become one of the leading providers of construction services to local, regional and national builders in the Las Vegas metroplex. From its North Las Vegas location, the company serves both the residential and commercial markets. Service offerings include fiberglass and cellulose insulation, mirrors and shower doors, garage doors, fireplaces and storefront glass installation services.

Ickes will continue to lead the new USI Silver State and is enthusiastic about the opportunity that the partnership with USI brings "Combining our shared expertise in the insulation and specialties installation business with our focus on service quality leaves me very optimistic about the future," Ickes said.

"This is a high quality, customer-focused business that adds meaningful growth and service offerings to our installation business," said Bill Varner, President and CEO of USI. He added, "Expanding our presence in the greater Las Vegas area is a significant opportunity for us and we expect enhanced value for both our current and future customers."

USI's expansion in Nevada is indicative of the future growth prospects of construction in the region. The acquisition of Silver State Specialties, USI's third acquisition this year, confirms its commitment to grow and meet the needs of its customers. USI's further expansion is fueled by interest from both residential and commercial sectors for construction services such as installed specialties and insulation.

USI has become a leading building solutions provider in the United States by combining local market savvy with outstanding employees, superior technology, and the infrastructure of a national network. USI provides the nation's residential and commercial contractors with a wide range of construction services.

About USI

USI (formerly referred to as United Subcontractors Incorporated) was founded in 1998, and is a leading provider of installation, construction and distribution services to the residential and commercial construction markets. Headquartered in St. Paul, Minn., the company employs more than 1,600 personnel in 40 locations across 13 states. Learn more at www.USIinc.com.

SOURCE USI