Advised Vapor Power International, LLC on its recapitalization by Stone Pointe, LLC and management. Vapor Power manufactures boilers, steam generators, thermal fluid heaters and electric boilers for use in industrial, commercial, marine and military boiler applications around the globe. Vapor Power manufactures boilers, steam generators, thermal fluid heaters and electric boilers for use in industrial, commercial, marine and military boiler applications around the globe.

Stone Pointe, LLC is a private investment firm focused on small and meduim sized businesses. It works with privately owned companies to facilitate ownership transitions and provide growth equity capital solutions.

Teamed with Stone Pointe, Vapor Power is well-positioned for additional growth and future success.

Commenting on the transaction, Lee Vandermyde, Managing Partner of Stone Pointe, said, “We are very excited to partner with Vapor Power’s experienced management team led by Bob Forslund. The team has done an excellent job of positioning the company as a market niche leader of steam generators and thermal fluid heaters. We look forward to supporting the future growth of Vapor Power under their leadership.”