Lapolla Industries Receives $4.4M financing from Enhanced Capital Partners

Lapolla Industries, Inc. (OTC BB: LPAD), a Houston, TX-based manufacturer and supplier of insulation foam, coatings, and equipment, has received a $4.4m financing from Enhanced Capital Partners, Inc.

The company intends to use the proceeds from the investment, which was made through two of its state-focused funds, Enhanced Capital Texas Fund, LP and Enhanced Jobs for Texas Fund, LLC, for working capital to advance the growth of its business.

Led by Douglas Kramer, Lapolla’s President & CEO, Lapolla Industries is a manufacturer of insulation foam and coating products focused on commercial, industrial and residential applications in the insulation and construction industries.

FinSMEs

12/07/2012

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