In October 2000, MCP sponsored a recapitalization of Service Partners, LLC,
the largest distributor of residential fiberglass insulation and related contractor accessories in North America and a leading multi-branch insulation installer. Service Partners has led and benefited from the shift in the insulation industry towards specialty distribution, attributable to value-added services which only distributors are capable of providing to insulation contractors. Service Partners has grown rapidly, to over $400 million of sales, due to this channel shift and through an aggressive and disciplined acquisition strategy, consummating 26 acquisitions since 1998. MCP's partners in this investment include Service Partners' senior management and Quad–C Management, a Virginia-based
private investment firm.
After less than two years of ownership, Service Partners was acquired by Masco Corporation
in September 2002.