Acquisition News
Ridgeline Roofing Buys Brody Allen Exteriors
Portfolio platform makes third acquisition following purchase of Mississippi-based Pro Shield last month
Ridgeline Roofing & Restoration continues its expansion, acquiring St. Louis-based Brody Allen Exteriors to strengthen its Midwest presence. Backed by Bertram Capital, Ridgeline aims to enhance growth through digital marketing, data tracking, and sales integration.
— Image courtesy of Brody Allen Exteriors
Birmingham, Ala.-based Ridgeline Roofing & Restoration, a residential and commercial roofing solutions firm, has acquired Brody Allen Exteriors, a roofing contractor outfit servicing the St. Louis metropolitan area.
Ridgeline is a portfolio platform backed by Bertram Capital, and the acquisition of Brody Allen follows its announced purchase of Mississippi-based Pro Shield last month. Terms of the transaction were not disclosed.
In a news release, Ridgeline stated that Brody Allen Exteriors, founded by Stephen Maassen, has established itself as a professional and trustworthy residential and commercial roofing service provider in the broader St. Louis area.
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The company offers various services, including roof repairs and replacements, siding, and gutter solutions. Ridgeline said it plans to extend Brody Allen Exteriors' brand presence in Lake Saint Louis, Mo., and the broader Saint Louis area.
"We are excited to partner with the Brody Allen team and see a meaningful opportunity to leverage their sales capabilities and our in-house technology team, Bertram Labs, to accelerate growth through improved data tracking and enhanced digital marketing," said Tom Beerle, partner at Bertram Capital.
"Roofing remains a highly fragmented category with a clear need for digital adoption, which continues to prove attractive for Bertram's unique capabilities," he added.
The transaction marks Ridgeline's third acquisition, further expanding its presence into the Midwest.
"We are thrilled to partner with Stephen and his team to expand Brody Allen's capabilities in Missouri and Illinois," said Chris Baldus, Ridgeline's CEO.
"Stephen has assembled a fantastic team at Brody Allen; our partnership with Brody Allen will focus on accelerating growth while continuing to provide excellent service to homeowners," he added.
Meritage Partners, a multi-disciplined mergers and acquisitions advisory firm based in Newport Beach, Calif., advised Brody Allen on the transaction, serving the lower-middle market.
"Ridgeline shares our commitment to our employees and our customers," said Brody Allen’s Maassen. "We were excited to find a like-minded partner to collectively pursue the opportunity for Brody Allen to expand throughout the Midwest."
For more information, visit ridgeline-roofing.com.
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