Tecta America Purchased By Oaktree Capital Management
Mark Gaulin, former Tecta chief operating officer and former NRCA president, has stepped in as interim chief operating officer at Tecta. Gaulin brings tremendous operational strength and knowledge of the roofing business, which combined with the financial restructuring, will position the company to remain a leader within the construction industry. In conjunction with the transaction, chief executive officer at Tecta, Brynne Smith, is no longer with the company.
“Tecta has established itself as the largest commercial roofing company in the nation, and we look forward to the opportunity for even more growth that will be possible with the resources and strategic support of Oaktree Capital,” said Dave Schupmann, senior vice president of sales and marketing at Tecta America. “We are confident that these changes will enhance benefits to our customers, contractors and architects.”
For more information, visit www.tectaamerica.com.