New State Capital Partners Acquires Patuxent Roofing & Contracting Inc.
LARCHMONT, N.Y. — New State Capital Partners announced it acquired a majority stake in Patuxent Roofing & Contracting, Inc., a leading independent provider of reroofing installation and services.
New State is partnering with current owner and CEO Mike Gowl, who will remain with the company and retain a significant equity stake. Terms of the transaction were not disclosed.