Articles Tagged with ''private equity''

BILT Exteriors has partnered with Absolute Construction to expand its central U.S. presence, strengthening storm restoration, commercial services, and insurance claims expertise. 

Omnia Exterior Solutions has expanded its footprint in New England by acquiring James & Whitney Co., a residential roofing and exteriors company in Maine and New Hampshire; this is Omnia’s eighth buy in 2024. 

Fortress Investment Group acquired Canadian gypsum and asphalt-shingle equipment maker Gyptech; the investment is hoped to facilitate the company’s global growth.

3MG Solutions secured a significant investment from Bayview Asset Management to accelerate its growth in roofing services, aiming to scale operations toward becoming a national company.

In an unexpected twist, Tecta America, the nation’s largest commercial roofing contractor, may be up for sale after a story broke that its private equity owners are “considering strategic options.” The company’s potential valuation could be as high as $4 billion. 

Sumeru Equity Partners, a private equity firm, has invested $330M in JobNimbus, the Lehi, Utah-based SaaS for roofing contractors, to expand operations and product offerings; the founders and original investor Mainsail Partners will retain equity.

Brava Roof Tile secured investment from Golden Gate Capital to expand production and fuel growth, with its leadership team remaining intact. Terms were not disclosed.