The new portfolio of residential roofing and exterior building concerns seeks rapid expansion with the announcement of its first ‘exclusive partner’ company, Hoffman Weber.
CCMP Growth Advisors, LP, a private equity firm, is the latest player to enter the roofing space after establishing Omnia Exterior Solutions. The new concern will be led by industry vet Jim Ziminski, formerly of Able Roofing and Mr. Roof. Omnia’s first acquisition partner is Hoffman Weber Construction, based in Minneapolis, Minn.
Solar Integrated Roofing Corp., a solar power, roofing and EV charging systems provider for commercial and residential properties, announced on May 25 that it had executed a binding Letter of Commitment with Tribeca Energy.
Morgan Stanley Capital Partners bets big on roofing as it acquires Allstar Services of Minneapolis, Minn., and plans to scale the residential roofing concern into a national player.
Flush with private equity cash, roofing and exterior services concern Infinity Home Services added two more regional roofing partners to its stable of brands, furthering its national reach.
Erie Home of Toledo, Oh., recently named Jenilee Common its new CEO and elevated founder Par Trompeter to board chairman. Erie is a national re-roofing and residential remodeling concern.
New York-based Patuxent Roofing & Contracting, Inc., a provider of reroofing installation and services, announced the acquisition of Austin, Texas-based L.D. Tebben Company.
If your company is successful, has a strong local or regional market share, is growing and has a great team, then you are a target for private equity firms.