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Home » private equity

Articles Tagged with ''private equity''

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Investment News

Everberg Capital Finances Formation of SMC Roofing

Roofing Contractor
Roofing Contractor Staff
December 1, 2023
No Comments

SMC Roofing Solutions is a multi-regional, residential reroofing services platform focused predominantly on insurance-claim demand relating to windstorm and hail damage. 


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O’Donnell Metal Deck Buys Tombari Structural Products and Metal Deck Direct
Distribution News

O’Donnell Metal Deck Acquires Tombari Structural Products and Metal Deck Direct

Maryland-based company snaps up complementary companies expanding its footprint into the Pacific Northwest and Mid-Atlantic regions
Roofing Contractor
Roofing Contractor Staff
November 23, 2023
No Comments

O'Donnell Metal Deck expands its reach with the acquisition of Tombari Structural Products and Metal Deck Direct, strengthening its presence in the Pacific Northwest and Mid-Atlantic regions.


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Private Equity

Garnett Station Partners Launches New Residential and Commercial Services Platform

'FirstRidge Service Partners' becomes the newest portfolio firm to enter the increasingly consolidated market with the acquisition of Ashton McGee Restoration Group
Roofing Contractor
Roofing Contractor Staff
November 14, 2023
No Comments

Private equity firm Garnett Station Partners launched FirstRidge Service Partners, a platform focused on roofing and exterior services, partnering with Ashton McGee Restoration Group of Minnesota as its first acquisition. 


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Roofing Acquisitions

Roofed Right America Acquires New York Contractor Upstate Roofing & Painting

Roofing Contractor
Roofing Contractor Staff
November 6, 2023
No Comments

Upstate Roofing, which celebrates its 50th anniversary this year and has been led by President Bob Morgan since 2016, is RRA's first acquisition.


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Private Equity

LB Capital Executes ‘Triple’ Roll-Up Roofing Contractor Consolidation

Entrepreneur acquires three family-owned firms to compete in competitive Northeast market
Roofing Contractor
Roofing Contractor Staff
October 30, 2023
No Comments

Bristol, Pa.-based LB Capital recently unified three family-owned roofing firms, including Munz Roofing and Siding, Jim Rhubart Roofing, and Only the Best Builder, into a new entity, solidifying its presence in the competitive Northeast market.


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Private Equity

Six Pillars Forms Partnership with Royalty Roofing, Majestic Facility Experts

Roofing Contractor
Roofing Contractor Staff
October 25, 2023
No Comments

Texas-based private equity firm Six Pillars Partners has recapitalized Royalty Roofing and its sister company, Majestic Facility Experts to support their collective growth.


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Venture Capital: Technology

Roofr Raises $23.5M in Series A+ Funding Round

Cash infusion will ‘accelerate the development and launch’ of groundbreaking roofing solutions
Roofing Contractor
Roofing Contractor Staff
October 20, 2023
One Comment

Roofr, a roofing technology company, raised $23.5 million in funding led by Vertical Venture Partners, with participation from ABC Supply Co. and other investors.  


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Merger and Acquisition News

US LBM, Bain Capital Welcome Platinum Equities as New Partner

Along with existing shareholder Bain Capital, a second private equity firm secures stake in building supplies distributor
Roofing Contractor
Roofing Contractor Staff
October 17, 2023
No Comments

US LBM announced a definitive agreement for Platinum Equity to acquire a stake in the company from its current private equity partner, Bain Capital Private Equity, with both parties having equal ownership stakes and joint board governance. 


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Private Equity and the Target on Roofers
Economic Indicators

VIDEO: When is the Right Time to Sell your Roofing Company?

Roofing Contractor
Roofing Contractor Staff
September 22, 2023
No Comments
In this brief video, RC Legal Insights expert Trent Cotney breaks down when roofing contractors should know when it’s the right time to sell.
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Manufacturing Leadership News

ICP Group Names Jay Doubman as President and CEO

Leader brings more than 30 years of experience in the industrial, chemicals, and building products industries
Roofing Contractor
Roofing Contractor Staff
September 21, 2023
No Comments

ICP Group appointed Jay Doubman as its new president and CEO, with his focus on driving revenue growth and profitability within the specialty coatings industry.


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