Articles Tagged with ''private equity''

Generational Equity facilitated the sale of Rogers Roofing, Inc., a Hammond, Ind.-based home roofing and remodeling company, to Vertex Service Partners, an Alpine Investors portfolio company; specific terms undisclosed, and the deal closed last April.

Roofing innovation: NanoTech Inc, a material science company pioneering a category of climate-resilient materials that enable environmental responsibility without sacrificing financial return, brings on multiple investors in an oversubscribed funding round to combat peak heat in the last weeks of summer.  

Residential and commercial roofing firms enjoyed a banner year in 2022, as reflected in RC's 2023 Top 100 List, including Tecta America and CentiMark Corporation, which each reported record revenues; other entrants made their presence known quickly courtesy of private equity, including Erie Home and Infinity Home Services.  

This will be the second company added to Omnia Exterior Solutions’ portfolio, which launched in June 2023 with a partnership with Hoffman Weber in Minneapolis. 

Northpoint Roofing Systems, a national roofing contractor portfolio concern, opened its newest location in Chattanooga, Tenn., and has offered potential customers free drone roof inspections.  

The new roofing platform will focus on residential reroofing, predominantly on insurance-claim demand.

Northpoint Roofing Systems, a private equity-backed portfolio company based in Woodstock, Ga., announced the acquisition of Cardinal Roofing of Birmingham, Ala., marking the venture’s third purchase of a roofing concern this year.

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. 

Northpoint Roofing Systems expands its footprint into Connecticut and Florida with the acquisition of Rising Star Roofing.