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Home » Topics » Roofing News

Roofing News
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Canada’s VersaBank announced it had partnered with Watercress Financial Group LLC.
Finance Partnership

Versabank Partners with Watercress Financial on Purchase Program

Canadian bank will help fund consumer loan originations
Roofing Contractor
Roofing Contractor Staff
February 5, 2025
One Comment

VersaBank partners with Watercress Financial to fund U.S. home improvement loans through its Receivable Purchase Program, expanding its proven digital funding model.


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A report from Brown Gibbons Lang & Company projects the U.S. roofing market will grow at an annual rate of 4.5% through 2030.
Economic Indicators

New Report Says Roofing Poised for Growth if Contractors Adapt to Shifting Trends

Analysis says growth continues, but contractors must adapt to changing industry dynamics to stay competitive
Bryan Gottlieb
Bryan Gottlieb
February 4, 2025
No Comments

A new report by investment bank Brown Gibbons Lang & Company says the U.S. roofing market is projected to grow 4.5% annually through 2030; drivers include non-discretionary re-roofing, rising material costs, sustainability, and industry consolidation.


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Trade-War-(3).jpg
The Economy

Can Roofing Survive Unscathed In The Coming Trade War? UPDATE: Trump Cuts 'Last-Minute' Deals with Both Mexico and Canada, Agrees to One-Month Pause

As of Feb. 4, goods from Canada and China will be levied tariffs ranging from 10% to 25%, with a limited carve-out for energy
Bryan Gottlieb
Bryan Gottlieb
February 3, 2025
No Comments

President Trump announced a one-month pause on tariffs against Mexican imports after speaking with Mexico's President Claudia Sheinbaum; tariffs on all imports from Canada and China remain in place and are set to take effect Feb. 4. The tariffs still can affect costs in roofing and construction.


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PIMA released its Q4 2024 Market Index Survey for Reroofing.
Economic Indicators

Reroofing Market Holds Steady in Q4 2024

Amid rising costs and supply chain struggles, roofing contractors continue to muscle through
Bryan Gottlieb
Bryan Gottlieb
February 3, 2025
No Comments

PIMA’s Q4 2024 Reroofing Market Index shows steady demand but rising costs and supply chain issues. With slowing growth, regional disparities, and softening inquiries, contractors face a cautious 2025.


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Texas Traditions Roofing named Conner Guthrie (pictured) its new chief financial officer.
Leadership News

Texas Traditions Roofing Names Connor Guthrie Chief Financial Officer

Roofing Contractor
Roofing Contractor Staff
January 30, 2025
No Comments

Texas Traditions Roofing named Connor Guthrie its new CFO. With a finance background and five years at the company, he plans to drive growth and ensure financial stability.


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Ango released its 2024 State of Home Spending report, offering insights for roofing pros.
News Analysis

What Consumers Think About Roofing? Angi Homeowner Report Offers Clues

Roofing scams, storm chasers, and demands for upfront payments, along with poor workmanship, are the top complaints, but it’s not all bad
Bryan Gottlieb
Bryan Gottlieb
January 28, 2025
2 Comments

Angi’s 2024 report reveals homeowners find roofing contractors essential yet costly, with trust issues, including contractor reliability and workmanship, persistent; but it’s not all bad.


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Astara Capital Partners launches new roofing portfolio platform.
Private Equity

Astara Capital Partners Forms Unified Service Partners Platform

New portfolio welcomes three brands, one Fla.-based and two in Texas, into the organization
Roofing Contractor
Roofing Contractor Staff
January 28, 2025
No Comments

Astara Capital Partners formed Unified Service Partners, a newly formed roofing platform that has invested in Level Roofing, Envision Roofing and Pappas Roofing, and is poised for nationwide growth.


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Power Home Remodeling opened its newest office in Cincinnati, Ohio.
Expansion News

Power Home Remodeling Expands to Cincinnati, Ohio

Exterior home remodeler opens first-ever Ohio location, marking its 23rd U.S. office
Roofing Contractor
Roofing Contractor Staff
January 28, 2025
No Comments

Power Home Remodeling, ranked No. 14 on Fortune’s “Best Companies to Work For,” opened its first Ohio office in Cincinnati, its 23rd location, serving six counties with plans to expand further.


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Boyne Capital's Pinnacle Home Improvement Group buys FAS Windows & Doors and Lindholm Roofing.
Private Equity

Boyne Capital and Pinnacle Home Improvement Announce Fla. Expansion

Portfolio platform makes buys in Central Florida and the Keys
Roofing Contractor
Roofing Contractor Staff
January 28, 2025
No Comments

Boyne Capital’s Pinnacle Home Improvement Group expanded into Florida, acquiring FAS Windows & Doors and Lindholm Roofing, adding to its locations across five Southeastern states.


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Action Roofing has partnered with the Florida Panthers in a sponsorship deal.
Branding

Action Roofing Becomes Official Roofing Partner of Florida Panthers

South Florida serial entrepreneur and ‘superfan’ commits to supporting community
Roofing Contractor
Roofing Contractor Staff
January 24, 2025
No Comments

Action Roofing, a Peak Roofing portfolio firm, joins the Florida Panthers as an “Official Roofing Partner,” uniting for community support, fan engagement and initiatives in South Florida.


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Events

April 23, 2026

Homeowners Survey: A Roofing Customer’s Journey in 2026

Join the experts as they break down the data on another set of questions aimed at gaining insights into the rapidly changing home roofing and restoration market. Roofing contractors can use this data and insight to better understand what factors influence a homeowner's contractor selection process. 

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