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