Skyline Roofing Partners has acquired Dr. Roof, a residential reroofing and repair business based in Atlanta, Ga., that serves markets in South Carolina and Alabama.
A tech company focused on developing AI solutions for industries like roofing has raised $23 million in Series B funding, which will go toward expanding its AI platform's capabilities and scaling its team.
With the nation facing a shortage of millions of homes and mortgage rates stubbornly high, builders, contractors and suppliers find themselves caught between soaring demand and an increasingly challenging economic environment.
As homeowners face five-figure roof replacement costs, a growing number of companies are marketing spray-on treatments that claim to restore aging asphalt shingles for a fraction of the price.
Action Roofing Services, in partnership with Tampa-based Operation Healing Forces, provided a free roof to a Special Forces veteran who was dealing with a 20-year-old roof.
Valor Exterior Partners, a portfolio company of Osceola Capital, has acquired Unisource Roofing, expanding Valor's presence into Kentucky, and A. Caspersen Co., bolstering Valor's presence in the Ohio market.