Private equity firm HCI Equity Partners announced on Monday that six of its properties, including Highland Commercial Roofing, have been featured on Inc. 5000’s 2024 list of the fastest-growing private companies in America. The six companies represent more than one-third of HCI’s portfolio and, HCI said, added 874,458 jobs to the economy over the past…
Detroit-based Huron Capital Partners, a middle-market private equity firm, announced Wednesday that its commercial roofing and exterior facility services platform, Rampart Exterior Services, closed on its first acquisition: Independent Roofing Systems, Inc. Founded in 1980, Independent is headquartered in central Mississippi and serves critical industries, including education, government, industrial, and other commercial customers. According to…
Hundreds of millions of dollars in private equity (PE) is flooding the roofing industry today. If you haven’t been approached by a private equity company yet, it’s only a matter of time before you hear from one. If you have, you may wonder why a PE firm reached out and what to do next. …
Private equity investment fund Saw Mill Capital Partners announced last week the launch of RAFTR Roofing + Exteriors, a roofing and outdoor exterior solutions provider specializing in the insurance-claim sector. Headquartered in Duluth, Ga., RAFTR Roofing + Exteriors is a multi-regional, residential and commercial roofing and exterior solutions platform focused primarily on insurance-claim demand. The…
An affiliate of Angeles Equity Partners, LLC, a private investment firm that partners with niche manufacturing, announced last Thursday it had acquired O’Hara’s Son Roofing, a national commercial and industrial roofing provider headquartered in Chicago with regional service operations centers in Florida, New Jersey, and Texas. Established in 1987, OSR was ranked No. 17 on…
The MRCA Foundation, the nonprofit arm of the Midwest Roofing Contractors Association, announced 22 winners of its annual scholarship awards on Monday. The foundation’s purpose is to provide financial assistance to MRCA member company employees and their families who are pursuing higher education at an accredited university or trade school, among other philanthropic endeavors. The…
Exuma Capital Partners, a private equity firm targeting strategic investments in high-growth middle markets, launched Peak Roofing Partners last month. This is Exuma Capital’s first business venture under its home services pillar. The company said it plans to build and acquire roofing companies to grow a regional and national brand. Anthony Perera, the firm’s founder…
Dunes Point Capital, LP, a private equity firm based in suburban New York City, announced Tuesday it had launched Roofing Services Solutions, LLC and acquired Clermont, Fla.-based Nolands Roofing, Inc. as its first acquisition. Located about 22 miles west of Orland, Nolands is a provider of re-roofing and building exterior services to residential customers, Dunes…
Soundcore Capital Partners, a New York-based private equity firm, announced today it completed the sale of Roofing Corporation of America, LLC, a national commercial, industrial, and residential roofing concern, to FirstService Corporation. The transaction, made public by Soundcore Capital in a Dec. 18 news release, closed on Dec. 15; financial details of the sale were…
