RCap Equity Partners Leads Majority Recapitalization of Northeast Contracting Corp.
September 4, 2024
RCap Equity Partners led a majority recapitalization of Northeast Contracting Corp. (NECC) in partnership with Monroe Capital LLC and existing shareholders. NECC, a Lorton, Virginia–based full-service commercial roofing company serving education, government, multi-family and industrial end markets across the Mid-Atlantic, will use the partnership capital to invest in its team, expand service offerings and pursue strategic acquisitions.
- Targets
- Northeast Contracting Corp.
- Sellers
- Existing shareholders
- Industry
- Construction
- Location
- Virginia, United States
- Transaction Type
- Recapitalization
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