Roofing Acquisitions

Aligned Exteriors Group (AEG), a residential roofing and exterior services platform, announced a partnership with Trinity Exteriors, a residential roofing services provider serving the Minneapolis region. Trinity’s owner, Ted Swanson, will remain in place to manage day-to-day operations as the company joins AEG’s Midwest portfolio. AEG is backed by River Sea Network and Pearl Street Capital Partners.

Brightstar Capital Partners acquired Best Choice Roofing (BCR), a national provider of residential roofing services with more than 85 locations across 24 states. Brightstar will partner with founder and CEO Wayne Holloway to support continued geographic expansion and scaling of operations.

PAX Services Group, a portfolio company of New State Capital Partners, acquired San Antonio-based Cram Roofing to expand PAX’s roofing and exterior services footprint in Texas. Cram Roofing’s management team will remain in place, and financial terms were not disclosed.

Dunes Point Capital, LP formed Roofing Services Solutions, LLC (RSS) and acquired Noland's Roofing, Inc., a provider of re-roofing and building exterior services to residential customers. Noland's Roofing is headquartered in Clermont, Florida and represents the first investment in RSS's platform consolidation strategy in the aftermarket roofing services space. Dunes Point Capital Fund III, LP provided controlling equity financing, with debt financing from M&T Bank.

North Branch Capital’s portfolio company, Infinity Home Services (IHS), acquired American Home Contractors (AHC), a residential roofing and exterior replacement contractor serving the Mid-Atlantic retail (non-insurance) market. AHC is headquartered in Fulton, Maryland and also operates a location in Chantilly, Virginia. The transaction closed on June 3, 2022 and represents IHS’s fourth acquisition since North Branch became the majority shareholder in September 2021.

NewSpring Mezzanine, a mezzanine investment strategy of NewSpring, invested in Northpoint Roofing Systems alongside Halmos Capital Partners to support the formation and expansion of a roofing services platform. As part of the transaction, Northpoint also acquired Master Roofers of Manchester, New Hampshire, marking Northpoint’s first add-on acquisition and supporting its plans for further consolidation-driven growth.

O2 Investment Partners’ portfolio company Capital Construction Holdings partnered with and acquired Options Exteriors, a residential roofing replacement and repair provider. Options Exteriors, founded by Aaron and Christina Bible, will join Capital Construction Holdings’ platform as it expands its residential exterior services footprint across the U.S.

Bluestem Equity, Ltd. completed a strategic investment in Tridom Holdings, LLC, a Texas-based commercial roofing contractor providing low-slope roofing, waterproofing, and sheet metal services, with a residential division focused on asphalt shingles and specialty products. The investment is intended to support Tridom’s expansion and continued growth.

Tecta America announced the acquisition of Pioneer Roofing, a commercial and industrial roofing contractor based in Johnson Creek, Wisconsin. Pioneer Roofing will continue operating under the name “Pioneer Roofing, a Tecta America Company, LLC,” with John Boettcher and the existing team remaining in place.

Peak View Roofing, a provider of roofing and exterior facility services, announced the acquisition of Revelation Roofing of the Rockies as the first milestone in its multi-phase growth strategy. Revelation, founded in 2008, is a full-service roofing provider serving Steamboat Springs, Colorado and the surrounding area. Seaside Equity Partners is referenced as Peak View’s private equity partner supporting growth in mission-critical services businesses.

Cotton Holdings, Inc. acquired Stellar Restoration Services, a commercial roofing restoration provider focused on hail and weather-related damage. Stellar will continue operating under its existing name as a wholly owned subsidiary of Cotton, with co-founders Michael de la Mora and Rick Bailey remaining in leadership and retaining an ownership interest.

Aurora Capital Partners announced a growth investment in Premier Roofing, a large U.S. roofing services provider focused on storm-damage restoration. Premier Roofing, headquartered in Denver, Colorado, will partner with Aurora to support continued expansion across existing and new geographies.

Calidant Capital, a Dallas-based private equity firm, entered into a strategic partnership with Arcadia Roofing Company, LLC, finalized on March 23, to provide additional capital and strategic resources to accelerate Arcadia’s growth. The transaction was supported by Texas Capital Bank for credit facilities, with equity partners including high-net-worth family offices and individuals led by Cordatus Capital.