Now is your chance to make an offer on one of America's fastest-growing private companies. It is one of the Top 100 Roofing Contractors in the USA and builds on a 50-year legacy of construction success.
CA/NDA Required
No Co-Brokerage - we only deal directly with buyers.
IOI to LOI submission process:
• All Indication of Interest (IOI) are due by Monday, June 10th at 5:00 pm ET.
• Owners will review all IOI’s, June 13th at 5:00 pm ET.
• 14th The top five interested parties will be invited to visit the company headquarters
• In Person Interviews will Begin June 24th through the 28th
• Final Partner selection will be made by July 12th
$23.4M EBITDA/$150.0M proj. Rev. for 2024. Order Pipeline of $371M. Offers Roofing, Hail Storm, Wind & Water Restoration, and Construction Solutions. 20,000+ Completed Projects. A Robust Nationwide Customer Base in the US.
• The Company experienced significant revenue growth; 90.3% YoY, reaching $55.3M in 2022, and 106.3% YoY, to $113.9M in 2023. Driven by a focus on commercial roofing, the Company expects robust YoY revenue growth of 58.8% in 2024 to $155M. Adjusted EBITDA was $14.5M in 2023, and anticipating continued success, management projects expected it to rise to $23.3M in 2024. The current order backlog stands at $371M.
• The Company functions with a capable, experienced management team complemented by a skilled workforce. There are currently 82 full-time employees, 10 of whom hold managerial roles. Additionally, the Company has 220 individuals in temporary or contract-based positions. With a 12-year legacy and strong leadership, the Company has built an exceptional sales team. This team is well-prepared to meet diverse client needs quickly and precisely.
• The Company prioritizes building higher-margin projects over accepting and starting lower-margin projects. Revenue growth will slow from 100% YoY; however, EBITDA margin will continue to increase.
• The Company recently completed a full review and rebuild of internal reporting financial systems and has review-level financial statements from an outside regional (Top 200) CPA firm.
Please refer to listing 7101681902 and advisor Dan Tomlin when inquiring.
