ABC Roofing has been acquired by Tecta America
Northern Edge, a specialist middle market sell-side advisory firm, is pleased to announce the recent sale of A.B.C. Roofing, Co. (“ABC Roofing”) to Tecta America (“Tecta”).
ABC Roofing is a roofing contractor that performs installation, maintenance and repair services. It serves the commercial market in the Pacific Northwest, providing roofing solutions for office buildings, retail stores, schools, hospitals and industrial facilities.
ABC Roofing’s large presence within the Northwest, as well as their strong customer and vendor relations, made it an attractive acquisition opportunity to Tecta.
Headquartered in Rosemont, IL, Tecta is the leading commercial roofing company in the U.S., with over 70 locations and 3,000 roofing professionals. The firm provides installation, replacement, new construction, repairs, disaster response, and portfolio management to more than 5,000 customers nationwide.
Northern Edge helped level the playing field for ABC Roofing, a family owned company, in negotiating against a much larger, experienced buyer who has completed over 20 acquisitions since 2000.
Northern Edge’s thorough identification and development of potential buyers, which emphasized the importance of cultural fit, helped to facilitate the completion of the transaction.
“It is paramount to us to continue as a quality; family orientated, roofing organization to the clients we’ve served for the last seven decades. Tecta’s reputation for treating its employees well, providing value and world-class service to the client is very important to us.” Greg Bolt, President, A.B.C. Roofing, Co.
Northern Edge acted as the exclusive financial advisor to ABC Roofing on this transaction.
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