Door Pro America Expands in North Carolina with Key Acquisition
Deal News | Feb 04, 2025 | Rotunda Capital Partners LLC
The article discusses Door Pro America's recent acquisition of American Garage Door Systems (AGDS), a move that marks a significant step in Door Pro's expansion strategy in North Carolina. Supported by Rotunda Capital Partners, Door Pro aims to enhance its service capabilities in the Charlotte area. The acquisition is expected to bring about synergy between the two companies, combining Door Pro's extensive market reach and AGDS's legacy of high-quality service in the garage door sector. AGDS's President, Dave Nodine, will continue managing operations post-acquisition, ensuring a seamless transition. This move is part of Door Pro's broader strategy to form partnerships with other garage door service providers across the U.S. Rotunda Capital Partners, known for transforming family-owned businesses into scalable platforms, is instrumental in this strategic expansion.
Sectors
- Residential Services
- Private Equity
Geography
- United States – Both Door Pro America and American Garage Door Systems operate within various U.S. markets, including this key expansion into North Carolina.
- North Carolina – The acquisition of American Garage Door Systems enhances Door Pro America's service capabilities in greater Charlotte, marking a strategic expansion into this priority market.
Industry
- Residential Services – The industry involves the installation, repair, and replacement of residential garage doors, as provided by Door Pro America and AGDS.
- Private Equity – Rotunda Capital Partners is a private equity firm that is investing in and facilitating the growth strategies of portfolio companies like Door Pro America.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Door Pro America | Acquirer | Company | A leading provider of residential garage door installation, repair, and replacement services operating across nine U.S. markets. |
| American Garage Door Systems | Target Company | Company | A family-owned provider of residential overhead garage door solutions based in greater Charlotte, North Carolina. |
| Rotunda Capital Partners | Private Equity Firm | Company | An operationally oriented private equity firm focused on transforming family-founder owned companies into data-driven platforms. |
| Dave Nodine | President of AGDS | Person | Will continue to oversee day-to-day operations of American Garage Door Systems post-acquisition. |
| Larry Notto | President of Door Pro America | Person | Oversees strategic initiatives and integration following the acquisition of AGDS. |
| Margaux Valle | Head of Business Development at Rotunda Capital Partners | Person | Contact for business owners and intermediaries interested in partnership or acquisitions. |