Kelly Roofing and Integrity Roofing & Gutters Merge to Expand Across Southeast

Deal News | Jan 16, 2025 | EIN

Kelly Roofing and Integrity Roofing & Gutters Merge to Expand Across Southeast

Kelly Roofing and Integrity Roofing & Gutters have announced their merger aimed at expanding roofing solutions across Florida and the Southeast. Supported by Monument MicroCap Partners, a private equity firm focused on lower middle-market investments, the partnership will leverage both companies' strengths. Kelly Roofing, a family-owned business since 1972, is recognized for quality and innovation, and has recently engaged in forward-thinking projects like Tesla Solar Roofs. Integrity Roofing & Gutters, established in 2014, has seen significant growth in Florida and neighboring states, offering comprehensive services with a focus on quality and customer satisfaction. The merger seeks to extend service offerings, enhance industry standards, and drive innovation. Monument MicroCap's involvement showcases the financial and strategic support required to cultivate such a significant partnership. Key leadership from both firms express strong growth potential through shared values and ambition. Overall, this merger heralds a new era for the roofing industry in the Southeast, prioritizing quality and sustainability.

Sectors

  • Construction and Roofing
  • Private Equity
  • Renewable Energy

Geography

  • United States – Kelly Roofing and Integrity Roofing & Gutters operate primarily in Florida and the Southeast region of the United States.

Industry

  • Construction and Roofing – The primary industry involved in the merger, focusing on residential, commercial, and multifamily roofing solutions.
  • Private Equity – Monument MicroCap Partners is a private equity firm supporting the merger financially and strategically.
  • Renewable Energy – Included due to Kelly Roofing's involvement with innovative solutions like Tesla Solar Roofs.

Financials

    Participants

    NameRoleTypeDescription
    Kelly RoofingTargetCompanyA family-owned roofing company based in Naples, Florida, known for quality and innovation.
    Integrity Roofing & GuttersTargetCompanyA growing roofing company providing services across Florida, Georgia, South Carolina, and North Carolina.
    Monument MicroCap PartnersBidding CompanybuyerCompanyA private equity firm specializing in lower middle-market investments.