Latite Roofing Seals Sale Deal with Lincolnshire Management
Deal News | Jan 30, 2025 | Lincolnshire Management
Lincolnshire Management Inc., a New York-based private equity firm, recently announced the successful sale of Latite Roofing, a leading roofing service provider in Florida. Latite, one of the largest roofing companies in the US, has a strong reputation in both commercial and residential sectors. Under Lincolnshire's ownership, Latite expanded geographically and added new service offerings, enhancing its market presence and operational capabilities. The sale underscores Lincolnshire's strategy of investing in middle-market companies with strong growth potential. Capstone served as the exclusive financial advisor, and Finn Dixon and Herling acted as legal advisors for this transaction. The financial details of the deal were not disclosed.
Sectors
- Private Equity
- Construction and Building Materials
- Advisory Services
Geography
- United States – The transactions involve companies based in the United States and is significant as Latite is one of the largest roofing companies in the nation.
- Florida – Latite Roofing is a leading service provider within the Florida roofing market, noted as the strongest in the US.
- New York – Lincolnshire Management, the private equity firm involved, is headquartered in New York.
Industry
- Private Equity – The article involves Lincolnshire Management, a private equity firm known for investing in middle-market companies.
- Construction and Building Materials – Latite Roofing operates in the roofing industry, providing installation and repair services for residential and commercial buildings.
- Advisory Services – Capstone's role as financial advisor and Finn Dixon and Herling's role as legal advisor highlight the involvement of finance and legal advisory services.
Financials
- Not disclosed – The financial terms of the sale of Latite Roofing by Lincolnshire Management were not made public.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Lincolnshire Management | Selling Company | Company | A private equity firm that manages investments in middle-market companies across various industries. |
| Latite Roofing | Target Company | Company | A leading roofing installation service provider in Florida, specializes in both residential and commercial sectors. |
| Capstone | Financial Advisor | Company | Provided exclusive financial advisory services for the transaction. |
| Finn Dixon and Herling | Legal Advisor | Company | Served as the legal advisor for Lincolnshire Management in the transaction. |