Ridgeline Strengthens Southeast Presence with Pro Shield Acquisition
Deal News | Feb 20, 2025 | Bertram Capital Management LLC
Ridgeline Roofing & Restoration, a portfolio company of private equity firm Bertram Capital, has acquired Pro Shield, a roofing services provider in Madison, Mississippi. This acquisition represents Ridgeline's first and aims to bolster its capabilities and expand its market presence in the Southeastern United States. While the terms of the deal were not disclosed, the acquisition promises Pro Shield access to Ridgeline’s enhanced resources and support. Chris Baldus, CEO of Ridgeline, and Cody Bellipanni, President of Pro Shield, expressed excitement about the partnership. Pro Shield is expected to leverage Bertram's expertise in technology and marketing to scale operations. Ridgeline is open to further acquisitions in the roofing and restoration sector, inviting interested parties to engage in discussions.
Sectors
- Construction
- Private Equity
Geography
- United States – The country where Ridgeline Roofing & Restoration and Pro Shield operate.
- Mississippi – The state where Pro Shield is based, part of the geographic focus of the acquisition.
Industry
- Construction – The industry relevant to Ridgeline and Pro Shield, both providing roofing services.
- Private Equity – The industry relevant to Bertram Capital, which is a private equity firm backing Ridgeline.
Financials
- Not disclosed – The financial terms of Ridgeline's acquisition of Pro Shield were not disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Ridgeline Roofing & Restoration | Acquiring Company | Company | A provider of roofing and restoration services, enhancing its footprint with the acquisition of Pro Shield. |
| Pro Shield | Target Company | Company | A Mississippi-based provider of high-quality residential and commercial roofing services. |
| Bertram Capital | Private Equity Firm | Company | The private equity firm backing Ridgeline's acquisition strategy. |
| Chris Baldus | CEO of Ridgeline | People | Expressed excitement about the acquisition and its alignment with Ridgeline's mission. |
| Cody Bellipanni | President of Pro Shield | People | Founder of Pro Shield, who supports the partnership with Ridgeline for growth. |