Brightstar Capital Partners Acquires Best Choice Roofing, a National Provider of Residential Roofing Services
2024年8月8日 - 12:05AM
Brightstar Capital Partners (“Brightstar”), a middle market private
equity firm focused on investing in industrial, manufacturing, and
services businesses, announced today that it has acquired Best
Choice Roofing (“BCR” or the “Company”), the nation’s largest
platinum roofing company with more than 85 locations across 24
states.
Founded in 2009, Best Choice Roofing has serviced more than
60,000 customers across the country, and offers a comprehensive
range of services including roof inspections, repairs, and
replacements. BCR has achieved sustained growth by rapidly scaling
its operations, developing robust sales practices, and building
valuable industry relationships. As a platinum purchaser with Owens
Corning, Best Choice Roofing demonstrates its strong market
influence and commitment to quality.
"We are excited to join forces with Brightstar to begin the next
chapter for Best Choice Roofing, “ said Wayne Holloway, Founder
& CEO of Best Choice Roofing. “Brightstar’s support and
resources will enable us to further scale our operations and
accelerate our growth, while we maintain our focus on providing
fast and reliable roof repairs and replacements.”
“BCR’s founder-led culture, impressive track record of sustained
growth, and position of leadership in the industry make them an
ideal partner for us,” said Matthew Allard, Partner at Brightstar.
"The Company operates in a highly fragmented industry with
tremendous growth opportunities, and we look forward to partnering
with Wayne and his team going forward.”
"Best Choice Roofing has built a strong reputation in the market
by providing essential services to their customers and excelling at
customer service,” said Bruce Roberson, Partner at Brightstar. “We
believe that we’ll be able to enhance their systems and
infrastructure to support continued rapid geographic
expansion."
Harris Williams served as financial advisor and Kirkland &
Ellis LLP served as legal counsel to Brightstar. BofA Securities
served as financial advisor and Bass, Berry & Sims PLC served
as legal counsel to Best Choice Roofing.
About Best Choice Roofing
Best Choice Roofing is a premier residential roofing company
offering a full range of services including inspections, repairs,
and replacements. With a reputation for quality and reliability,
Best Choice Roofing has rapidly expanded its operations and built
strong industry relationships, positioning itself as a leader in
the roofing sector. For more information, please visit
https://bestchoiceroofing.com.
About Brightstar Capital Partners
Brightstar Capital Partners is a middle market private equity
firm focused on investing in industrial, manufacturing, and
services businesses where Brightstar believes it can drive
significant value with respect to the management, operations, and
strategic direction of the business. Brightstar employs an
operationally intensive approach that leverages its extensive
experience and relationship network to help companies reach their
full potential. For more information, please
visit https://brightstarcp.com.
Media ContactCraig Thomas, Chief Marketing
Officercthomas@brightstarcp.com