Centre Partners acquires American roofing service provider Quick Roofing

Centre Partners, a middle-market private equity firm with a significant presence in New York and Los Angeles, has announced its partnership with management to acquire Quick Roofing, a leading residential and commercial roofing service provider operating across nine states in the Southwest, Southeast, and Great Plains of the United States.

Quick Roofing: A Market Leader in Roofing Services

Founded in 1984 and based in the Dallas-Fort Worth metro area, Quick Roofing has built a comprehensive suite of services, including roof repair and replacement, new roof installation, solar panel installation, and other exterior home services. With over 30 years of experience, the company has carved out a significant market share in its core geographic areas and is renowned for its business integrity, customer service, and product quality.

Management and Growth Plans

Quick Roofing’s CEO, Eric Armstrong, a seasoned industry expert with over two decades of experience, will continue to lead the business alongside the current management team. Under this new partnership, Quick Roofing is poised for its next phase of expansion, capitalizing on its consistent track record of organic growth and successful market entries.

Centre Partners’ Strategic Vision for Quick Roofing

Daniel Brinkenhoff, Managing Director at Centre Partners, emphasized Quick Roofing’s potential as an ideal platform investment due to its industry-leading reputation and strong presence in favorable geographies. He also highlighted the long-term growth potential in the roofing industry, driven by factors such as aging housing stock and market fragmentation.

Comments from Leadership

Armstrong expressed his enthusiasm for partnering with Centre Partners, emphasizing Quick Roofing’s commitment to maintaining its reputation of excellence. The partnership aims to accelerate Quick Roofing’s growth trajectory, enhancing its market leadership and service capabilities.

Centre Partners’ Track Record and Investment Approach

Founded in 1986, Centre Partners focuses on partnering with founders, families, entrepreneurs, and management teams to build exceptional businesses. With over $2.6 billion of equity capital invested in more than 90 transactions, Centre Partners has a strong presence in the consumer, business services, and healthcare sectors.

The acquisition of Quick Roofing by Centre Partners marks a significant step in the expansion and consolidation of the roofing services market, signaling a positive growth trajectory for both companies in the construction and home services sectors.