CII's Ken Kelly Shares His Exit Journey With Roofing Contractor
CII Trades Technical Expert Ken Kelly is featured this month on the Best of Success Podcast Show on RoofingContractor.com recorded during the just completed 2024 Western Roofing Expo in Las Vegas.
Ken Kelly’s ‘Retirement’ from Roofing is the title of the one-on-one conversation between Ken and Roofing Contractor Editor-in-Chief Art Aisner. The quotes around “Retirement” are a clear indication that Ken’s new chapter in life post-Kelly Roofing has been absolutely packed with new opportunities, global adventures and consulting engagements nationwide with Certified Contractors Network and Owens Corning.
In the interview, Ken sheds light on the valuable lessons he learned during the process of selling his business and describes how his current role as an advisor is geared toward helping other owners learn how to maximize the value of their enterprise and help them prepare for an eventual exit whether that will be to a family member to a strategic buyer or to private equity.
In addition to the Best of Success podcast, Ken is currently writing a six-part series for Roofing Contractor that will take a deeper dive into the process of helping other owners prepare for their own “retirement” and their next chapter of freedom and prosperity.
To watch the full podcast, visit RoofingContractor.com and to learn more about Ken Kelly, visit his profile page here on CII Advisors.
JJ Quality Builders of the Palm Beaches Is Now Kelly Roofing
Seven months after the announced recapitalization of JJ Quality Builders of the Palm Beaches, the West Palm Beach-based roofing contractor is now officially part of the Kelly Roofing family in both organization and name.
The announcement was shared this week by Kelly Roofing on their landing page which highlights the expanded service offerings and larger service area that finds Kelly Roofing spreading its wings beyond the Southwest Florida base to more densely populated South Florida beginning with Palm Beach County.
“No longer are we limited to Southwest Florida. Kelly Roofing is proud to be able to help the homeowners of West Palm Beach and surrounding areas with the help of our newly expanded team. Our longevity and quality combined with their local knowledge will help us cater our work to you.”
Kelly Roofing has been the recipient of numerous industry accolades including 2019 Roofing Contractor of the Year, Roofing Technology Innovator of the Year, and Top 100 Roofing Contractor in America. Since its founding in 1972, the company has served over 50,000 roof owners across the Sunshine State.
For more information, visit kellyroofing.com.
Percheron Capital Launches Alloy Roofing
This week Percheron Capital, a San Francisco-based private equity firm with over $3 billion in assets under management, announced the launch of Alloy Roofing (“Alloy”), a residential roofing repair and replacement services platform.
Atlanta-based Alloy Roofing is launching the new platform beginning with an initial partnership with Amstill Roofing, a leading provider of residential roofing and repair services in the Houston market.
Former ServiceMaster CEO Greg Weller was named CEO of Alloy Roofing and shared his enthusiasm about the new venture and what it means for future partners:
“At Alloy, our focus on investing in people, technology and infrastructure helps ensure our companies can flourish while preserving the local expertise and identity that make them a critical part of their communities. We look forward to being a partner of choice for high-growth roofing businesses aligned with our mission of delivering exceptional service and solutions for customers.”
In the official press release, Percheron Co-Founder Chris Collins added that “demand for roofing services is resilient and continues to grow driven by several long-term tailwinds.”
For more information, visit alloyroofing.com.
Eskola Roofing Expands Footprint With 3 New Acquisitions
Eskola Roofing & Waterproofing, a leader in commercial roofing and waterproofing, is expanding its footprint across the Southeastern and Southwestern U.S. with the acquisition of three established companies: Frontier Roofing, BBG Contracting Group, and Keating Roofing.
According to the official press release, these new acquisitions will support Eskola’s commitment to provide superior roofing and waterproofing services to essential sectors like education, infrastructure and healthcare. Founder Jon Eskola said the triple play is in line with his company’s vision for responsible growth:
“Our vision has always been to grow responsibly while maintaining the high level of service that Eskola is known for. Frontier, BBG and Keating Roofing bring decades of experience, regional expertise, and a commitment to quality. We’re thrilled to welcome them to the Eskola family.” – Jon Eskola
The three companies have a combined 160 years of experience serving commercial roofing and restoration customers in South Carolina (Keating), Texas and New Mexico (Frontier), and Florida ( BBG).
Founded in 1997 by Jud Bennett, Andy Burns and Linwood Geiger, Jacksonville-based BBG Contracting Group has earned a reputation for excellence in commercial roofing, restoration and maintenance.
For more information, visit eskolaroofing.com.
Gulf Western Roofing Celebrates 25 Years Of Excellence
This week Gulf Western Roofing, a leading provider of roofing repair solutions across Central and Southwest Florida, is celebrating 25 years of business.
Gulf Western made the announcement this week noting that the company, founded by President and CEO Joseph K. Lamb, Jr. in Florida in 1999, has grown exponentially from a small operation to a thriving business with more than 200 employees.
Gulf Western’s milestone is doubly impressive given the competitive nature of the roofing industry in Florida, as well as the fact that only about 25% of companies make it beyond 15 years and a mere 12% of companies make it beyond 25 years, according to the U.S. Bureau of Labor Statistics.
The Gulf Western story and the Lamb family’s journey from Washington D.C. to Davie, Boca Raton and eventually Naples is inspirational and definitely worth reading on their website. Other growth-minded roofing contractors can also benefit by reading the company’s Mission and Core Values on the same page.
For more information, visit gulfwesternroofing.com.
Roofing Corp of America Acquires Dynamic National
This week Roofing Corp of America announced the acquisition of Dynamic National, a leading provider of commercial roofing and renovation services across several states in the West, the Southwest and the Southeast.
In the official press release, Atlanta-based Roofing Corp of America said the Dynamic National transaction marks the company’s thirteenth acquisition over the past four years.
Founded in 2009, Dynamic National is headquartered in Denver and has branches in Provo, Dallas, Little Rock, Memphis and Tampa/St. Petersburg. Dynamic ranked #44 on Roofing Contractor’s most recent list of Top 150 Roofing Contractors in the United States.
According to the press release, Dynamic National will operate as a stand-alone entity within Roofing Corp of America and continue to be led by its current management team including Founder and Chief Revenue Officer Jed Sybrowsky, President Seth Bedell, and Chief Operating Officer Gary Kerley.
For more information, visit dynamicnational.com.
RAFTR Roofing + Exteriors Announces GreenSky Collaboration
RAFTR Roofing + Exteriors (RAFTRx), a leading provider of roofing and outdoor exterior solutions that specializes in insurance claims, has announced a new partnership with GreenSky that will streamline financing for future customers.
Georgia-based RAFTRx made the announcement online with RAFTRx CEO Gyner Ozgul saying the GreenSky collaboration will “allow our brands to close deals faster and with more customers.”
GreenSky is an Atlanta-based financial technology company that manages the GreenSky Program and licenses its proprietary and patented platform to banks and other financial institutions to make consumer loans through the Program. The relationship with the GreenSky Program will enable RAFTRx brands to offer customers frictionless payment options, driving the opportunity to increase sales volume and accelerate cash flow.
Since the inception of the GreenSky Program, almost 6 million consumers have financed more than $50 billion of commerce using GreenSky’s real-time “apply and buy” technology.
RAFTR Roofing + Exteriors is headquartered in Duluth, Georgia and has 24 offices in 10 states. The current RAFTRx portfolio of brands included Perimeter Roofing, Humbled Roofing & Restoration, Regal Roofing, Blue Hammer Roofing and Mills Siding & Roofing.
For more information, visit raftrxroofing.com.
Roof Shampoo Franchise Expands To Tampa
Roof Shampoo, an eco-friendly provider of roof cleaning services through its network of independent contractors, has announced the company is expanding to Tampa with the opening of its newest Florida franchise.
According to the official press release, “Roof Shampoo Tampa is dedicated to serving both residential and commercial clients. Their professional roof-washing services are tailored to meet the unique needs of each property, ensuring thorough and efficient cleaning.”
The Roof Shampoo website gives a detailed overview of the three most common and potentially harmful roof cleaning methods including chlorine bleaching, spray chemicals and high pressure power washing. In contrast, Roof Shampoo franchisees use a non-bleach, low pressure roof cleaning method with a proprietary soap formulated to be safe on all asphalt and fiberglass shingles.
For more information, visit roofshampoo.com.
Contact CII Today
If you own an established roofing business in Florida or Georgia and would like to get a better understanding of the current market value of your company and important steps you can take today to maximize that value, get in touch with a CII business advisor today.