Washington State Acquisition Opportunity - Commercial Roofing Company

Brentwood Growth has been retained to represent a premier commercial roofing business that provides installation and service work in Washington State and surrounding areas.

* The Company was founded over 35 years ago
* Customer base is 100% commercial
* Revenue mix is 50% new construction and 50% retrofit
* In 2023 the Company served over 150 customers
* The top 10 customers represent 54% of sales
* Has a team of 30 total employees - approximately 2/3 union and 1/3 non-union
* Included in sale is a strategic materials supply company that provides distributor pricing to Company
* Company has received the Elevate Q Award multiple times
* Company is the preferred roofer with several regional contractors


Financial Profile

12/31/2023
- Revenues - $9,269m
- Adjusted EBITDA - $1,463m
- Gross Margin - 36.0%

12/31/2022
- Revenues - $8,145m
- Adjusted EBITDA - $628k
- Gross Margin - 29.0%

12/31/2021
- Revenues - $6,901m
- Adjusted EBITDA - $778k
- Gross Margin - $26.3%