Acacia Partners Makes A Growth Equity Investment In Nations Roof

January 12, 2021

AUSTIN, Texas – Acacia Partners (“Acacia”), an Austin, Texas based investment firm, recently completed a growth equity investment in Nations Roof, LLC (“Nations Roof” or “Company”), a nationwide provider of commercial roofing services. Acacia’s investment will help the Company continue its significant organic growth across the U.S. and accelerate its growing service and repair division.

“After fifteen years of consistent growth, the time is right to bring on a like-minded financial partner to help take our business to the next level.” said Rich Nugent, Founder and CEO of Nations Roof. “We set out to find a partner that shared our core values, including a long-term time horizon and a commitment to maintaining a strong balance sheet with little debt. It is very hard to find an investment firm with this mindset, but we feel we have with Acacia Partners. From our first meeting through closing, it was clear that our cultures were aligned and that we will be a great fit for each other.”

Brad Johl of Acacia Partners noted, “Rich and his team have built an incredible company with an extraordinary culture. From day one we have seen so many similarities between Nations Roof and our prior successful partnerships. We could not be more excited to partner with Rich and the Nations Roof team to build on the foundation they have created.”

“Nations Roof has created an impressive value proposition for its customers. A nationwide presence with its own workforce makes the company a reliable provider for both national and local property owners. We see so much opportunity to leverage this advantage to continue Nation Roof’s attractive growth.” said Jeff Sokol of Acacia Partners.

Greg Maletsky of Acacia Partners said, “We are excited to accelerate investments in both the Company’s infrastructure and team to strengthen their service offering and geographical presence. In particular, we look forward to expanding the recently developed RoofCare business to add value for existing customers and attract new customers that are not currently in need of a full roof replacement.”

The Company was advised by M&T Investment Banking Group.

Founded in 2004, Nations Roof is one the largest providers of commercial roofing services in the United States. Nations Roof is headquartered in Mobile, Alabama and focuses on re-reroofing, servicing & repairing roofs, and installing new roofs. Nations Roof operates out of 31 locations in 24 states and has completed projects in 49 states in the past year across all real estate property types. Learn more at www.nationsroof.com.

Acacia Partners is a private investment firm based in Austin, Texas that invests only in family-owned and owner-operated companies. Acacia invests from a committed capital fund in businesses ranging in enterprise value from $50 million to $300 million that are seeking majority or minority equity investment partners. Unlike traditional private equity firms, Acacia has a high degree of flexibility regarding investment structure and time horizon.

Acacia offers a compelling proposition to entrepreneurs, operators and family owned/operated businesses seeking capital, including:

  • Appreciation for the unique characteristics that give family businesses a competitive advantage and a strong desire to maintain that culture post-investment
  • Small appetite for leverage, with a focus on generating returns through growth and operational excellence rather than financial engineering
  • Patient, long-term capital to match the needs of owners and maximize value through opportunistic exits
  • Access to a vast network of family office contacts to drive strategic introductions, growth and operational excellence

For more information on Acacia Partners, please visit www.acaciapartnersllc.com.

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