Home Industries Real Estate Roofed Right America acquired by private equity firm

Roofed Right America acquired by private equity firm

Roofed Right American CEO Adam Brissman, COO Ricardo Herrera and president Khary Penebaker

Milwaukee-based commercial roofing contractor Roofed Right America has been acquired by Kansas City-based private equity firm Great Range Capital.

Terms of the deal were not disclosed.

Roofed Right America, which has satellite locations in Texas and New Jersey, offers roofing solutions throughout the central and eastern United States. The company was founded in 2006 by chief executive officer Adam Brissman and chief operating officer Ricardo Herrera.

Brissman and Herrera will remain in their roles post-closing, alongside the rest of RRA’s management team, while also retaining significant ownership stakes.

“We’re thrilled to partner with GRC to execute upon our shared strategic vision for RRA,” Brissman said. “GRC’s successful history of supporting businesses as they scale into market leaders was attractive to us, and we’re excited to leverage their expertise and resources in our next phase of growth.”

“In addition to the resources GRC brings, we’re appreciative of the strong cultural fit between our organizations,” Herrera said. “We look forward to working together as we grow RRA in both existing and new markets, and via acquisitions.”

Andrew is the editor of BizTimes Milwaukee. He joined BizTimes in 2003, serving as managing editor and real estate reporter for 11 years before being promoted to editor in 2015. An award-winning journalist, Weiland is a five-time winner in the Milwaukee Press Club Excellence in Journalism Awards contest and a three-time winner in the Alliance of Area Business Publishers (AABP) Awards contest. He is also a regular guest on WISN-TV Channel 12's 4 p.m. newscast to discuss the week's most significant business news stories.
Milwaukee-based commercial roofing contractor Roofed Right America has been acquired by Kansas City-based private equity firm Great Range Capital. Terms of the deal were not disclosed. Roofed Right America, which has satellite locations in Texas and New Jersey, offers roofing solutions throughout the central and eastern United States. The company was founded in 2006 by chief executive officer Adam Brissman and chief operating officer Ricardo Herrera. Brissman and Herrera will remain in their roles post-closing, alongside the rest of RRA's management team, while also retaining significant ownership stakes. "We're thrilled to partner with GRC to execute upon our shared strategic vision for RRA,” Brissman said. “GRC's successful history of supporting businesses as they scale into market leaders was attractive to us, and we're excited to leverage their expertise and resources in our next phase of growth." "In addition to the resources GRC brings, we're appreciative of the strong cultural fit between our organizations,” Herrera said. “We look forward to working together as we grow RRA in both existing and new markets, and via acquisitions."

Stay up-to-date with our free email newsletter

Keep up with the issues, companies and people that matter most to business in the Milwaukee metro area.

By subscribing you agree to our privacy policy.

No, thank you.

Holiday flash sale!

Limited time offer. New subscribers only.

Subscribe to BizTimes Milwaukee and save 40%

Holiday flash sale! Subscribe to BizTimes and save 40%!

Limited time offer. New subscribers only.

Exit mobile version