BRIACLIFF MANOR, NY, June 22, 2023 /PRNewswire/ — Saw Mill Capital Partners III, LP and affiliated private equity investment funds managed by Saw Mill Capital LLC (“Saw Mill”) are pleased to announce the formation of SMC Roofing Solutions, LLC (“SMC Roofing Solutions ‘ or ‘SMC Roofing Solutions’ (‘Company’), a multi-region residential roof renovation platform primarily focused on insurance claims demand. The terms of the transaction were not disclosed. This is the first investment in Saw Mill Capital Partners III, LP.
Scott Rivarda Partner at Saw Mill Capital, said: “We see a need for a great service provider that combines strong institutional knowledge of the insurance matching process and technical roofing know-how with exceptional customer service. SMC Roofing Solutions will be able to provide its businesses and contractors with the resources and support needed to accelerate growth, including strong relationships with external suppliers, sales and installation teams. We are pleased to be working with the management team of SMC Roofing Solutions to execute on a number of strategic initiatives, encompassing both organic projects and acquisitive growth opportunities.”
Dan Gregga vice president of Saw Mill Capital, added, “Saw Mill was able to leverage its industry research team to gain an in-depth understanding of the large and highly fragmented market opportunity for insurance-focused new home improvement in the United States. We see several advantages in this.” Further consolidation and we will look to expand the platform through partnerships with other market-leading companies.
About SMC Roofing Solutions
Founded in 2023, SMC Roofing Solutions is a multi-regional residential roof renovation platform primarily focused on insurance claims demand. Its companies use a differentiated direct-to-consumer sales model to offer homeowners roof replacement and maintenance. For more information or to share potentially relevant acquisition opportunities, please contact Scott Rivard at (914) 741-1300 or Dan Gregg at (914) 919-1115.
About Saw Mill Capital
Based in Briarcliff Manor, NYSaw Mill Capital is a private equity firm that acquires business services, specialty distribution and manufacturing companies with an enterprise value of 25 million dollars To 200 million dollars. Since 1997, Saw Mill Capital has partnered with management teams to help successful companies realize their full potential. For more information, visit www.sawmillcapital.com.
SOURCE Saw Mill Capital
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