Calder Associates of Florida Facilitates Recapitalization Transaction
M&A Advisory Firm completes successful recapitalization for well-known Florida Roofing Company
Orlando, Fl., December 1, 2020 – Calder Associates of Florida, a leading M&A Advisory firm specializing in privately held service-related businesses, recently completed a recapitalization between Monument MicroCap Partners, an Indianapolis-based private equity firm, and Kelly Roofing Holdings, LLC. Calder Associates represented Kelly Roofing in this transaction.
Based in Bonita Springs, Florida and founded in 1972, Kelly Roofing installs replacement residential and commercial roofing systems, and repairs existing roofs in Florida. Kelly Roofing’s services include roof replacement, roof repair, accessories (gutters, skylights, roof cleaning, etc.), inspection and insurance claims, and emergency repair work.
Cress V. Diglio, Managing Partner of Calder Associates “has been so patient and helpful through this process. Because of his help, my family and I are set for life,” said Kelly, President of Kelly Roofing.
Kelly also stated, “We are very excited to be partnering with Monument on this next phase of Kelly Roofing’s history and growth plan. Our company has been a part of the Florida community for almost 50 years and we are committed to continuing to provide our customers with world-class roofing services. Monument will provide us with strategic support and capital to continue expanding our service offering and geographic reach throughout Florida. We also look forward to joining forces with other like-minded, high-quality roofers as we seek to grow and expand through add-on acquisitions. Kelly Roofing and Monument share the same cultural values and vision for the future of Kelly Roofing, its customers, and its employees.”
Calder Associates of Florida, a subsidiary of Calder Associates specializes in the sale of service-related businesses such as roofing, HVAC, plumbing, lawncare, home improvement & construction related companies, with revenues ranging from $2 million to over $100 million.
Tim Hildebrand, Vice President Monument said about Cress Diglio and Calder “It was a pleasure working with you. You did a fantastic job representing your client and as I’ve mentioned that has not always been the case with other firms.”
Calder’s professional M&A process produced over 100 interested parties and over a dozen Letters of Intent (LOI’s) from Private Equity Groups (PEG’s), industry buyers and strategic acquirers.
Calder’s team was led by Cress V. Diglio, CBI, M&AMI, the managing Partner of Calder’s Florida and Southeast operations. With a focus on superior quality of service, communications, and industry experience, Calder’s team continually provides the required expertise to achieve a desired result.
“We always go one step further than the other firms, to make sure that our clients are prepared for a transaction, understand its likely outcome, and assist in ensuring that their company is in the best position for a better than desired result,” said Cress V. Diglio. “Our team has experience in all aspects of operations, finance, technology, and organization and it allows us to provide a higher quality of professional work that leads to a successful close. If you own a roofing company and want to learn more about how Calder Associates can help you sell your business or merge with a larger roofing company please contact me, Cress V. Diglio at firstname.lastname@example.org or contact me directly at (407) 709-9605.
About Calder Associates
Calder Associates is a middle market mergers and acquisitions, intermediary and business brokerage firm specializing in Privately Held Business with revenues of $2M to over $100M. The company’s staff have extensive experience in Manufacturing, Distribution, Service, Construction and Healthcare related businesses. US offices are located in NJ, PA, FL. and satellite offices in the Washington DC Metro Area. Calder Associates also has affiliates in Australia and Asia. To experience the best in professional business acquisition services, learn about the Calder difference. Visit https://www.calderassociates.com/
About Cress V. Diglio
Cress V. Diglio is a Certified Business Intermediary (CBI), a Merger & Acquisition Master Intermediary (M&AMI) and the Past Chairman of the International Business Brokers Association (IBBA). Having successfully mediated over 500 transactions, Mr. Diglio is well versed in assisting clients with all facets of buying, selling or merging with another business. Cress V. Diglio is the only business intermediary you need to know. Visit https://floridacertifiedbusinessbroker.com or https://calderassociates.com for more information about Cress V. Diglio and his services.