AEA Acquires Nations Roof

AEA Investors’ (“AEA” or the “Firm”) Middle Market Private Equity team announced today that its fund has closed the acquisition of Nations Roof (“Nations” or the “Company”).

New York – July 15, 2024 – AEA Investors’ (“AEA” or the “Firm”) Middle Market Private Equity team announced today that its fund has closed the acquisition of Nations Roof (“Nations” or the “Company”). Nations is a leading U.S.-based commercial roofing contractor offering solutions that span a roof’s lifecycle, including reroofing (e.g., roof replacement), new roofing, and maintenance & repair services. The Company serves a diverse array of segments, including national retailers, property managers, and commercial & industrial customers, as well as a broad base of local customers across the roofing value chain. Nations is differentiated in the industry through its unique focus on national account customers, which provides a strong base of reoccurring demand in each year. The Company employs the industry’s largest dedicated national account sales team, which has been an enabler of consistent above-market growth over the past two decades. Based in the Southeastern United States, Nations has completed projects in all 50 states through its 22 business units and nine service center locations. AEA is excited to invest in a leading platform in the commercial roofing contracting space, an attractive field that has shown long-term resilience. Nations is the tenth building products platform investment AEA has made over the past two decades.

Harris Williams and Rothschild & Co served as financial advisors to AEA in connection with the transaction.

About AEA Investors
AEA Investors LP was founded in 1968 by the Rockefeller, Mellon, and Harriman family interests and S.G. Warburg & Co. as a private investment vehicle for a select group of industrial family offices with substantial assets. AEA has an extraordinary global network built over many years which includes leading industrial families, business executives, and leaders, many of whom invest with AEA as active individual investors and/or join its portfolio company boards or act in other advisory roles. Today, AEA’s approximately 120 investment professionals operate globally with offices in New York, Stamford, San Francisco, London, Munich, and Shanghai. The Firm manages funds that have approximately $19 billion of invested and committed capital including the leveraged buyouts of middle market companies and small business companies, growth capital, and  private debt investments.

About Nations Roof
Nations Roof is a leading commercial roofing contractor founded by three roofing executives who have over 100 years of combined experience and sought to create a unique company – one that owns all its locations, offers single-sourcing, and is not an affiliation of independent contractors. Nations has a breadth of experience with all types of commercial roof systems across all building types, covering a wide range of sizes and all climates. Nations Roof has grown to serve national and local accounts, with business units and service offices in 35 cities across the country that are able to serve customers in all 50 states. Notably, Nations’ purpose-built model, including a team of 22 dedicated National Account Managers (“NAMs”), has enabled above-market growth since the Company’s founding in 2004. Nations has earned a solid reputation for delivering consistently good value and high-quality workmanship, supported by exceptional customer service and award-winning safety standards.

Investor Contact
AEA Investors
Investor Relations
+1 (212) 644-5900
AEAIR@aeainvestors.com

Media Contact
Joele Frank, Wilkinson Brimmer Katcher
Kate Thompson, Erik Carlson, Madeline Jones
+1 (212) 355-4449
AEA-JF@joelefrank.com