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Generational Equity Advises Lake Champlain Roofing in its Sale to BizGro Partners
By Generational Equity
12/20/2021
Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Lake Champlain Roofing, LLC, to BizGro Partners. The acquisition closed September 21, 2021.
Lake Champlain Roofing (LCR) is a roofing contractor located in Plattsburgh, New York. LCR maintains a stellar reputation and is well-branded in the local market. The Company is a certified contractor with Owens Corning, Carlisle, CertainTeed, and GAF.
Located in Cliffside Park, New Jersey, BizGro Partners buys well-established profitable B2B businesses across the United States. Their investments in the marketplace of businesses they buy produce superior returns on capital, sustainable wealth, and ongoing cash flow for their company and all partners involved.
Generational Equity Executive Managing Director, M&A-Technology Practice Leader, David Fergusson, and his team, led by Managing Director M&A, Moses Shmueli, with the support of Vice President, M&A, Tristan Keeffe, successfully closed the deal. Senior Managing Brian Hendershot established the initial relationship with LCR.
“LCR has established a strong reputation, a result of three generations of integrity and experience. BizGro Partners, who has been actively building a national portfolio of roofing companies, immediately recognized this value,” said Shmueli.
He added, “The sellers can now transition into the next stage of their lives knowing their customers and employees will be taken care of.”
About Generational
Headquartered in Dallas, Generational is one of the leading M&A advisory firms in North America.
With more than 350 professionals located throughout 17 offices in North America, the companies help business owners release the wealth of their business by providing growth consulting, merger, acquisition, and wealth management services. Their six-step approach features strategic and tactical growth consulting, exit planning education, business valuation, value enhancement strategies, M&A transactional services, and wealth management.
The M&A Advisor named the company Investment Banking Firm of the Year three years in a row, Valuation Firm of the Year in 2020, and North American Investment Bank of the Year in 2022 as well as Consulting Firm of the Year. For more information, visit https://www.generational.com.