Generational Equity Advises ProCon, Inc. in its Sale to Empire Roofing Corporation of Canada
By Generational Equity
07/10/2020
Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, ProCon, Inc., to Empire Roofing Corporation of Canada. The acquisition closed July 2, 2020 and details were not disclosed.
ProCon, located in Greensboro, North Carolina, is one of the supreme roofing contractors in the eastern United States. Since its inception in 1987, ProCon has established itself by providing top-quality products and excellent customer service. Staffed with some of the most experienced professionals in the industry and carrying more than eight million square feet of roofing experience with Carlisle membrane alone, ProCon has the knowledge, skill and expertise to meet the needs of any project, no matter what the size.
Headquartered in Windsor, Ontario, Canada, Empire Roofing Corporation of Canada specializes in commercial/industrial flat roofing projects from 1,000 – 1,000,000 square feet. They work with all types of businesses and have completed several projects for prominent brands like Lowe’s, Coca-Cola, Giant Tiger, McDonald’s, University of Western Ontario, Wayne Gretzky’s Winery and many more. Their projects span across Canada and the USA and they are able to offer customers a full suite of roofing services.
Generational Equity Executive Managing Director, M&A-Technology Practice Leader, David Fergusson, and his team led by Alex Mironov, Vice President Mergers & Acquisitions, successfully closed the deal. Senior Managing Director Terry Stidham established the initial relationship with ProCon.
“The culture fit between Empire and ProCon was immediately evident. Both companies place the utmost value on customer satisfaction, which is evident in the high level of service each firm provides, as well as their numerous awards and recognitions. I’d call it a match made in heaven!” said Mironov.
About Generational
Generational Group, headquartered in Dallas, is a leading, award winning, full-service M&A advisory firm. With more than 350 professionals located throughout 16 offices in North America, the company helps business owners release their business’ wealth by providing growth consulting, merger, acquisition, and wealth management services. The Generational suite of advisory services includes strategic growth consulting, exit planning education, business valuation, value enhancement strategies, M&A services, digital services, and wealth management.
The M&A Advisor named Generational Group Investment Banking Firm of the Year in 2016, 2017, 2018, 2022 & 2024. They also awarded us Valuation Firm of the Year and M&A Consulting Firm of the Year in 2022 and 2023. For more information, visit: https://www.generational.com.