Tuesday, 02 January 2024 12:17 GMT

XLCS Partners Advises American Building Contractors On Sale To Diversified Roofing Group


(MENAFN- PR Newswire) Founded in 1998, ABC specializes in multi-family, commercial/industrial, and single-family residential re-roofing restoration, providing roof repair and replacement services. Licensed in over 42 states, ABC focuses on regions with stringent construction codes and challenging weather conditions, establishing itself as a trusted leader in the industry.

DRG, headquartered in Phoenix, Arizona, is a leading national roofing services provider specializing in re-roofing and maintenance services to commercial and residential clients. DRG has a strong 36-year reputation, expertise across diverse end markets, and scalable internal systems that support an integrated platform of highly attractive brands. The acquisition of ABC strengthens DRG's market presence and expands its portfolio of services.

"I was extremely impressed with the guidance provided by Anthony Contaldo and the team at XLCS throughout every stage of the process," said Paul Woodward, President and Owner of ABC. "Their expertise, professionalism, and dedication were instrumental in navigating the sale of my business."

XLCS acted as the exclusive M&A advisor to ABC, and the transaction was led by Anthony Contaldo, Partner, and Eric Schoendorf, Vice President. The transaction was completed on October 24, 2024.

About XLCS Partners, Inc.
XLCS Partners is an investment banking firm providing M&A advisory services to select clients globally.

Media Contact:
Kendra Span
[email protected]
615-379-7783

SOURCE XLCS Partners, Inc.

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