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Hci Equity Partners-Backed Highland Commercial Roofing Acquires Skycraft Roofing

Aug 11, 2023over 2 years ago

Acquiring Company

Highland Commercial Roofing

Acquired Company

Highland Commercial Roofing

Building MaintenanceConstructionBuilding MaintenanceConstruction

Description

HCI Equity Partners ("HCI"), a leading lower middle-market private equity firm, today announced that its newly established platform Highland Commercial Roofing ("Highland") acquired Skycraft Roofing ("Skycraft") on August 1, 2023. Financial terms were not disclosed.

Company Information

Company

Highland Commercial Roofing

About

Since 1991, Highland Commercial Roofing has provided exceptional service and asset protection to major corporations and building owners throughout the Southwest. Highland specializes in the installation and maintenance of seamless, energy-efficient "Cool-Roof" systems for commercial, industrial, office, and multi-family properties. For more information, please visit www.highlandroof.com.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed