logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Northpoint Roofing Systems Announces The Acquisition Of Rising Star Roofing

May 08, 2023•over 2 years ago

Acquiring Company

Northpoint Roofing Systems

Acquired Company

Northpoint Roofing Systems

SolarConstructionBuilding MaintenanceSolarConstructionBuilding Maintenance

Description

Northpoint Roofing Systems ("Northpoint"), a Halmos Capital Partners and NewSpring portfolio company, is pleased to announce the acquisition of Rising Star Roofing ("Rising Star").

Company Information

Company

Northpoint Roofing Systems

About

Founded in 2019 and headquartered in Atlanta, GA, Northpoint is a leading provider of roof repair and replacement services, primarily for single-family and multi-family residential customers. The company also provides roof restoration services to commercial customers as well as solar and gutter installation services. The Company's leadership team has developed a unique tech-enabled customer centric model delivering best in class quality and customer satisfaction. Additional information is available at https://www.northpointroofingsystems.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