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Sun Capital Partners Affiliate Completes Acquisition of Latite Roofing & Sheet Metal

Jan 10, 2025•over 1 year ago

Contract Type

partnership

FloridaConstructionBuilding Maintenance

Description

Sun Capital Partners, Inc. announced the completion of the acquisition of Latite Roofing & Sheet Metal, a Florida provider of roofing services. The partnership aims to drive growth and solidify Latite's leadership position in the growing Florida building services market.

Company Information

Company

Latite Roofing and Sheet Metal

Location

Florida, United States

About

Latite is Florida's largest provider of roofing services to both commercial and residential customers. Founded in 1943, it operates multiple locations in Florida, Georgia, and Tennessee. The company focuses on all aspects of roofing including new construction, re-roofing, maintenance, and repair. Latite is an affiliated portfolio company of Sun Capital Partners, Inc.

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Agreement Insights

Based on industry data

Strategic partnership established

Partnership agreements typically involve technology integration and joint go-to-market strategies

Contract momentum indicator

Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months