Does anyone have advice - Under LOI on a Roofing Business

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by a searcher from Washington University in St. Louis
in St. Louis, MO, USA

1yr ago

Does anyone have advice - Under LOI on a Roofing Business

Hi everyone,

I'm currently under LOI to acquire a roofing business. This is my first acquisition, and the roofing industry is new to me, so I'm eager to learn from those who have been through this process before.

Specifically, I'd love to hear your thoughts on:

Key diligence items to focus on when acquiring a roofing business: Are there any industry-specific red flags or areas that require extra scrutiny? What are common pitfalls?

Helpful experts or consultants to engage during the diligence process. Have you worked with any attorneys, accountants, industry consultants, or other professionals who specialize in roofing or similar trades and were particularly valuable? Recommendations would be fantastic.

Post-acquisition integration challenges or opportunities unique to the roofing industry. What were some unexpected hurdles or successes you encountered after closing?

Any other general advice for a first-time buyer in this space would also be welcome.

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reply by a professional 1yr ago
from Villanova University in West Chester, PA, USA

We have covered all of these topics - due diligence, common mistakes, and post-acquisition integration on our podcast - redacted - under the link to our podcast. In addition, we've worked with a number of searchers buying construction businesses such as this and are happy to discuss the legal support we provide in due diligence and on transactions. A link to schedule a complimentary consultation is also included on our page linked above. Good luck!

reply by a searcher 1yr ago
from University of Pennsylvania in San Francisco, CA, USA

i and a few businesses i know ( from roofing ) have worked with redacted for their financial dd and post transition books and claims needs - have been happy with their services and heard good from others too - redacted