July 19, 2022
Diversified Roofing (“DRC”) is pleased to welcome Doug Traylor, Wilson Cifuentes, and the entire Remedy Roofing (“Remedy”) team to the DRC platform. Remedy further expands DRC’s Texas presence in the residential reroof market, marking the second brand DRC has added since partnering with 39 North Capital to grow a leading roofing platform across the southeast and southwest.
“Remedy’s leadership in the Texas and surrounding markets will be important as we grow,” says Mark Schouten, CEO at Diversified Roofing. “They’re innovative, they work hard and they want to grow. We are excited to learn from them as we continue growing our house of brands to better service our customers across a broader geography. This is an exciting time at DRC and I’m looking forward to partnering with other likeminded roofing operators that want to maintain their brand and local autonomy, but gain the benefits of being part of a large and growing platform.”
Since 1988, DRC has provided roofing services for both residential and commercial structures. DRC has earned its stellar reputation through years of service to homeowners, residential builders, landlords, property managers, and commercial contractors in the Phoenix, AZ and Houston, TX markets. 39N is pleased to support the DRC management team as they look to gain market share in a highly fragmented industry and penetrate new geographies through acquisition. For more information, please visit www.diversifiedroofing.com.
Remedy Roofing is a leading, Houston roofing company that has provided residential and commercial roofing services to the attractive Texas & Louisiana markets since 2005. For more information, please visit www.remedyroofing.com.
39 North Capital is a principal investment firm founded by Tim Lucey and Jake Roffman to focus on partnering with owner-operators and strategic investors to create long-term value for all stake holders – our employees, customers, communities, and investors. We are relationship driven and leverage our deep networks as operators and finance professionals to source, diligence and manage investments. We focus on mature, cash generating businesses in the following key sectors: multi-unit retail, health & wellness, beauty, and business services that support the built economy. For more information, please visit www.39northcapital.com.