CONFIDENTIAL TEASER · NOT FOR DISTRIBUTION · NDA REQUIRED FOR CIM
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Project Rocky Top · Confidential M&A opportunity

Tennessee commercial roofing — a solid add-on with platform potential.

12-year-old commercial-led operator with asset-light economics, embedded second-line leadership, and ~$3M of contracted billings scheduled May–July 2026. A defined service-department buildout offers a clear EBITDA-expansion path under new ownership.

TTM Revenue
~$8M
Mar 2026
TTM Norm. EBITDA
~$0.8M
~10% margin
Contracted backlog
$4M+
FY26 jobs in hand
FY26E Norm. EBITDA
~$1.0M
Management forecast
Anonymized teaser · Company name, leadership, and detailed financials provided post-NDA
Investment thesis

A bolt-on with the bones of a platform

01

Commercial-led, low concentration

~80% commercial revenue across general contractors, property managers, and direct owners. No single customer dominates; multi-year repeat business.

02

Asset-light, capital-efficient

100% subcontracted field execution. Metal roofing and coatings performed in-house, supporting differentiated margin on specialty scopes.

03

Embedded leadership

VP-led day-to-day operations with tenured controller and division leads expected to remain. Founder transitioning over a standard 6–12 months while maximizing value.

04

Service buildout = platform optionality

Today's unstructured service revenue formalized into a dedicated department unlocks recurring high-margin EBITDA — and turns a clean add-on into a platform-grade asset under the right owner.

Next steps

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