Stronghouse Solutions Acquires Gustafson Roofing

OAKBROOK TERRACE, Ill.--(BUSINESS WIRE)--O2 Investment Partners (o2investment.com) is pleased to announce that Stronghouse Solutions (stronghousebrands.com), a national leader in roofing and exterior services, has acquired Gustafson Roofing (“Gustafson”) of Boynton Beach, Florida (giroofers.com).

We are incredibly pleased to partner with Stronghouse, an organization that shares our vision for quality, growth, and innovation.

Share

Stronghouse will support Gustafson by providing best-in-class processes, capital investment, technology innovation, and operational support. Gustafson is expected to bolster Stronghouse’s rapidly growing retail exterior division and serve as a key regional hub enabling further growth and expansion across the Southeast.

“We are excited to partner with Gustafson.” said Troy Baker, Chief Revenue and Operating Officer of Stronghouse. “We identified Gustafson as an operator uniquely positioned to expand its footprint both within its existing markets as well as into new markets. Their leadership under Frank Mercado, Ryan Gustafson, and Mike Gustafson, Jr. has provided high-quality services and excellence across Palm Beach County. Stronghouse looks forward to providing the resources to build on their impressive 75-year legacy.”

Established in 1948, Gustafson is led by Frank Mercado who serves as CEO of the third-generation family-owned business alongside Ryan Gustafson and Mike Gustafson, Jr. in key leadership and operational roles. The brand’s strong reputation for delivering superior roofing and exterior services has garnered decades of referral business throughout Palm Beach County.

“We are incredibly pleased to partner with Stronghouse, an organization that shares our vision for quality, growth, and innovation,” said Mercado. “Stronghouse went to great lengths to understand our business and develop a forward-looking plan for sustainable expansion to meet the increasing demand for quality residential exterior services.”

Stronghouse is dedicated to executing a purposeful growth strategy by partnering with leading exterior services operators in attractive markets. Please contact Mike Hilcove at mhilcove@stronghousebrands.com for more information or to discuss new development opportunities.

About Stronghouse Solutions
Stronghouse Solutions is an industry leading provider of roof replacement and repair and other exterior home services to residential customers across the United States. Stronghouse is headquartered in Oakbrook Terrace, IL. For additional information, please visit stronghousebrands.com.

About Gustafson Roofing
Gustafson Roofing is a regional provider of roofing and other exterior home services to residential customers across Eastern Florida. Gustafson is headquartered in Boynton Beach, FL. For additional information, please visit giroofers.com.

About O2 Investment Partners
O2 Investment Partners is a Midwestern-based private equity firm that seeks to invest in lower middle-market niche services, technology, and select industrial companies. The firm invests in businesses with earnings growth potential and a clear path to creating shareholder value. O2 invests to partner with management to build and grow the business and take it to its next stage of development. This requires a clear vision and strategic plan to create shareholder value, close partnership, and alignment of interest with management. For additional information, please visit www.o2investment.com.