#USA #Millersville #New State Capital #PAX Services #Hi-Tech Roofing

PAX Services Group Expands with Hi-Tech Roofing Acquisition

PAX Services Group, a prominent player in roofing and exterior services, has successfully acquired Hi-Tech Roofing & Sheet Metal, based in South Florida. This strategic move is aimed at broadening PAX's operational footprint within the vibrant Southeast market, particularly after the recent establishment of a new office in Pompano Beach, Florida.

Hi-Tech Roofing, founded in 2000, is recognized for its high-quality roofing solutions and has established a strong reputation in delivering excellence in craftsmanship and customer experience. Their expertise spans various sectors, including commercial, industrial, and institutional roofing, making them a leading partner for healthcare facilities, businesses, and educational institutions in the region.

Strengthening Customer Relations and Services

The collaboration ensures the continuity of Hi-Tech's management team, with owner Mike Daley remaining onboard, which aims to sustain the familiar rapport that existing Hi-Tech customers have enjoyed. Mike Wade, CEO of PAX, expressed enthusiasm about the acquisition, highlighting how Hi-Tech’s shared values regarding quality and customer satisfaction align seamlessly with PAX's mission.

This acquisition not only enhances PAX's service offerings but also combines the strengths and expertise of both companies, providing clients with a more robust array of services across the entire building envelope. This synergy is expected to yield enhanced project delivery efficiency while adhering to the highest industry standards.

Future Growth Prospects

The Chief Executive Officer of PAX articulated that this partnership with Hi-Tech represents a pivotal step in PAX's growth strategy in Florida and underscores their dedication to delivering unparalleled building services across the region. With Hi-Tech integrated into PAX’s operational infrastructure, existing customers can anticipate a seamless transition, supported by the same trusted professionals they have come to rely on.

Mr. Daley remarked on the excitement surrounding the partnership, emphasizing that Hi-Tech's foundation has always been about fostering strong relationships with customers, suppliers, employees, and the community. As they embark on this new journey with PAX, Daley is optimistic about the growth that lies ahead, emphasizing the collective commitment to maintaining the exceptional service quality that Hi-Tech is renowned for.

Looking Ahead

The strategic buying decision also signifies PAX's continual growth ambitions under the guidance of New State Capital Partners, which acts as PAX's financial backer, remarking on how this acquisition brings PAX closer to its objective of becoming a leading exterior services company nationally. New State's ongoing support positions PAX favorably for further organic growth as well as potential future acquisitions.

To sum up, this acquisition stands as a testament to PAX Services Group's commitment to quality, innovation, and customer service, reinforcing its position as a significant player in the roofing industry. As they expand their services, PAX is poised to meet rising demands while ensuring that customer satisfaction remains at the forefront of their operational ethos.

For more information on the services provided by PAX, visit their official website: PAX Services Group.

About New State Capital Partners

New State Capital Partners is a private equity firm that focuses on creating lasting value by partnering with talented management teams and company founders, particularly in the middle market sector. With over 45 acquisitions under their belt, they emphasize the importance of a long-term investment strategy, positioning their portfolio companies, including PAX Services, for enduring success.