Sun Capital Partners' Strategic Acquisition of Latite Roofing Sets Stage for Growth

Sun Capital Partners Expands into Florida's Roofing Market

In a significant move that positions it firmly within the building services sector in Florida, Sun Capital Partners, Inc. has completed the acquisition of Latite Roofing & Sheet Metal, the state's largest provider of roofing services for both commercial and residential clients. This strategic acquisition aligns with Sun Capital's focus on investing in defensible businesses in expanding markets.

Founded in 1943, Latite has established itself as a trusted name in the Florida roofing industry, providing an extensive range of services including re-roofing, service and repair, and new construction. Over its 80-year history, the company has managed numerous complex projects, servicing a diverse clientele that includes high-profile property owners and general contractors.

Matthew Joblove, Principal at Sun Capital, expressed enthusiasm about the acquisition, stating, "We are thrilled to partner with Latite as a platform in the growing Florida building services market. Our goal is to support the Latite team with strategic insights and operational resources to drive growth and reinforce its leadership position in this sector. This partnership is a natural extension of our commitment to enhancing services businesses and creating long-term value."

The roofing industry in Florida is poised for steady growth, fueled by rising demand for re-roofing and ongoing construction projects. Latite's strong market position, coupled with a comprehensive suite of roofing solutions, positions it to effectively capitalize on these opportunities. Jeff Burks, CEO of Latite Roofing & Sheet Metal, remarked, "This is a pivotal moment for Latite, and we're excited to embark on this new chapter with Sun Capital. Their operational expertise and local insights align perfectly with our business strategy, allowing us to further enhance our service delivery and customer satisfaction."

With a history of investing in over 545 companies generating revenues exceeding $50 billion across various industries, Sun Capital has built a reputation as a partner that fosters operational excellence. The firm specializes in identifying growth opportunities in the Services, Food & Beverage, and Industrials sectors, making this new acquisition a strategic fit.

As Latite Roofing & Sheet Metal joins the Sun Capital portfolio, stakeholders on all fronts can anticipate a collaborative approach aimed at reinforcing Latite's standing as a leading roofing service provider in Florida. The goal is clear: to leverage years of expertise in the market while enhancing service offerings to meet growing client demands, ensuring sustained success in the competitive roofing landscape.

For additional information on the acquisition and to learn more about Latite's extensive services, visit their official website at www.latite.com.

About Sun Capital Partners, Inc.

Sun Capital Partners, Inc. is a global private equity firm dedicated to partnering with exceptional management teams to accelerate value creation. Active since 1995, the firm has established itself as a trusted investment partner with deep operational insights across numerous industries, including building services, ensuring that the businesses it acquires are set up for success. With offices in Boca Raton, Los Angeles, New York, and London, Sun Capital continues to actively seek out promising investment opportunities with the potential for meaningful growth.

About Latite Roofing & Sheet Metal

As Florida's premier roofing company, Latite Roofing & Sheet Metal has been serving both residential and commercial clients for over 80 years. Known for its extensive range of roofing solutions—including maintenance, repairs, and new constructions—Latite has built a reputation for quality and customer satisfaction, making it a respected name in the roofing industry. For more information, visit www.latite.com.