Stellus Capital Management Supports Acquisition of Champion Contractors with Unitranch Financing

Stellus Capital Management Partners with Platform in Champion Contractors Acquisition

Stellus Capital Management, LLC recently communicated its strategic decision to provide support through senior debt financing and equity co-investment in the acquisition of Champion Contractors and Services, a prime player in the commercial roofing industry. This financial backing aims to bolster Platform Partners' efforts in expanding Champion's operations and service offerings.

Founded in 2003 and based in Round Rock, Texas, Champion Contractors has gained a solid reputation as a leading national commercial contractor, specializing in large-loss insurance-driven restoration projects across various industries. With its comprehensive roofing and re-roofing solutions, Champion has fostered enduring relationships with property owners, insurance firms, and national accounts, which speaks volumes of its dedication to service and integrity.

Lucas Kuipers, Executive Vice President of Platform, expressed enthusiasm about the partnership with the Champion team, emphasizing the company's responsiveness and excellent service quality, which have been instrumental in meeting the sustained demand within the commercial roofing sector. “We are excited to partner with the Champion team and support the Company's next phase of operational growth,” stated Kuipers. He also acknowledged Stellus' invaluable industry knowledge and smooth transaction processes that facilitate growth.

Gavin Roseman, Managing Director at Stellus, also shared his excitement, highlighting the importance of their role in supporting Champion as the company aims to broaden its geographical footprint and enhance its service offerings. With a strong emphasis on engineering technical expertise and customer relationship management, Champion is poised for significant growth in the post-merger landscape.

The commercial roofing industry is expected to witness a steady increase in demand, and with Stellus’ backing, Champion is well-positioned to capitalize on this opportunity. The partnership aligns with the strategic goals of both Platform and Stellus Capital Management, focusing on enhancing operational capabilities and expanding in the ever-evolving market.

This transaction underscores the importance of collaborative practices in fostering business growth, particularly in sectors that demand specialized services like roofing and restoration. Moving forward, stakeholders anticipate improved operational efficiencies and an increased service portfolio from the collaborative efforts of Stellus, Platform, and Champion. This acquisition is not just a financial maneuver but a calculated step towards establishing a stronger foothold in a competitive marketplace.

In conclusion, the involvement of Stellus Capital Management in enabling Platform Partners' acquisition of Champion Contractors marks a significant development in the financial and commercial roofing sectors. As Champion continues to deliver quality service and build lasting relationships, the support from Stellus is expected to be pivotal in driving future growth and success within the company and the industry at large.