NorthEast Contracting Corp.
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NorthEast Contracting Corp. - overview
Established
1994
Location
Lorton, VA, US
Primary Industry
Construction
About
Founded in 1994 and based in Virginia, US, NorthEast Contracting Corp. provides roofing, repair, and maintenance services across Washington, D. C. , Virginia, Maryland, and Florida for both residential and commercial projects.
In September 2024, a consortium led by RCap Equity, including Monroe Capital, acquired a majority stake in NorthEast Contracting Corp. as part of recapitalization. As of 2024, the company is led by its president, Derek Smith. The company offers a range of commercial, industrial, institutional, and governmental roofing solutions, with personalized attention to every project.
The firm’s services include roof evaluations, inspections, preventative maintenance, and full roof repairs and replacements. NorthEast Contracting provides customized roofing plans using data from site evaluations. The company has expertise in a variety of roofing types, including built-up roofing, elastomeric EPDM, modified bitumen, shingles, thermoplastic systems, and re-roofing options, including tear-offs and overlays. The September 2024 recapitalization enables the company to grow its team, expand its services, and reach and pursue strategic acquisitions.
Current Investors
Monroe Capital, RCap Equity Partners
Primary Industry
Construction
Sub Industries
Home Repair Services, Construction
Website
www.neccroofing.com/
Company Stage
Mature
Total Amount Raised
Subscriber access only
NorthEast Contracting Corp. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Ducks Roofing Company, Inc. | - | ||||||||
| Recapitalisation | Completed | NorthEast Contracting Corp. | - |
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