Business Services|Consumer & Retail|General Industrials Archives

Roof Worx Transaction

Transaction Announcement

Roof Worx LLC (“Roof Worx”), a leading provider of residential and commercial roofing services across Colorado and Wyoming, announced that it has been acquired by SouthWorth Capital Management, a Memphis, Tennessee-based family office.

Founded in 2010 and having completed nearly 7,000 roofing projects, Roof Worx is a family-owned and operated company offering a comprehensive portfolio of roofing solutions for both steep-slope and low-slope environments. Services include installation, maintenance, and repair across residential, commercial, HOA, and property management end markets.

Roof Worx represents the first platform acquisition in a multi-state roofing roll-up strategy to be executed by SouthWorth during its investment period.

GLC Advisors was our first choice as investment banker, given the team’s success working with construction services companies and contractors – and it proved to be the right call. They worked long hours, paid attention to what mattered most to our team, and stayed hands-on in every step of the process. As owners, my brother and I value hard work and follow-through, and that’s exactly what GLC delivered. We couldn’t be happier with both our new partnership and the overall outcome.
Bart Thomas
Owner / Co-founder, Roof Worx

Business Services & Industrials Team

GLC’s Business Services & Industrials Team is exclusively focused on advising business services and industrials clients in the Middle Market. Our team’s advisory work includes M&A (sell-side and buy-side), financing/debt advisories, recapitalizations, fairness opinions, and valuations. We excel at working with founders and owner- operators. Our team is passionate about the businesses and people that hire us to advise in their strategic decisions and events.

Deal Team

Michael Richter

Managing Director / Denver

Adam Fiedor

Managing Director / Denver

Michael Fleschner

Managing Director / Denver

Mike Armbuster – PENDING

Director

Morgan Hoffman

Vice President / Denver

Pattlen Enterprises Transaction

Transaction Announcement

Pattlen Enterprises, Inc. (“Pattlen”), a distributor of commercial turf maintenance and irrigation equipment doing business as (“D.B.A”) L.L. Johnson Distributing Company, Inc. and Midwest Turf & Irrigation, announced the acquisition of substantially all of the assets by Oakcreek Golf & Turf LP, a portfolio company of Banyan Capital Partners.

Founded in 1976, Pattlen for nearly 50 years built up 2,400+ customers (golf courses, municipalities, sports facilities, and commercial landscapers) across 13 states, with 5 locations winning 15 Toro Partner’s in Excellence awards including 2024 Distributor of Excellence – North America.

Pattlen offers a comprehensive portfolio of equipment and systems from leading manufacturers, complimented by parts and service support.

No team has ever suffered from too much talent, and we found just that when we selected GLC Advisors as our exclusive advisor. GLC partnered alongside my team navigating each step of an incredibly complicated process, going above and beyond to achieve the optimal outcome. I believe we bring superior service, customer relations, and products to the marketplace that is unmatched and unrivaled that will be highly complementary to the Oakcreek platform.
Jim Johnson
President & CEO, Pattlen Enterprises

Business Services & Industrials Team

Deal Team

Michael Richter

Managing Director / Denver

Adam Fiedor

Managing Director / Denver

Michael Fleschner

Managing Director / Denver

Mike Armbuster – PENDING

Director

Race Technologies Transaction

Transaction Announcement

Race Technologies, an exclusive tech-enabled distribution, supply chain management and technical support partner for high performance Brembo branded braking products and related accessories serving automotive & motorcycle performance and racing communities, has announced its recapitalization by Clavis Capital Partners.

Founded in 1998, Race Technologies has been serving automotive & motorcycle racing, custom build, and enthusiast markets for over 25 years. With facilities on both the west and east coasts, Race Technologies’ fully integrated platform provides supply chain services and high-performance product distribution and support to customers globally.

With Clavis’ backing, Race Technologies will further develop proprietary AI-driven inventory software, support the growth of the Brembo brand in the performance aftermarket, and accelerate Race Technologies position as a leading supply chain and logistics management platform.

To learn more, please visit our website: www.glca.com

I cannot thank the GLC deal team enough for their continuous support and determination over the past several months in accomplishing such a tremendous outcome for our team. GLC is truly a trusted partner and was our advocate from start to finish in this transaction. Their understanding of founder-owned/entrepreneurial businesses coupled with their ability to navigate a sophisticated transaction process far exceeded my expectations. I truly appreciate their entire team’s efforts.
Jamie Trimble
Founder & CEO, Race Technologies

Business Services & Diversified Industries Team

GLC’s Business Services and Diversified Industries Team is exclusively focused on advising business services and industrials clients in the Middle Market. Our team’s advisory work includes M&A (sell-side and buy-side), financing/debt advisories, recapitalizations, fairness opinions, and valuations. We excel at working with founders and owner-operators. Our team is passionate about the businesses and people that hire us to advise in their strategic decisions and events.

Deal Team

Michael Richter

Managing Director / Denver

Adam Fiedor

Managing Director / Denver

Michael Fleschner

Managing Director / Denver

Mike Armbuster – PENDING

Director

Jackson Winn – PENDING

Associate