FirstService Unit Roofing Corp of America Acquires Schefers Roofing To Expand Geographical Reach; Terms Not Disclosed

FirstService Corp

FirstService Corp

FSV

0.00

The existing management team has retained a minority equity interest and will continue to oversee the day-to-day operations of the business. Terms of the transaction were not disclosed.

Headquartered in Kansas City, Missouri and founded in 1995, Schefers is a full-service commercial roofing contractor providing installation, restoration, preventative maintenance and leak repair services. The Company serves customers throughout Missouri, Northern Arkansas and the surrounding regions.

"The addition of Schefers expands RCA's geographic footprint into the Kansas City market and further strengthens our presence in the Midwest U.S. region," said Randy Korach, CEO of RCA. "We are pleased to add a highly respected market leader to our growing commercial roofing platform and welcome the entire Schefers team to our organization."

This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.