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Roofing M&A Activity & Market Trends

Actionable market intelligence for Roofing investors, M&A advisors, and business owners.

Whether you're a business owner planning your exit, an investor seeking opportunities, or an M&A advisor running processes, we'll help you navigate the Roofing M&A landscape with confidence.

Roofing Market Activity & Deal Flow on Axial

Selection of Recently Closed Roofing Transactions

Revenue EBITDA Investor type Region Market date Offer date (LOI) Buyer pool size Valuation multiple
$14.5M $5.7M Search Fund Western Canada 7/9/2024 10/25/2024 236 5.74
$9.0M $1.6M Independent Sponsor Pacific 9/25/2024 10/18/2024 211 7.00
$13.8M $2.3M Independent Sponsor Middle Atlantic 2/1/2024 6/3/2024 780 4.53
$11.0M $2.5M Independent Sponsor Western Midwest 3/25/2024 5/7/2024 17 4.27
$8.0M $1.4M Holding Company Western Canada 4/7/2025 8/27/2025 125 2.83

In-Market Companies

There are currently 90 Roofing companies being marketed by M&A advisors on Axial, representing $1.4B in combined revenue.

Financial Profile

Revenue Range

Min
$2M
Median
$10.2M
Max
$110M

EBITDA Range

Min
$503K
Median
$1.6M
Max
$28M

Geographic Distribution

South Atlantic
30
Western Midwest
11
Middle Atlantic
9
West South Central
8
Mountain
8
Pacific
6
Eastern Midwest
6
East South Central
4
Eastern Canada
3
Northeast
3
Western Canada
2

Axial Closed Deals Snapshot

Roofing companies sold through Axial generate strong investor engagement. Most completed transactions move from initial marketing to close within 6-12 months.

$3M - $62M revenue range
$700K - $14M EBITDA range
2.8x - 7.0x EBITDA multiple range
8.4 months average time to close

Who's Acquiring Roofing Companies?

Roofing Investors

There are currently 1930 investors seeking Roofing acquisitions on Axial.

    Types of Roofing Investors

    Different investor types pursue Roofing acquisitions with distinct objectives, transaction structures, and ownership timelines.

    Private Equity Firms & Independent Sponsors

    Growth and Value Creation

    • Strong financial performance and clear growth opportunities
    • Scalable operations and margin improvement potential
    • Durable customer relationships and revenue visibility
    • A capable management team or transition-ready leadership
    • Opportunities for expansion through acquisitions or new markets

    Often acquire a majority stake using investor capital and financing. Owners may retain minority equity and participate in future upside. Earnouts are common when valuation depends on future performance.

    Family Offices & Holding Companies

    Long-Term Ownership

    • Consistent profitability and reliable cash flow
    • Stable operations and defensible market position
    • Manageable transition from current ownership
    • Conservative risk profile
    • Sustainable, steady growth

    Flexible, continuity-focused transactions where owners frequently have the option to retain equity and support a longer transition.

    Strategic Acquirers (Corporations)

    Strategic Expansion

    • Complementary capabilities, customers, or markets
    • Opportunities for cross-selling or operational efficiencies
    • Strong brand reputation and customer loyalty
    • Retention of key employees
    • Clear integration path post-transaction

    Usually acquire the full business to integrate into existing operations. Deal terms may include performance-based payments tied to growth, retention, or post-close results.

    Search Funds & High Net Worth Individuals

    Owner-Operator Growth

    • Predictable earnings and straightforward business model
    • Clear opportunities for operational improvement
    • Strong customer base with limited concentration risk
    • Willingness of the seller to support a transition
    • Long-term growth potential

    Usually structured as a full acquisition, often including seller financing and a defined transition period. Owners usually support the handoff and then fully exit the business.

    Connect with Specialized M&A Advisors

    Hire the right M&A advisor through an insight-led search, leveraging a network of 2,500+ firms.

    After submitting, one of Axial’s in-house Exit Consultants will reach out to schedule a time and discuss your transaction objectives.

    Exit Process & Finding An Advisor

    The Business Exit Process

    • Timeline

      Most transactions take 12-24 months from initial preparation to closing. Companies with clean financials, documented processes, and strong leadership teams usually move faster.

    • Most Critical Stage

      Advisor Selection - Hiring the right M&A advisor can materially impact outcome and valuation. Companies that run a competitive, advisor-led process often achieve sale prices ~25% higher than owner-led transactions, driven by better positioning, broader investor outreach, and stronger negotiating leverage.

    • Pro Tip

      For companies generating $5M+ in revenue, conducting a pre-sale financial review or quality of earnings analysis can improve investor confidence, streamline diligence, and support stronger valuation outcomes.

    • 1. Initial Preparation

      24 Months Out

      Organize financials, document operations, strengthen management depth, and identify value drivers well in advance of a transaction.

    • 2. Advisor Selection

      12 Months Out

      Engage an M&A advisor with relevant industry experience and investor relationships.

    • 3. Professional Valuation

      11 Months Out

      Develop a defensible valuation range based on performance, market conditions, and investor demand.

    • 4. Positioning & Advanced Preparation

      10 Months Out

      Refine the growth story, address operational risks, and prepare marketing materials.

    • 5. Go To Market

      9 Months Out

      Confidentially approach qualified investors and manage outreach.

    • 6. Letter of Intent Evaluation

      7 Months Out

      Evaluate offers, negotiate key terms, and select the preferred investor.

    • 7. Due Diligence

      4 Months Out

      Investor conducts financial, operational, and legal diligence.

    • 8. Closing

      1 Month Out

      Finalize negotiations, and complete the transaction.

    Finding the Right Roofing Advisor

    Based on Axial data, the right M&A advisor can expand investor reach, increase competition, and improve deal certainty. Advisor-led sale processes are associated with ~25% higher valuations, are ~75% more likely to close, and can save owners 15+ hours per week by managing outreach, diligence, and negotiations.

    The Bottom Line

    The caliber of the M&A advisor you choose directly impacts valuation and deal execution. The best advisors don’t just run a process - they position the business, create competitive tension, and protect you through diligence and negotiation. In many cases, the right advisor more than pays for themselves.

    Composition of 128 Roofing Advisors on Axial

      Investment Banks

      $25M+ revenue companies and complex transactions

      • Specialize in larger, multi-faceted companies
      • Often generalist firms with dedicated sector coverage teams
      • Provide deep strategic guidance across marketing, diligence, and negotiation

      Success fee based on sale price, often with a time or milestone based retainer

      M&A Advisors

      $5M-$50M revenue owner-led companies

      • Run structured, competitive sale processes
      • Often sector specialists with deep industry knowledge
      • Provide senior-level attention throughout the transaction

      Success fee based on sale price, usually with a time or milestone based retainer

      Business Brokers

      Companies with under $15M revenue

      • Well suited for simpler business models and owner-operated companies
      • Focus on broad investor outreach where inbound demand may be limited
      • Provide practical transaction support through marketing and closing

      Primarily success fee based, sometimes with a small upfront fee.

      Connect with Specialized M&A Advisors

      Hire the right M&A advisor through an insight-led search, leveraging a network of 2,500+ firms.

      After submitting, one of Axial’s in-house Exit Consultants will reach out to schedule a time and discuss your transaction objectives.