PLYMOUTH, Minn. — Legacy Restoration, a leading provider of exterior restoration and remodeling services, and Janney Construction, an Orlando-based provider of exterior restoration and remodeling services, specializing in roofing, announced that they have reached a definitive agreement for Janney to merge with Legacy. Legacy is a portfolio company of Bessemer Investors.
"We are excited to welcome Derek and the Janney team, along with Janney’s retail expertise and marketing capabilities, to Legacy," said Scott Mullins, CEO of Legacy. "The addition of Janney allows us to extend our geographic footprint into the southeast with one of the highest rated roofing organizations in the country. This is an important next step in Legacy and Bessemer’s joint goal of building the largest and highest performing exterior restoration business in the country.”
Janney’s existing management team, including CEO Derek Janney, will continue to lead the company under the Janney brand. Janney represents the continued expansion of Legacy Restoration, both geographically and into retail-based reroofing, and Legacy is excited to provide additional resources to grow the Janney brand.
"Building Janney Roofing has been the highlight of my professional life thus far," said Janney. "Legacy will open us up to a broader range of products and trades, and together we will be able to expand into new service areas without losing the distinctiveness that has made us a favorite in Florida. I am excited about our future together and look forward to changing our world, one roof at a time."
Janney Roofing is a provider of exterior restoration and remodeling services, and one of the highest-rated roofers in Florida, serving Orlando, Tampa, Central Florida, North Florida and Southwest Florida. In addition to receiving the Owens Corning Pinnacle Award for Generosity, Janney has been named among the Top 10 Philanthropic Companies in Central Florida, as a Best Place to Work for the last two years and Best of the Best for the last two years.
Tree Line Capital Partners and Bridge Bank, a division of Western Alliance Bank, provided debt financing for the transaction.