Private Equity
LB Capital Executes ‘Triple’ Roll-Up Roofing Contractor Consolidation
Entrepreneur acquires three family-owned firms to compete in competitive Northeast market

“I’m going to change the roofing industry; I’m going to change how roofing is done, make it a demand business, make it a retail business, make it professional, and [really] show these roofing companies how they can become successful businessmen.”
— Lance Bachmann, principal LB Capital
— Image by Bryan Gottlieb/RC
Bristol, Pa.-based LB Capital announced last week it had successfully consolidated three family-owned roofing companies under an umbrella group, solidifying the newly formed firm’s position as a significant player in the highly competitive New Jersey and Pennsylvania markets.
In an October 23 news release announcing the roll-up, LB Capital said the three firms include Holland, Pa.-based Munz Roofing and Siding; Woodbine, N.J.-based Jim Rhubart Roofing; and Berlin Township, N.J.-based Only the Best Builder.
"Today, we have rewritten the playbook for the roofing business," Lance Bachmann, principal at LB Capital, said. "We've proven that when great people come together, there are no limits to what we can achieve. We want to make this the best roofing and siding business in the country."
LB Capital said the new roll-up company is set to offer customers a comprehensive range of services, covering everything from roofing, siding, and metal roofs to windows, doors, and gutters. The company said its strategic integration of services is a testament to the newly formed firm’s commitment to delivering “a seamless, all-encompassing home improvement experience.”
The company added that the roll-up stands as a “…proud testament to the unwavering belief placed in Bachmann by remarkable individuals like Chris Munz, Mike Shelley, Brian Toff, Jim Rhubart, and Dean Mainardi.”
For more information, visit lbachmanncapital.com.
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