Tecta America is having another great year in the roofing business with the latest annual revenue reported at $1.4 billion, placing the company atop RC’s 2024 Top 150 List.

Roofing Contractor presents The Best of Success Podcast Show

Tecta America’s Model for Roofing Acquisitions

After more than two decades of success, Tecta America continues to grow through strategic acquisitions across the country amid an influx of competitive private equity investors with deep pockets. Hear how the company looks for acquisitions and get an insightful glimpse into the motivation and philosophy behind the strategy from CEO Dave Reginelli and Mark Santacrose, Tecta’s executive chairman and former president.

The 20-plus year climb to the top has not come without challenges and lessons learned along the way, say CEO Dave Reginelli and Mark Santacrose, Tecta’s executive chairman and former president, in this exclusive conversation with RC. 

They said that at the core of the acquisition strategy are the people, and the autonomy they maintain locally as business leaders while still benefiting from business services provided underneath the Tecta umbrella. Understanding other roofing contractors is where the company can often set itself apart in crowded field of potential investors. 

“We view private equity more as financing. So, when someone sells to someone like us, they sell to a strategic buyer who truly understands the industry,” Reginelli said. “Today, I think there’s a new rush of money into the industry, but understanding what a contractor goes through on a day-to-day basis is really important, and it’s a lot different than a lot of other industries.”

As a roofing industry veteran who’s seen roofing awash in private equity cash before, Santacrose said the valuable lessons learned along the way make all the difference.

“We've made mistakes. We've done lots of things that we regret,” he said. “And you know, we've tried lots of different things, but we’ve never really gotten away from that core model of the local roofing contractor is really the most important part of the foundation. Everything else we do is to try to add value to them.”

Check out the full conversation here.