Sumeru, JobNimbus co-founders, and Mainsail Partners are betting JobNimbus will be the game-changer that empowers contractors to serve their customers better
Sumeru Equity Partners, a private equity firm, has invested $330M in JobNimbus, the Lehi, Utah-based SaaS for roofing contractors, to expand operations and product offerings; the founders and original investor Mainsail Partners will retain equity.
Brava Roof Tile secured investment from Golden Gate Capital to expand production and fuel growth, with its leadership team remaining intact. Terms were not disclosed.
Goldman Sachs increased its Beacon Roofing Supply shares by 11.6% in Q4, owning 602,287 shares worth $52.4M. Despite a "hold" rating from StockNews.com, other investors and analysts remain confident.
Texas-based private equity firm Six Pillars Partners has recapitalized Royalty Roofing and its sister company, Majestic Facility Experts to support their collective growth.
Saint-Gobain announced plans to invest $235 million in expanding its CertainTeed manufacturing facility in Palatka, Fla., doubling production capacity and installing high-efficiency equipment, further reducing its carbon footprint.