In an unexpected twist, Tecta America, the nation’s largest commercial roofing contractor, may be up for sale after a story broke that its private equity owners are “considering strategic options.” The company’s potential valuation could be as high as $4 billion. 

Tecta America, the largest U.S. commercial roofing firm, acquired Sterling Commercial Roofing, which operates in northern Illinois, eastern Iowa, and southern Wisconsin; Sterling's president and team will remain in place.

Palmer joins Tecta America's corporate team from Schwickert's, a Tecta America Company, headquartered in Mankato, Minn., where he has served as operating unit president since 2016.

Tecta America opens the Colorado Springs office after acquiring Monument Roofing, bolstering its presence in the Rocky Mountains market. 

Tecta America acquires Eberhard Companies, based in Van Nuys, Calif., and Las Vegas, expanding its presence to 95 locations globally. 

CE REEVE Roofing, a Tecta America company, grew from a small roofing outfit to generating $60 million annual sales giant under Bryan Klepinger and Stacy Agnew.

Massarelli has joined Tecta to lead its efforts in acquiring commercial roofing contractors throughout the United States.