Roofing Corp of America Bolsters Florida Presence with Acquisition of Springer-Peterson Roofing

In a move reinforcing its dominance in Florida, Roofing Corp of America (RCA) has added Springer-Peterson Roofing & Sheet Metal, a Lakeland-based commercial and industrial roofer, to its platform. For RCA, the deal underscores its commitment to building a national roofing network through tuck-in acquisitions that retain local identity. For Springer-Peterson, it offers access to greater resources, stability, and scale - while maintaining leadership continuity.

Deal Summary

• Acquirer: Roofing Corp of America, a roofing services platform backed by FirstService Corporation.
• Target: Springer-Peterson Roofing & Sheet Metal, a family-run company founded in 1981 in Lakeland, Florida.
• Leadership Continuity: Rob Springer (Chairman) and Daniel Boatwright (President) remain in their roles post-transaction.
• Operating Model: Springer-Peterson will operate as a standalone entity within RCA, collaborating closely with RCA’s other Florida-based businesses.
• Strategic Rationale: RCA sees value in Springer-Peterson’s deep roots in Central Florida, long-term customer relationships, and skilled team. The deal expands the platform’s regional footprint and strengthens its commercial roofing capacity.
• Corporate Background: RCA is part of FirstService Corporation, a publicly traded property-services company.

Industry Context

This acquisition reflects a broader consolidation trend among roofing contractors. Despite scale advantages, the roofing sector remains fragmented at the local and regional level - especially in high-growth markets like Florida. Larger platforms like RCA are absorbing well-established local players to drive economies of scale, standardize operations, and expand market reach.

The roofing business is inherently recurring. Roof maintenance, repair, and periodic replacement provide steady demand. That makes the industry attractive for consolidators who can optimize operations, centralize procurement, and deploy capital efficiently.

By adding high-quality local contractors, consolidators also tap into strong client relationships and domain expertise that are difficult to replicate organically.

Lower-Middle-Market Roll-Up Perspective

From a lower-middle-market private equity lens, RCA’s acquisition of Springer-Peterson is a textbook roll-up move. Since its founding in 2020, RCA has methodically built a portfolio of regional roofing contractors - Springer-Peterson is its 15th such deal.

• Founder Partnership: RCA retains Springer-Peterson’s leadership, preserving institutional knowledge and customer relationships.
• Brand Autonomy: By letting Springer-Peterson operate independently, RCA respects what made the company successful locally, while layering on strategic support.
• Geographic Expansion: This acquisition further consolidates RCA’s presence in Florida, one of the most competitive and fast-growing roofing markets.
• Platform Synergies: The deal allows RCA to leverage shared infrastructure - for procurement, training, safety, and technology - across its network.
• Capital Efficiency: Compared to building a new footprint, acquiring a mature local player offers a faster and more efficient path to scale.

Why This Sector Is Attractive for Roll-Ups

Several structural factors make the roofing sector highly attractive for roll-up strategies:

• Fragmented Market Landscape: Many strong local roofers remain independent, creating a long pipeline of potential acquisitions.
• Steady Service Demand: Roof systems require ongoing maintenance and replacement, offering recurring revenue.
• Macroeconomic Tailwinds: Real estate growth in Sun Belt states, commercial construction, and infrastructure investment drive roofing demand.
• Labor Constraints: Consolidated platforms can better deploy skilled labor, share training resources, and optimize utilization across regions.
• Risk Diversification: By aggregating multiple roofing businesses, a platform reduces exposure to individual owner risk and local market volatility.

Conclusion

RCA’s acquisition of Springer-Peterson Roofing & Sheet Metal exemplifies its disciplined approach to building a national roofing platform: partner with high-quality, founder-led regional contractors, preserve their identity, and unlock scalable growth. For FirstService, the transaction strengthens its property-services ecosystem. For Springer-Peterson, the deal offers capital, scale, and stability, while honoring the company’s legacy.

For private equity firms and operators in the trades sector, the roofing space continues to present attractive consolidation opportunities - particularly for established local businesses looking for growth capital, continuity, and access to best practices through a strategic partner like RCA.