Auctus Capital Partners advised leading commercial roofing service provider Northeast Contracting Corp on recapitalization

Auctus Capital Partners is pleased to announce its role as exclusive advisor to Northeast Contracting Corp (NECC).

NECC is the regional leader in full-service roofing, repair and maintenance services in completing a majority recapitalization with Renovus Capital. The transaction was led by Auctus Managing Partner, Muhammad Azfar, with support from Auctus Director Ovais Siddiqui. Kilpatrick Townsend and Stockton served as the legal counsel to NECC.

“It was a privilege representing Northeast Contracting Corp., and it was a true pleasure working with its leadership and being a part of their journey as they position the company for its next growth phase,” said Muhammad. “The transaction enables the company to pursue new growth strategies with resources to expand its service offerings and geographic footprint.”

Founded in 2002, Northeast Contracting Corp is a premier full-service roofing and exterior services provider focused on customers in the commercial, institutional and industrial end markets across the Mid-Atlantic. The company provides retrofits, new roofing design and installation services, including in-house fabrication capabilities and planned and preventative roofing maintenance services.

“We were extremely impressed with Mo and his team at Auctus Capital Partners,” said Eion Kelly, president and founder of Northeast Contracting Corp. “The team’s understanding of our industry, as well as the needs of our organization and professionalism throughout the process, ensured a successful transaction and a terrific outcome for everyone involved.”

RCap/Renovus Partner Matthew Raymon added, "We look forward to partnering with the NECC team and supporting their continued success. This is an exciting time in the commercial roofing industry and NECC has built a best-in-class operation."

For more information, visit neccroofing.com.

About Auctus Capital Partners

Auctus Capital Partners is a leading financial services and investment banking firm focused exclusively on creating value for the lower middle market. We specialize in merger & acquisition advisory, institutional private placements of debt and equity, financial restructuring, valuation and strategic consulting. Our senior bankers have deep domain expertise across a range of industries, with the necessary foresight to navigate highly complex transactions to maximize value and achieve optimal outcomes for clients. For additional information, visit www.AuctusCapitalInc.com.

About Northeast Contracting Corporation

Northeast Contracting Corp provides end-to-end roofing, repair and maintenance services with deep expertise in designing, fabricating, installing and maintaining the broadest portfolio of professional roofing systems, including flat, low and steep-slope structures and sheet metal services. neccroofing.com/.

About Renovus Capital Partners

Founded in 2010, Renovus Capital Partners is a lower middle-market private equity firm specializing in the Knowledge and Talent industries. From its base in the Philadelphia area, Renovus manages over $1.5 billion of assets across its several sector-focused funds. The firm's current portfolio includes over 25 U.S. based businesses specializing in education and workforce development and services companies in the technology, healthcare and professional services markets. Renovus typically makes control buyout investments in founder-owned businesses, leveraging its industry expertise and operator network to make operational improvements, recruit top talent and pursue add-on acquisitions. www.renovuscapital.com.