Go to deals
Private Equity | Construction & Engineering Services

McCurdy-Walden, Inc. has been acquired by Core Roofing Systems

August 2023 — The shareholders of McCurdy-Walden, Inc. have sold the company to Core Roofing Systems.

McCurdy-Walden is a full-service roofing contractor that provides roof replacements, repair and maintenance plans for commercial properties primarily in North Florida and South Georgia. Founded in 1986, the company has more than 70 skilled employees and has an arsenal of the latest commercial roofing tools, including over 30 trucks, motorized roofing equipment, elastomeric coatings spray-rigs, cranes and roll-off dumpsters.

Core Roofing Systems is a fully licensed and bonded commercial roofing contractor, focusing on projects primarily in the southeast US. Core is a portfolio company of Shoreline Equity Partners, a private equity firm headquartered in Jacksonville, Florida, that invests in companies primarily in the southeast. The acquisition of McCurdy-Walden represents Core’s first acquisition since partnering with Shoreline Equity Partners in November 2022. The partnership with McCurdy-Walden expands Core’s presence within Florida and highlights the platform’s aggressive growth strategy to continue building a leading commercial roofing service provider across the southeast and nationally.

Our role in the transaction

Oaklins Heritage in Jacksonville served as the intermediary and exclusive financial advisor to the seller in this transaction.

Parties
“The Oaklins Heritage team was with us every step of the way. They advised us and helped us understand aspects of the transaction which were completely new to us. The sale of our family business, which had been an integral part of our lives for nearly four decades, held profound personal significance. The team not only grasped the deeply personal nature of our decision to sell, but also diligently secured the highest value and most favorable terms for us.”

Mark and Jon Walden

Owners, McCurdy-Walden, Inc.

Talk to the deal team

Joe Hawkins

Principal
Jacksonville, United States
Oaklins Heritage

Howard Serkin

Principal
Jacksonville, United States
Oaklins Heritage

Don Wiggins

Principal
Jacksonville, United States
Oaklins Heritage

Robert Cilek

Director
Jacksonville, United States
Oaklins Heritage

Related deals

Cibus has acquired Aweta from Standard Investment
Private Equity | Agriculture | Industrial Machinery & Components

Cibus has acquired Aweta from Standard Investment

Standard Investment has reached an agreement with Cibus Capital, advisor to the Cibus funds, on the sale of Aweta, a global leader in fruit and vegetable sorting, grading and packing equipment. Completion of the transaction is expected in the coming weeks. The transaction provides Aweta with a strong partner to support the company’s next growth phase. Under Cibus’ ownership, Aweta will pursue further international growth and accelerate investment in R&D, supporting the installed base and product innovation, including software and AI capabilities. Aweta’s leadership team will continue to lead the business.

Learn more
Multi-Tech and AGJ have been acquired by Wicotec Kirkebjerg, part of the Aarsleff Group
Construction & Engineering Services

Multi-Tech and AGJ have been acquired by Wicotec Kirkebjerg, part of the Aarsleff Group

Rent-Tech A/S, including its subsidiaries Multi-Tech A/S and Asger G. Jørgensen A/S (AGJ), has been acquired by Wicotec Kirkebjerg A/S, part of the Aarsleff Group. The transaction creates a strong platform for continued growth and development. With the acquisition of Rent-Tech, Wicotec Kirkebjerg strengthens its position in West Zealand, Denmark, and expands its capabilities in electrical installations and specialized piping and metalwork services. As part of Wicotec Kirkebjerg, the Rent-Tech companies gain access to additional resources, expertise and larger-scale project opportunities while maintaining their local presence, management teams and long-standing customer relationships. All businesses will continue to operate under their existing brands and leadership teams.

Learn more
GroGlass has been acquired by Apogee Enterprises
Private Equity | Other Industries

GroGlass has been acquired by Apogee Enterprises

Apogee Enterprises, Inc. (Nasdaq: APOG), a leading US provider of architectural building products, services and high-performance coated materials, has acquired GroGlass, a Latvia-based developer and manufacturer of high-performance anti-reflective and UV-protective glass coatings. The acquisition brings GroGlass’ differentiated coating technologies and materials science expertise into Apogee’s performance surfaces segment, broadening its product offering and market reach while expanding its manufacturing and R&D presence in Europe.

Learn more