Trending...
- New plusOne Research Finds the Orgasm Gap Is a 30-Point Chasm — and Confirms It Isn't Biology
- Who Is Dr. Deshawnda Williams?
- 2026 Version of 6-in-1 Estate and Trust Administration Software Released by The Lackner Group
WAYNE, Pa., Sept. 4, 2024 ~ Philadelphia-based private equity firm RCap Equity Partners has announced their majority recapitalization of Northeast Contracting Corp (NECC) in partnership with Monroe Capital LLC and existing shareholders. NECC, founded in 2002 and headquartered in Lorton, Virginia, is a full-service commercial roofing business that specializes in replacement, maintenance, and new installation. Their operations cover the mid-Atlantic region and cater to various industries such as education, government, multi-family, and industrial.
More on The PennZone
Eion Kelley, CEO of NECC, expressed his excitement about the partnership with RCap. He stated that with their support, the company will be able to invest in their team, expand their services and reach, and pursue strategic acquisitions. Matthew Raymon from RCap also shared his enthusiasm for the collaboration with NECC. He believes that this is a promising time for the commercial roofing industry and NECC's top-notch operations make them an ideal partner for RCap.
The partnership between RCap and NECC is expected to bring about significant growth opportunities for both companies. With RCap's backing, NECC aims to further strengthen its position as a leader in the commercial roofing market.
More on The PennZone
- Nayarit's Jungle Coast Redefines Luxury Travel on Mexico's Pacific Now More Accessible Than Ever
- $10 Million Annual Revenue Merger, Profitable Partner in AI Powered Specialty Automotive Sales Projected to Scale Above $200M: Stock Symbol: NWPG
- Virginia Moving Company Nearly Doubles Customer Calls in Two Weeks After Switching to CARL — the Bold New Alternative to WordPress
- JR AIR TOOLS Launches Factory-Direct Air Hydraulic Jacks for Semi Trucks & Commercial Fleets
- RAS AP Consulting Launches Vendor Master File & Payment Controls Assessment for NACHA Phase 2 Compliance
Eion Kelley, CEO of NECC, expressed his excitement about the partnership with RCap. He stated that with their support, the company will be able to invest in their team, expand their services and reach, and pursue strategic acquisitions. Matthew Raymon from RCap also shared his enthusiasm for the collaboration with NECC. He believes that this is a promising time for the commercial roofing industry and NECC's top-notch operations make them an ideal partner for RCap.
The partnership between RCap and NECC is expected to bring about significant growth opportunities for both companies. With RCap's backing, NECC aims to further strengthen its position as a leader in the commercial roofing market.
Filed Under: Business
0 Comments
Latest on The PennZone
- MTV EMA Nominee and WOA Founder Oliver Sean Conferred Doctor of Musical Arts (DMA) Degree
- Ryan Murphy Joins Personal Injury Law Firm Feldman Shepherd
- Karen D. Gentry Announces New Book Focused on Relationships and Personal Growth
- AWARENESS TO WELLNESS: Imhotep Institute Charter High School
- Colonial Nissan Honors Serge Panchenko for 25 Years of Service
- New plusOne Research Finds the Orgasm Gap Is a 30-Point Chasm — and Confirms It Isn't Biology
- CCHR Report Links 145 Violent Incidents to Psychiatric Drug Exposure, Urges National Oversight and Action
- Best Companies Group Launches Free Best Accounting Firms to Work For Program
- Pittsburgh Practitioner Launches #1 Amazon Bestselling Book Built on Nobel Prize–Winning Science
- Food Journal Magazine Unveils Its Latest 'Best of Los Angeles' Culinary Discoveries
- Boston Industrial Solutions Launches Natron® 717S Series: A New Flexible UV LED Ink for Ricoh GH2220 Printheads
- 5 Things NYC Courier Services Won't Tell You About How Same-Day Delivery Actually Works
- Tropidelic Links Up With International Reggae Star Collie Buddz and Eli Mac for Feel-Good Breakthrough Single "Follow Your Nature"
- Save 15 Percent on Florida Keys Accommodations with KeysCaribbean's 'Advance Purchase Rate Discount'
- Atelier 411 Studios and Columbus Fashion Council Present Red Carpet Experience at Gateway Film Center for The Devil Wears Prada 2
- Inclusive Prom "Garden of Glamour" to Celebrate 150+ Special Needs Guests in Bucks County
- Hazel E Celebrates Birthday with Luxury "Goddess" Yacht Experience in Marina del Rey
- Joseph Neibich sits down with Bold Jounrey (aka Joseph Nybyk)
- AI Suite 360 Launches Done-For-You AI Implementation to Rescue SMBs from the "Frankenstein Tax"
- CX Network Releases Report on the Best AI Support Tools for SaaS Companies 2026