Trending...
- BumblebeeSmart Introduces Rounded Busy Board Set for Preschoolers
- Dispelling Holiday Suicide Myth: CDC Data Shows Suicide Rates Lowest in December; International Survivors of Suicide Day Emphasizes Need for Action
- New Smile Now Introduces RAYFace 3D Scanner to Advance Digital Surgery
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
- Guests Can Save 10 Percent Off New Vacation Rental Homes at KeysCaribbean's Village at Hawks Cay Villas
- Paylode Acquired by Moved to Power the Next Generation of Ancillary Revenue Automation
- Global Preschool Giants Unite to Celebrate the 12th Anniversary of Badanamu's Hit Song "Ponytail"
- America's Leading Annuity Expert Carlton Cap Averil II Joins Tom Hegna on "Financial Freedom with Tom Hegna"
- Cheeron Partners with CRCC to Support Shanghai East Railway Station
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
- Chuckie F. Mahoney Memorial Foundation Funds Program to Curb Cyber Bullying in Burgettstown Schools
- Why Gourmet Steaks Are the Perfect Holiday Gift
- Together We Dance Foundation Thrives Through Donor and Athlete Support
- Platinum Plumbing Launches First Veteran Hot Water Heater Giveaway to Honor Local Heroes
- Cut Costs & Boost Profits with the First Major Upgrade in 30 YEARS Replacing Rotary Lasers and Historic Clear Tube Altimeter Bubbles
- Inframark Expands Its Specialized Automation and Intelligence Capabilities, Adds Dmytryka Jacobs Engineers
- Sustainable Santa Returns to Old Sacramento
- Upcoming Launch of Retail Crypto Cloud Mining Platform with Daily Rewards in a Transparent Revenue-Share Model: iMD Companies, Inc. Stock Symbol: ICBU
- BumblebeeSmart Introduces Rounded Busy Board Set for Preschoolers
- CRH Healthcare Opens 100th Urgent Care Clinic with Second Peachtree Immediate Care Location in Covington
- COHN Named Colorado State-Approved Vendor for Advertising & Marketing Services
- The Kryder Law Group, LLC Report Reveals Commercial Air Travel Is Safer Than You Think
- RTC Communications Preliminarily Awarded $3.1 Million Federal BEAD Grant to Expand Fiber Broadband in Southern Indiana
- She's Been Ready for Weeks, He Starts in the Final 72 Hours – The Great Christmas Shopping Divide
- Following a Global Sell-Out, The World's No.1 Superstar™ Unveils a Fashion Line Rebrand
- IDCXS Exchange Founder Travels to Angola for Strategic Cooperation Talks
- 2026 NBA Mock Draft: New Wave of Franchise Talent Emerges in Early Lottery Projections
- Bad Bunny Leads 2026 Grammys Album of the Year Odds, Lady Gaga Emerges as Top Challenger
- Metro Detroit teen Lola Winters turns viral TikTok fame into a sold-out clothing brand
- ReedSmith® Celebrates Innovative Founders at TCVN's Survivor™ XII at SoCal Startup Day