Trending...
- New plusOne Research Finds the Orgasm Gap Is a 30-Point Chasm — and Confirms It Isn't Biology
- AWARENESS TO WELLNESS: Imhotep Institute Charter High School
- Boston Industrial Solutions Launches Natron® 717S Series: A New Flexible UV LED Ink for Ricoh GH2220 Printheads
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
- Expanding Into High-Margin Battery Recycling With Black Mass Strategy plus Scaling AI Infrastructure & Global Supply Chain Platform: N A S D A Q: MWYN
- Long-Distance Couples Spend Nearly $7,000 on Travel Before Moving In Together, New Mayflower Research Finds
- Pittsburgh Author Embraces Wisdom in The Principal Thing
- "I'm Sicka Church Too: Give Me Kingdom!" Ignites a Powerful Call for Healing and Truth
- imggpt Launches AI-Powered GPT Image Generator and Photo Editor for Creative Teams
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
- Fulton County DA Fani Willis Officially Endorses Dr. Heavenly Kimes + Black Economic Agenda
- Bellwether Farm Presents Kerry Hill Lamb to His Majesty King Charles III During Historic U.S. State Visit
- Mr. T, Dafne Keen, Ron Perlman, Nick Apostolides, Angela Sant'Albano to FAN EXPO Philadelphia
- New Study Finds Americans Judge Vacations on Value, Not Price — Signaling a Permanent Shift in How Travel Gets Booked
- Pomona Organic Launches New Website, Surpasses 10 Million Bottles Sold, and Opens Affiliate Program to Creators
- Postmortem Pathology Opens Sacramento Office Offering Private Autopsies for Families and Healthcare Investigations
- Postmortem Pathology, a leading provider of private autopsies, has announced its expansion into the Las Vegas market
- Kick'em Out Quick® Evictions Announces a New Endorsed Eviction Attorney in Atlanta / Fulton County, GA
- Why Athletic Recovery Begins in the Nervous System
- A Hidden Magical World Awaits in Ashley Gayheart's Upcoming Young Adult Fantasy, Rosewood Academy: The Awakening
- Scott Ritsema of Bisnar Chase Selected for 2026 National Traumatic Brain Injury Association
- Flint Youth Film Festival Shifts Gears, Becomes Vehicle City Film Festival
- 62% of Gen X have no estate planning documents — Trust & Will research identifies "the Sandwich Gap"
- 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
- New Homesites Released at Heritage at Manalapan Featuring Scenic Golf Course Views
- The Ultimate Solution to Halt Thermal Runaway