White Plains, New York — September 25, 2020 – Deutsch Capital LLC today announced that it closed on a co-investment with Monument MicroCap Partners, LLC in conjunction with a recapitalization of Kelly Roofing Holdings, LLC. Founded in 1972 and based in Bonita Springs, FL, Kelly Roofing installs replacement residential and commercial roofing systems, and repairs existing roofs in South Florida. Services include roof replacement, roof repairs, accessories (gutters, skylights, roof cleaning, etc.), and inspection and insurance claims.
Mark Deutsch, President of Deutsch Capital, said, “Having spent most of my career in the building products industry, I recognize and appreciate Kelly Roofing’s high quality business which has enabled the company to be a preeminent roofing business in its markets. I have also known Bob Erwin, CEO of Monument, for over 20 years. I am very pleased to partner with the team at Monument MicroCap on its first building products deal. This is Deutsch Capital’s second investment with Monument and I look forward to working with Bob and his firm in the future.”
ABOUT KELLY ROOFING
Kelly Roofing has been serving the South Florida market for nearly 50 years through its 11 offices, including locations in Naples and Fort Meyers. The company has expertise in all kinds of roofs, including tile, shingle, flat and metal. Services include roof replacement, roof repairs, installation and repairs of gutters and skylights, roof cleaning, inspection and insurance claims, and emergency repair work. The company was named Best Roofing Contractor in South Florida in 2020. Kelly Roofing is state-certified, fully licensed and fully insured. To learn more, visit www.KellyRoofing.com.
ABOUT DEUTSCH CAPITAL
Based in White Plains, NY, Deutsch Capital is a private equity firm that invests in lower middle-market companies across a wide range of industries. Typical investments are in privately owned niche manufacturing, business services and building products companies with sales of $10 million to $75 million. Selectively, the firm also invests in early stage businesses. To learn more, visit www.DeutschCapital.com.