{"id":25048,"date":"2024-04-15T15:00:37","date_gmt":"2024-04-15T19:00:37","guid":{"rendered":"https:\/\/roofingmagazine.com\/?p=25048"},"modified":"2024-04-15T15:00:41","modified_gmt":"2024-04-15T19:00:41","slug":"hci-equity-partners-backed-highland-commercial-roofing-acquires-fidelity-roof-company","status":"publish","type":"post","link":"https:\/\/roofingmagazine.com\/hci-equity-partners-backed-highland-commercial-roofing-acquires-fidelity-roof-company\/","title":{"rendered":"HCI Equity Partners-Backed Highland Commercial Roofing Acquires Fidelity Roof Company"},"content":{"rendered":"\n<p>Highland Commercial Roofing, a commercial roofing service provider backed by&nbsp;HCI Equity Partners, announced that it has acquired Fidelity Roof Company, a full-service roofing provider operating in the Northern California Bay Area. This is Highland\u2019s second acquisition since HCI\u2019s initial platform investment. Financial terms were not disclosed.<\/p>\n\n\n\n<p>Based in Oakland, California, Fidelity provides a full suite of roofing and building enclosure services to commercial, industrial, and other clients across a variety of end markets. Fidelity also specializes in complex, custom roofing projects, including sheet metal, copper, single-ply, and slate roofing systems, and has an established reputation for high quality craftsmanship and customer service.&nbsp;<\/p>\n\n\n\n<p>\u201cFidelity has built a strong reputation in the industry for its commitment to superior craftsmanship, exceptional customer service and innovative roofing solutions,\u201d said Rob Keen, President of Highland Commercial Roofing. \u201cThe combination of Fidelity and Highland will enable us to bring new and expanded resources and capabilities to better serve our employees and customers.\u201d<\/p>\n\n\n\n<p>Scott Gibaratz, Partner at HCI, said, \u201cWe commend the Fidelity team on the stellar business they have built over the past 75 years, and are excited by the milestone that this partnership represents in accelerating the growth of Highland, and expanding the platform.\u00a0We welcome the talented Fidelity team to the platform\u00a0and look forward to working together to achieve our shared vision for growth.\u201d<\/p>\n\n\n\n<p>Cruz-Abrams Seigel LLC served as legal counsel to Highland. TPG Twin Brook Capital Partners provided financing to support the investment. Fidelity Roof Company was advised by FMI Capital Partners, with Donahue Fitzgerald, LLP serving as legal counsel.<\/p>\n\n\n\n<p>For more information about Highland Commercial Roofing, visit&nbsp;<a href=\"http:\/\/www.highlandroof.com\/\">www.highlandroof.com<\/a>.<\/p>\n\n\n\n<p>For more information about Fidelity Roof Company, visit&nbsp;<a href=\"https:\/\/fidelityroof.com\/\">www.fidelityroof.com<\/a>.<\/p>\n\n\n\n<p>For more information about HCI Equity Partners, visit&nbsp;<a href=\"http:\/\/www.hciequity.com\/\">www.hciequity.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Highland Commercial Roofing, a commercial roofing service provider backed by&nbsp;HCI Equity Partners, announced that it has acquired Fidelity Roof Company, a full-service roofing provider operating&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[8],"tags":[11156,11155,6189,305],"jetpack_publicize_connections":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - 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