Addition establishes a platform in Florida’s essential building services market
Latite positioned to leverage Sun Capital’s operational expertise and M&A strategy to accelerate growth
BOCA RATON, FL – January 8, 2025 – Sun Capital Partners, Inc. (“Sun Capital”), a leading private investment firm focused on defensible businesses in growing markets with tangible performance improvement opportunities, today announced its affiliate has completed the acquisition of Latite Roofing & Sheet Metal (“Latite” or the “Company”), Florida’s largest provider of roofing services to both commercial and residential customers.
Founded in 1943, Latite provides comprehensive roofing solutions, including re-roofing, service/repair and new construction. Over its 80+ year history, the Company has worked on a range of complex and large scale commercial and residential projects in Florida, serving a high caliber roster of property owners and general contractor customers.
“We are thrilled to partner with Latite as a platform in the growing Florida building services market,” said Matthew Joblove, Principal at Sun Capital. “We look forward to supporting the Latite team with our strategic insights and operational resources to help drive growth and solidify its leadership position. This partnership is a natural extension of our approach to working with services businesses to create long-term value for all stakeholders.”
The roofing industry, particularly in Florida, is expected to see sustained growth driven by re-roofing demand and ongoing construction activity. Latite is well-positioned to capitalize on these opportunities given its strategic footprint, scale, and diverse set of roofing capabilities.
“This is a pivotal moment for Latite, and we’re thrilled to begin this next chapter with Sun Capital,” said Jeff Burks, CEO of Latite Roofing & Sheet Metal. “Their operational expertise, local presence in Florida, and M&A approach are a great fit for our business. Together, we’ll build on our 80+-year history of delivering exceptional service to our customers.”
For more information, please visit, www.latite.com.