16 Dec 2020
https://www.radiusplus.com/keyword/trachte-building-systems, Inc. has announced the acquisition of three related businesses located in Vernon, Alabama: https://www.radiusplus.com/keyword/roof-mart, LLC, https://www.radiusplus.com/keyword/made-right, LLC, and Metal Land, LLC.
This https://www.radiusplus.com/keyword/acquisitions will provide Trachte Building Systems with a new operating platform that will improve its position as a leading resource for https://www.radiusplus.com/keyword/self-storage-building-systems, steel curtain doors, refurbishment services and public safety training systems. It will also provide the required resources to accelerate the growth of Roof Mart and Made Right Buildings.
Trachte has also announced that Joe McNees, current COO of the Roof Mart companies, will be joining the Trachte organization as General Manager for the new Roof Mart division of Trachte Building Systems.
The Trachte company welcomes its new teammates and looks forward to continuing the valued relationships with customers and suppliers of Roof Mart and Made Right.
“Roof Mart’s entrepreneurial roots and customer-focused culture make the Roof Mart team a natural fit with https://www.radiusplus.com/keyword/employee-ownership. We welcome the Roof Mart teammates to the Trachte team. We will invest in our Vernon operation to enhance the value of all of our combined products and services for our customers.” Jeff Burbach, CEO Trachte Building Systems.
TKO Miller, an independent bank who provided https://www.radiusplus.com/keyword/merger-and-financial-advisory-services for the deal, also commented on the acquisitions.
"The acquisition of Roof Mart allows Trachte to add a new https://www.radiusplus.com/keyword/manufacturing-facility in the Southeastern U.S., which gives it access to new customers and end markets, and further establishes Trachte's market-leading position," said Tammie Miller, Managing Director at TKO Miller. "Roof Mart's complementary steel fabrication capabilities will further strengthen Trachte's existing operations in the https://www.radiusplus.com/keyword/prefabricated-metal-buildings market and allow it to more readily service a truly national footprint. Overall, the transaction represents an ideal match between parties, both operationally and culturally."
"With our combined operations, we're excited to begin working with the talented Roof Mart team to rapidly expand our market position and continue to build upon the strong legacy that Roof Mart has established, all while offering its employees the opportunity to build wealth and grow in their careers as new members of the Trachte ESOP," said Jeff Burbach, Chief Executive Officer, Trachte Building Systems.
Founded in 1901, https://www.radiusplus.com/keyword/trachte-building-systems, Inc. is an employee-owned company and a leading manufacturer of metal prefabricated buildings and components for self-storage, fire training towers, and tactical training facilities. The company creates high quality individualized solutions with its extensive industry knowledge and vertically integrated capabilities – designing, engineering, manufacturing, and erecting.
The https://www.radiusplus.com/keyword/roof-mart companies were started by Robert McNees in 2004 and are based in Vernon, Alabama. Roof Mart and https://www.radiusplus.com/keyword/made-right manufacture and market metal roof panels, wall panels, trims, trusses, sheds, and post and beam building packages. They also erect post-frame buildings.
https://www.radiusplus.com/keyword/tko-miller, LLC is an independent, advisory-focused, middle market investment bank. With over 130 years of collective transaction experience, TKO Miller provides https://www.radiusplus.com/keyword/merger-and-financial-advisory-services for privately held and private equity-owned businesses, with a special focus on family-and-founder-held businesses.
TKO Miller aims to bring value to clients by combining outstanding people with a results-oriented, flexible approach to transactions. Our services include company sales, recapitalizations, asset divestitures, and management buyouts. TKO Miller has a generalist focus but has served clients in a wide range of industries, including manufacturing, business services, consumer products, and industrial products and services. For more information, visit our website www.tkomiller.com.
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