BizGro Partners has acquired Lake Champlain Roofing LLC, a client of M&A advisor Generational Equity.
LCR is a roofing contractor located in Plattsburgh, New York and is a certified contractor with Owens Corning, Carlisle, CertainTeed and GAF. BizGro focuses on purchasing well-established profitable B2B firms that produce profitable returns on capital, sustainable wealth and ongoing cash flows.
“LCR has established a strong reputation, a result of three generations of integrity and experience,”said Moses Shmueli, managing director of M&A at Generational Equity. “BizGro Partners, who has been actively building a national portfolio of roofing companies, immediately recognized this value.”