Centre Partners, a middle market private equity firm with offices in New York and Los Angeles, has acquired Quick Roofing, a residential and commercial roofing service provider with operations in nine states across the Southwest, Southeast and Great Plains.

Founded in 1984 and headquartered in the Dallas-Fort Worth metro area, Quick offers a suite of roofing and related services, including roof repair and replacement, new roof installation, solar panel installation and other exterior home services to a range of national and local customers. Quick’s CEO, Eric Armstrong, a veteran roofing operator with over 20 years of experience in the industry, has invested alongside Centre Partners and will continue to lead the business alongside the existing management team.

“The roofing industry is characterized by long-term secular tailwinds based on an aging housing stock and chronic underbuilding, as well as high levels of fragmentation that provides a foundation for Quick’s continued organic and acquisition-driven growth,” states Daniel Brinkenhoff, a managing director at Centre Partners.

Fidelity Direct Lending LLC provided debt financing for the transaction.