Garnett Station Partners, a New York-based investment firm managing over $2 billion of assets, has launched FirstRidge Service Partners, a residential and commercial services platform focused on roof replacement, repair and other exterior services, in partnership with Abe Hidary, who will serve as CEO.
FirstRidge was formed with a focus on building a network of roofing and exterior service providers through partnering with founders and management teams nationwide. FirstRidge also announced its first partnership with Minnesota-based Ashton McGee Restoration Group to drive growth and expand its geographic footprint in providing customers with a range of roofing services.
“We are incredibly excited about the platform opportunity in residential and commercial services and, in working with Abe, we believe FirstRidge has tremendous potential,” comments Alex Sloane, co-founder and managing partner at Garnett Station. “We are thrilled to provide FirstRidge with growth capital and strategic resources to turbocharge acquisitions and organic growth.”