CCG Advisors today announced the acquisition of its client, Latite Roofing & Sheetmetal Company, by Lincolnshire Management.  Latite was represented by CCG Advisors, a merger and acquisition firm based in Atlanta specializing in the sale of privately-held businesses.

CCG Advisors worked closely with teams from Latite and Lincolnshire to facilitate the partnership between the two.  “I am happy that the deal is closed and I cannot thank the folks at CCG enough for the support and the hard work required to get this deal across the finish line,” said Steve Struve, president of Latite.

South Florida-based Latite Roofing and Sheet Metal has provided roofing services to national, regional, and local property owners, managers, developers, and builders in both the commercial and residential sectors since 1943.  The company prides itself on its commitment to excellence in roofing and customer service.  CCG Advisors assisted Latite with a previous recapitalization in 2007 when the company was acquired by a private equity group.  At that time, Latite had grown to become the fourth largest roofing company in the United States, with revenues of over $150 million and a workforce of nearly a thousand people.  The company survived the harsh housing recession in Florida by continuing to grow their market share of business and flexibly restructuring the company as needed.  Lincolnshire’s investment will allow Latite’s rich tradition of excellence to continue with a renewed opportunity to grow the company, starting with the strongest balance sheet in the industry.

 “It is a new day at Latite,” said president Steve Struve.  “With the strength of our new financial partner and the injection of cash onto our balance sheet, we are better positioned than any company in our industry in terms of taking advantage of the improving economy.”

CCG Advisors (www.ccgadv.com) is an Atlanta-based merger and acquisition firm specializing in advising owners of privately held companies on business valuation, strategic growth planning, capital alternatives and exit strategies.  CCG represents business owners nationally and across all lines of industry in the sale, recapitalization or ESOP of their companies.  The referrals and goodwill of our clients are a testament to CCG’s record of building real and lasting client relationships.  CCG is committed to helping clients to achieve their personal, financial and business goals at the right time for maximum value.