Capitala Group Supports Acquisition of Fargo Roofing & Siding by Aligned Exteriors Group
Capitala Group Supports Acquisition of Fargo Roofing & Siding by Aligned Exteriors Group
CHARLOTTE, NC, April 24th, 2024 -- Capitala Group (“Capitala”), a Charlotte-based firm providing private credit and private equity to small businesses, is pleased to announce that it has recently provided a first-lien loan facility and minority equity co-investment to support the acquisition of Fargo Roofing & Siding, LLC (“Fargo Roofing” or the “Company”) by Aligned Exteriors Group (“AEG”). Based out of Fargo, North Dakota, Fargo Roofing is a roofing services company that provides repair and replacement services to residential and small commercial properties.
AEG is financially backed by River Sea Network and Pearl Street Capital Partners and aims to partner with best-in-class roofing companies and owners that align with its core values and become the partner of choice for founders and management teams across the greater exteriors sector. Capitala funds will support the Company’s ongoing growth.
About Capitala Group
Capitala Group is an asset management firm that has been providing private credit and private equity capital to lower- and middle-market businesses throughout North America for over twenty-five years. Since our inception in 1998, Capitala has invested over $2.2 billion into small businesses utilizing our flexible capital mandate which provides creative financing solutions to companies. We seek to partner with strong management teams to create value and support growth through strategic partnerships, operational expertise, and a shared vision for success.
Press Contact:
Katina Cole Jakubowski
Director of Marketing
kjakubowski@capitalagroup.com