August 06, 2024
Croft & Bender Advises Southern Exteriors, a Portfolio Company of The Halifax Group, on its Sale to Monomoy Capital Partners
Croft & Bender, a leading middle market investment banking firm, is pleased to announce the successful sale of Southern Exteriors (or the “Company”), a portfolio company of The Halifax Group (“Halifax”), to Monomoy Capital Partners.
Founded in 2000 and headquartered in Jackson, Georgia, Southern Exteriors is a leading installer of siding, roofing and other building products in the southeastern U.S. The company focuses on the residential and commercial construction market and primarily serves national and local homebuilders. In addition to siding and roofing, the company installs gutters, windows, porches and other exterior products. Southern Exteriors serves customers in Georgia, Tennessee, South Carolina, North Carolina, Florida and Alabama.
Halifax, which acquired Southern Exteriors in May 2021, will maintain a minority investment in the Company and continue to support its growth. CEO Aaron Kuhn and the existing management team will continue to lead the company post transaction. Additional terms of the transaction were not disclosed.
Mr. Kuhn said, “We are appreciative of Halifax’s partnership, particularly the financial and operational resources they provided to support our growth. As a strategic partner, they helped refine our new market expansion strategy, further develop our go-to-market plan, and position us for the next phase of growth with both existing and new customers.”
Croft & Bender served as co-financial advisor to Southern Exteriors on the transaction. For more information, please contact Bo Briggs.