Bertram Capital has sold ReVamp Companies, a residential concrete coatings, fencing, and decking installation provider, to middle-market private equity firm Calera Capital, marking Bertram’s first realization from Fund IV and its 22nd exit since launching in 2006.
ReVamp is headquartered in Freeport, Illinois, and operates a national residential services platform focused on concrete coating solutions for garages, basements, patios, pools, driveways, and other indoor and outdoor areas, along with residential fencing services with an emphasis on vinyl offerings. Terms of the transaction were not disclosed.
Bertram invested in ReVamp in February 2022 and said it helped scale the business through organic initiatives and add-on acquisitions, expanding the company’s geographic footprint, broadening services, and investing in customer lead generation and operational capabilities. Bertram also highlighted its internal resources, including Bertram Labs, as part of its value-creation approach.
Support: Piper Sandler advised on the sale process, led by Rob Parker and Eric Van Dam, with Houlihan Lokey also assisting, led by Tony Meixelsperger.
KEY QUOTES:
“The past four years have been an amazing ride with the ReVamp organization. Working alongside the team, we have expanded the Company’s geographic footprint, enhanced its service offerings through organic growth initiatives and strategic acquisitions, and invested in sophisticated customer lead gen and operational capabilities.”
Tom Beerle, Partner, Bertram Capital
“Bertram has been a great partner throughout our journey. They took a bet on us and together we built something special in the home services market. I appreciate their strategic insights, Bertram Labs support, and commitment to building a scalable platform and I’m excited for the next phase of the Company’s evolution.”
Jeff Gear, Founder and CEO, ReVamp
