Corbel Capital Partners and Sea Pine Equity Partners have invested in Executive Exteriors, a Texas-based provider of specialty roofing and exterior restoration services.
The partnership will provide capital and operational resources to support new branch openings, expand the company’s sales organization, invest in technology and infrastructure, and acquire complementary roofing and exterior services businesses.
Drake Gordon founded Executive Exteriors in 2018, which provides specialty roofing, insurance claim support, and exterior restoration services for residential and commercial customers.
As part of the transaction, Gordon will retain a significant ownership position and continue leading Executive Exteriors as Chairman and CEO.
The investment is structured to maintain the company’s founder-led model while giving it access to additional financial, strategic, and operational capabilities from Corbel and Sea Pine.
Corbel Capital Partners manages more than $1 billion of institutional capital and provides flexible debt and equity to lower-middle-market companies.
Sea Pine focuses on lower-middle-market service businesses and partners with founders to accelerate growth while preserving existing company cultures.
KEY QUOTES:
“Executive Exteriors has reached an exciting milestone in its evolution, and finding the right partners was every bit as important as finding the right capital. From the beginning, our priority was building a true partnership that allows Executive Exteriors to remain founder-led while accelerating our long-term vision.”
Drake Gordon, Founder and CEO of Executive Exteriors
“Drake and his team have built a standout business with a strong reputation and meaningful runway to grow both organically and through acquisition.”
Bill Hobbs, Managing Partner of Sea Pine Equity Partners
“Executive Exteriors is an excellent example of the founder-led businesses Corbel seeks to support alongside experienced independent sponsors.”
Sean McKelvey, Managing Director at Corbel Capital Partners
