BIRMINGHAM, AL. (January 30, 2024) – Founders is pleased to announce that Ridgeline Roofing & Restoration, LLC (“Ridgeline Roofing”), a premier provider of residential roofing services across the Southeastern US, has been recapitalized by Bertram Capital Management, LLC (“Bertram Capital”), a middle-market private equity firm based in Foster City, CA. Ridgeline Roofing was exclusively advised by principals of Founders Advisors (“Founders”) in this transaction.

Ridgeline Roofing, founded and led by Chris Baldus and Scott Bullard, has rapidly grown across the Southeast since it was founded just four years ago. The Company has attracted top industry talent and built a thriving, growth-oriented culture. The strategic partnership with Bertram Capital positions the Company to accelerate growth within existing and new markets while continuing to deliver high-quality re-roofing services to its valued customers.

“We are thrilled to join forces with Bertram! This partnership represents a tremendous opportunity for us to accelerate our growth,” said Chris Baldus, Co-Owner and CEO of Ridgeline Roofing. Scott Bullard, Co-Owner and President of Ridgeline remarked, “Tom and the team at Bertram share our values, and we are confident that this collaboration will lead to even greater success in the future for us and our team, who will benefit the most from this partnership.”

“We are pleased to welcome Ridgeline Roofing’s team to Bertram,” said Tom Beerle, Partner at Bertram Capital. “Ridgeline has established itself as a leader in the roofing and restoration sector, and we are excited to support its continued growth and success. This partnership aligns with our investment strategy of partnering with exceptional companies poised for expansion.”

“It has been a pleasure to collaborate with the impressive teams at Ridgeline and Bertram to achieve this important milestone for Chris and Scott,” said Wayne Vacek, Managing Director at Founders Advisors. “Ridgeline’s commitment to quality and innovation, combined with Bertram’s strategic vision, digital capabilities, and capital, position the Company to become the leading residential roofer in the Southeast.”

The partnership is expected to be seamless for Ridgeline Roofing and Restoration’s clients, employees, and partners. With both Co-Owners remaining in their current positions at the Company, and Bertram’s expertise with founder-owned businesses, the Company will continue to operate with its unwavering dedication to delivering top-tier roofing and restoration services.

About Ridgeline Roofing

Founded in 2020, Ridgeline Roofing and Restoration, LLC is a Birmingham-based roofing and restoration company specializing in residential roofing services. With a reputation for excellence and a commitment to customer satisfaction, Ridgeline has become a trusted leader in the industry. For more information on Ridgeline Roofing please visit www. ridgeline-roofing.com.

About Bertram Capital

Bertram Capital is a private equity firm targeting investments in lower middle market companies. Since its inception in 2006, the firm has raised over $3.5B of capital commitments. In addition to supplying strategic growth capital, Bertram Capital leverages proprietary processes and services, Bertram High-5sm and Bertram Labs, to empower its portfolio companies to unlock their full business potential. The Bertram High-5sm is an operationally-focused value creation strategy, which includes management augmentation, operational initiative implementation, complementary business acquisition, sales and marketing improvements, and leveraging technology and IP. The cornerstone of this strategy is Bertram Labs, its in-house technology team, which drives growth and value through digital marketing, e-commerce, big data and analytics, application development, and internal and external platform optimization. Visit http://www.bcap.com for more information.

About Founders Advisors

Founders is a merger, acquisition, & strategic advisory firm serving middle-market companies. Founders focuses on helping companies across various sectors including restaurants, consumer brands, technology, business services, industrial services, industrial technology, and healthcare. Founders’ skilled professionals, proven expertise, and process-based solutions help companies access growth capital, make acquisitions, and/or prepare for and execute liquidity events to achieve specific financial goals. In order to provide securities-related services discussed herein, certain principals of Founders Advisors, LLC are licensed with Founders M&A Advisory, LLC, member FINRA and SIPC. Founders M&A Advisory, LLC is a wholly owned subsidiary of Founders Advisors, LLC. Founders Advisors, LLC does not provide investment advice. For more information, please visit www.foundersib.com.