Founders Advises Exterior Medics in Sale to Infinity Home Services
BIRMINGHAM, Ala. (November 18, 2024) – Founders is pleased to announce that certain principals of Founders Advisors, LLC advised Exterior Medics, Inc. (“Exterior Medics”) in its sale to Infinity Home Services Inc. (“IHS”), a portfolio company of Freeman Spogli & Co. (“Freeman Spogli”). The transaction closed on October 4, 2024.
Exterior Medics is a home-exterior remodeling service provider to residential and multifamily properties across the Washington D.C. metro area. The Company was founded in 2008 and offers a wide variety of building-exterior repair and renovation services including roofing, siding, carpentry, decking, and much more.
Joe LeVecchi and Mark Watson, co-owners of Exterior Medics, stated, “We are extremely excited to be a part of the IHS family. We really appreciate the Founders team working with us every step of the way to find the partner that helped us best achieve our transaction goals. Their knowledge of our industry is second-to-none.”
“We greatly enjoyed the opportunity to work with Joe, Mark, and Ricardo from the Exterior Medics team. We were glad to be able to work with them in finding a partner that allowed them to meet their specific transaction goals. We look forward to seeing what the future holds for each of them and the IHS platform.” said John Sullivan, Managing Director at Founders Advisors.
About Exterior Medics
Founded in 2008 by two best friends, Exterior Medics transforms remodeling in the D.C. Metro area by offering lifetime building solutions for residential and multifamily properties. Services include roofing, siding, windows, doors, masonry, and gutters, with a commitment to quality and customer satisfaction. Today, they build lasting relationships and spaces where memories can flourish. For more information visit www.exteriormedics.com
About Infinity Home Services
Founded in 1997 and headquartered in Wisconsin, Infinity Home Services is a fast-growing, full-service exterior remodeling company led by passionate and experienced industry entrepreneurs. Infinity approaches exterior remodeling with a unique perspective, prioritizing their employees and customers. The company takes great pride in the work they do and understands the importance of protecting customers’ investments. The company’s roofing, siding and window projects are done with the best materials and installed by professional technicians – guaranteeing superior quality every time. Today, Infinity Home Services comprises 22 market-leading brands across the US and Canada. For more information visit www.infinityhomeservices.com
About Founders Advisors, LLC
Founders is a merger, acquisition, & strategic advisory firm serving middle-market companies. Founders focuses on helping companies across industrial, technology, business services, consumer, and healthcare industries. 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, 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