Quick Roofing Company Profile

Background

Overview

Quick Roofing is a full-service roofing company specializing in residential and commercial new construction, roof replacement, repair, maintenance, and storm damage restoration. Founded in 1984 by Jeff Quick, the company has completed over 165,000 roofing projects, establishing a strong presence in the industry.

Mission and Vision

Quick Roofing's mission is to provide high-quality roofing services with integrity and reliability, ensuring customer satisfaction through expert craftsmanship and dependable service. The company's vision is to be a trusted leader in the roofing industry, recognized for excellence in service and quality.

Primary Area of Focus

The company focuses on delivering comprehensive roofing solutions, including new roof installations, replacements, repairs, and maintenance for both residential and commercial clients. Additionally, Quick Roofing offers storm damage restoration services, assisting homeowners and businesses in recovering from severe weather events.

Industry Significance

With over 35 years of experience, Quick Roofing has become a significant player in the roofing industry, known for its extensive network of builders and long-standing relationships with roofing crews, which contribute to consistent quality and reliability.

Key Strategic Focus

Core Objectives

Quality Assurance: Maintaining high standards in roofing installations and repairs to ensure durability and customer satisfaction.

Customer Service: Providing responsive and transparent communication throughout the project lifecycle.

Expansion: Growing the company's footprint by establishing additional service locations across various regions.

Specific Areas of Specialization

Residential Roofing: Offering new roof installations, replacements, and repairs tailored to homeowners' needs.

Commercial Roofing: Providing roofing solutions for commercial properties, including multi-family units and large-scale buildings.

Storm Damage Restoration: Assisting clients in repairing and restoring roofs damaged by severe weather events.

Key Technologies Utilized

Advanced Roofing Materials: Utilizing high-quality shingles, metal roofing systems, and energy-efficient materials.

Digital Project Management Tools: Employing software for project scheduling, budgeting, and communication to enhance efficiency.

Primary Markets Targeted

Residential Sector: Homeowners seeking reliable roofing services for new constructions, replacements, and repairs.

Commercial Sector: Businesses and property managers requiring roofing solutions for commercial buildings and multi-family units.

Geographical Reach: Serving areas including Texas, Oklahoma, Georgia, Florida, and other regions with multiple service locations.

Financials and Funding

Funding History

Quick Roofing has experienced steady growth since its inception, with annual revenues estimated between $10 million and $25 million. In January 2024, the company was acquired by Centre Partners Management LLC, indicating a strategic move to expand resources and capabilities.

Utilization of Capital

The capital from the acquisition is expected to be utilized for:

Expansion of Service Areas: Establishing new locations to serve a broader customer base.

Technology Upgrades: Investing in advanced roofing technologies and project management tools.

Staff Training and Development: Enhancing employee skills to maintain high service standards.

Pipeline Development

Key Pipeline Candidates

As a service-oriented company, Quick Roofing's pipeline focuses on:

New Construction Projects: Securing contracts for upcoming residential and commercial developments.

Roof Replacement Contracts: Identifying opportunities for replacing aging roofs in both residential and commercial sectors.

Storm Damage Restoration Projects: Engaging in restoration efforts following severe weather events.

Stages of Development

Project Acquisition: Bidding and securing contracts for new projects.

Project Execution: Planning and executing roofing installations and repairs.

Post-Project Support: Providing maintenance and warranty services to ensure customer satisfaction.

Target Conditions

Residential Roofing Needs: Addressing requirements for new homes, roof replacements, and repairs.

Commercial Roofing Needs: Catering to the roofing demands of commercial properties and multi-family units.

Storm Damage Restoration: Offering services to repair roofs damaged by hail, storms, and other severe weather conditions.

Anticipated Milestones

Expansion Milestones: Opening new service locations in targeted regions.

Technology Integration: Implementing new technologies to improve service delivery and operational efficiency.

Customer Satisfaction Goals: Achieving high customer satisfaction ratings through quality workmanship and reliable service.

Technological Platform and Innovation

Proprietary Technologies

Quick Roofing utilizes advanced roofing materials and project management tools to enhance service quality and efficiency.

Significant Scientific Methods

Roofing Material Selection: Employing industry best practices in selecting durable and energy-efficient materials.

Project Management: Utilizing digital tools for scheduling, budgeting, and communication to streamline operations.

Leadership Team

Key Executives

Jeff Quick: Founder and CEO, established the company in 1984 and has been instrumental in its growth and success.

Eric Armstrong: Owner/President, overseeing operations and strategic direction.

Kerry Quick: Senior Executive Assistant, managing administrative functions and supporting leadership.

Professional Backgrounds

Jeff Quick: With a background in construction and roofing, Jeff has led Quick Roofing from its inception, focusing on quality and customer satisfaction.

Eric Armstrong: Bringing experience in business management and operations, Eric contributes to the company's strategic initiatives.

Kerry Quick: Providing administrative support, Kerry ensures smooth operations and effective communication within the company.

Key Contributions

Jeff Quick: Developed the business model emphasizing long-term relationships with builders and roofing crews, ensuring consistent quality.

Eric Armstrong: Implemented strategies for expansion and operational efficiency, contributing to the company's growth.

Kerry Quick: Streamlined administrative processes, enhancing overall productivity and customer service.

Competitor Profile

Market Insights and Dynamics

The roofing industry is characterized by a large number of small to medium-sized companies, with a few large players dominating the market. The demand for roofing services is influenced by factors such as new construction activities, weather patterns, and economic conditions.

Competitor Analysis

Beacon Roofing Supply, Inc.: A leading distributor of roofing materials with over 500 locations across North America.

CentiMark Corporation: A prominent roofing contractor with over 80 offices and 3,500 associates across North America.

Strategic Collaborations and Partnerships

Quick Roofing has established partnerships with top roofing manufacturers, including Owens Corning, GAF, and CertainTeed, ensuring access to high-quality materials and products.

Operational Insights

Quick Roofing differentiates itself by maintaining consistent crews through long-standing relationships with builders and roofing professionals, ensuring high-quality workmanship and reliability.

Strategic Opportunities and Future Directions

The acquisition by Centre Partners Management LLC presents opportunities for Quick Roofing to expand its service offerings, invest in technology, and enter new markets, positioning the company for continued growth and success.