United’s Founder, Seth Bedell, Will Lead Expansion Plans For The Southeast
ST PETERSBURG, FL – TUESDAY, April 21, 2020 Always an entrepreneur, Seth Bedell started United Roofing & Construction Services more than a decade ago, grew the Company into a multi-million dollar, professional roofing company primarily servicing the commercial market, and made the decision to take the Company to market while remaining flexible about his role, post transaction.
“Aberdeen Advisors was recommended to me by a friend based on their experience with contractors and trade partners,” said Seth Bedell. “From the onset, Hank Riner and the Aberdeen team provided the guidance needed to get a deal done. They listened when I told them about the ongoing expectations for my team and for the culture I had built and I am confident they identified the best buyer, Dynamic Roofing and Mantucket Capital, based on the criteria most important to me.”
“After conducting a nationwide search, we reviewed multiple offers with Seth and he ultimately chose Dynamic to partner with and help him continue the growth and expansion of United Roofing,” noted Hank Riner, leading M & A Advisor of Aberdeen Advisors. “Although most sales transactions are not without incident, this transaction, in particular, overcame the very serious challenge of Covid-19. Licensing transfers and other standard checklist items were delayed significantly as a result of the economy essentially shutting down.”
Added Emery Ellinger, Chief Executive Officer of Aberdeen, “We take great pride in being able to get United Roofing sold during the middle of a worldwide pandemic. Seth built a solid company and it was our pleasure representing him throughout the process to a successful outcome.”
Southeastern-based Aberdeen Advisors is a leading mergers and acquisitions firm, specializing in sell-side transactions, representing successful companies, across all industries, with revenues in the $ 5 million to greater than $ 100 million range. Aberdeen’s advisory team guides business owners through the complex process of selling a business. Comprised of former business owners and operators, Aberdeen’s deal teams have a comprehensive understanding of the sales process.