192: Private Equity Came Calling: A Journey From Small Roofing Biz to Acquisition with Ty Meredith
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Description
In this episode,  Ty Meredith, co-founder of MHI Roofing and Ugly Roof shares his journey from taking over his uncle's small home improvement business to growing it into a multi-million dollar roofing company. Ty discusses key strategies like focusing on core strengths, hiring people smarter than yourself, developing sales processes, and adding profitable service lines. Ty offers insights on the current private equity trends in the roofing industry and details his own recent deal with Vertex, a fast-growing construction consolidator. Specific topics covered include: - Ty's early days learning the roofing business from his uncle - Shedding less profitable business lines to focus on roofing - Implementing roof rejuvenation as an add-on service - Improving sales processes to raise close rates - Building a positive company culture that retains talent - Evaluating private equity options: roll-ups vs dedicated platforms - Joining forces with Vertex to rapidly expand market share Whether you're looking to grow a roofing business or simply want to hear how one contractor achieved success, this episode delivers. Learn all about Ty's journey and get tactical insights you can apply. If you are a roofing business owner and want to talk to Ty about private equity, or becoming part of the Vertex family, reach out and mention that you saw his interview on Roofing Success! Ty Meredith: https://www.facebook.com/profile.php?id=100009126331552 [email protected] Links:  https://mhiroofing.com https://uglyroof.com https://www.facebook.com/uglyroofllc/ Check out the Pitch Pro Movement:  https://www.pitchpromovement.com/jim Give us your feedback! https://ask.roofermarketers.com/flnm846un For Tips, Strategies, and Free Downloads visit our website and join the Roofing Success Facebook Group: www.facebook.com/groups/1940365569408073/ https://roofermarketers.com The Roofing Success Podcast Text Jim @ (612) 512-1812 – Say Hi! I would love to hear your feedback, pros & cons! Please leave us a review!
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