Bowstring advises North American Roofing Services on its recapitalization with Silver Oak Services Partners

November 29, 2018 | Atlanta, GA

Bowstring Advisors (“Bowstring”), formerly CHILDS Advisory Partners, served as the exclusive financial advisor to North American Roofing Services (“NAR” or the “Company”), a leading commercial reroofing and maintenance services company, on its recapitalization with Silver Oak Services Partners (“Silver Oak”).

NAR provides comprehensive reroofing and maintenance services, including roof replacement, leak and repair services and preventative maintenance to clients nationwide. The Company focuses exclusively on large, low slope commercial and industrial roofs and is a trusted service partner for its national account client base. NAR has grown rapidly under the leadership of CEO Kelly Wade, and its differentiated client-first approach continues to resonate in the market.

Kelly Wade, CEO of NAR, commented, “The Bowstring team worked tirelessly to guide us through the sale process. The team was comprised of individually unique skill sets, together providing the perfect guidance. They were smart, unbelievably responsive, always brought relevant experience to each situation and had an empathetic understanding of the amount of work challenging myself and my team during the process. Their deep facility services expertise and team approach ultimately ensured the best outcome for our shareholders. We are extremely excited to partner with Silver Oak and I look forward to working with Bowstring again.”

Jason Wallace, Managing Director at Bowstring, added, “NAR is a market innovator with a compelling value proposition in the roofing industry. The Company is an attractive platform with a strong leader in Kelly to deliver future growth. We are excited for the partnership with Silver Oak and look forward to following NAR’s continued success.”

The Bowstring team worked tirelessly to guide us through the sale process. The team was comprised of individually unique skill sets, together providing the perfect guidance. They were smart, unbelievably responsive, always brought relevant experience to each situation and had an empathetic understanding of the amount of work challenging myself and my team during the process. Their deep facility services expertise and team approach ultimately ensured the best outcome for our shareholders. We are extremely excited to partner with Silver Oak and I look forward to working with Bowstring again.

Kelly Wade
CEO
North American Roofing Services