LO3 Capital Announces Investment in Archline Service Partners

Whats Happening:

LO3 Capital, a private investment fund, has made a senior subordinated debt and equity investment to support Archline Service Partners LLC's acquisition of Premiere Roofing, LLC. This move expands Archline's strategic growth in the residential and commercial roofing services sector. Archline, established by Colmont Group in January 2024, is pursuing a roll-up strategy within the residential roofing repair and replacement industry.

Key Moves:

• LO3 Capital invests in Archline Service Partners to support Premiere Roofing acquisition

• Archline expands its footprint in residential and commercial roofing services

• Investment marks LO3 Capital's eleventh since fund launch in September 2022

By The Numbers:

• LO3 Capital targets businesses with over $3 million of EBITDA

• Archline Service Partners established in January 2024

• LO3 Capital's eleventh investment since September 2022

Key Quotes:

• "We are thrilled to partner with Colmont and support their impressive expansion in the Southeast. We look forward to contributing to their continued success and growth." - Glenn Harrison, Managing Partner of LO3 Capital

• "We are excited to welcome Premiere Roofing to the Archline family. This partnership aligns with our mission of enhancing Archline's best-in-class service offerings while expanding its reach to an ever-growing customer base." - Houston Stokes, Managing Partner at Colmont Group

Bottom Line:

LO3 Capital's investment in Archline Service Partners demonstrates the fund's commitment to supporting growth in the lower-middle market. This strategic move strengthens Archline's position in the residential and commercial roofing services sector, while also marking LO3 Capital's continued expansion of its investment portfolio since its launch in 2022.

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