LO3 Capital Announces Investment in Archline Service Partners

25.03.25 15:18 Uhr

NEW YORK, March 25, 2025 /PRNewswire/ -- LO3 Capital, a private investment firm specializing in transformative capital solutions for lower-middle market companies, today announced a senior subordinated debt and equity investment to support Archline Service Partners LLC's ("Archline") acquisition of Premiere Roofing, LLC ("Premiere"). Archline, an existing portfolio company of Colmont Group ("Colmont"), continues to expand its strategic growth in the residential and commercial roofing services sector.

LO3 Capital (PRNewsfoto/LO3 Capital LLC)

Colmont established Archline in January 2024 following its acquisition of ATD Roofing ("ATD") to drive a roll-up strategy within the residential roofing repair and replacement industry. Based in Charlotte, NC, Archline Service Partners is a rapidly growing network of market-leading residential roofing and exterior improvement companies, committed to redefining trusted service across the U.S. The addition of Premiere Roofing strengthens Archline's footprint and reinforces its vision of becoming a premier provider in the sector.

The investment marks LO3 Capital's eleventh since the fund's launch in September 2022. Glenn Harrison, Managing Partner of LO3 Capital, commented, "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."

Houston Stokes, Managing Partner at Colmont Group, added, "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."

About LO3 Capital

LO3 Capital is a minority owned private investment firm committed to helping lower-middle market companies grow. The firm has offices in Nashville, New York and Dallas and targets business with over $3 million of EBITDA across a variety of industries. LO3 Capital partners with management teams, business owners, and private equity firms to finance organic growth, acquisitions, recapitalizations, and ownership transitions. LO3 Capital was previously a division of Live Oak Growth Capital and continues to manage the Live Oak Growth Capital funds. For more information, please visit lo3capital.com

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SOURCE LO3 Capital LLC