Monroe Capital has secured a senior credit facility and equity co-investment to facilitate the majority recapitalization of Northeast Contracting Corp. by RCap Equity Partners.

Information on the Target

Northeast Contracting Corp. (NECC), established in 2002 and based in Lorton, Virginia, specializes in a range of commercial roofing services. These services include re-roofing, installation, as well as repair and maintenance, primarily serving the D.C., Maryland, and Virginia regions. NECC caters to a diverse clientele across several sectors, including education (K-12), government, multi-family housing, industrial facilities, and data centers.

Industry Overview in the Target’s Specific Country

The commercial roofing industry in the United States has shown consistent growth due to the increasing demand for robust infrastructure and ongoing investments in construction and renovation. With the growing emphasis on energy-efficient roofing solutions, companies like NECC are positioned to benefit from this trend as they adapt to meet evolving market needs.

In particular, the Mid-Atlantic region, where NECC operates, has witnessed significant development in both public and private sectors. The expansion of educational institutions, government buildings, and multi-family housing pr