Excel Roofing buys residential division of Highland Roofing
Highland Roofing Company Sells Residential Division to Excel Roofing Company.
Highland Roofing Company has sold its residential division to Excel Roofing Company for an undisclosed sum, effective November 9th 2015. Employees of the companies were informed of the sale this weekend.
Excel Roofing is owned by Sady Escalante, is headquartered on 1624 Castle Hayne Rd Wilmington NC, and began operations in 2009. Highland Roofing was established in 2005 by Iain Fergusson, and recently celebrated its 10th anniversary.
The sale was privately negotiated between the two owners, whose relationship dates back to 2005. Mr. Escalante was an employee of Highland Roofing for 4 years until 2009, when he departed on good terms to start his own business.
One employee will be transferring to Excel Roofing, all others involved will remain at Highland Roofing. No jobs will be lost as part of this sale.
Both owners are first generation Americans; Mr. Escalante was born in Honduras and immigrated to the US in 1990 and graduated from NC State University with a civil engineering degree in 2003. Mr. Fergusson was born in the UK and immigrated in 1997, after meeting his wife Rebecca, an NC Native, at Glasgow University.
“This sale will allow me to allocate all resources toward taking care of our commercial customers, who are keeping us very busy! Mr. Escalante was a great employee of mine for over 4 years, his business is established and growing, and I know he will take very good care of my residential customers”
Iain Fergusson, Highland Roofing
“We have been growing at a steady pace and now with this transaction are in line to became one of the largest residential roofing contractors in town. Mr. Fergusson has always been an honorable person to deal with and given his company’s reputation and our quality of customer service, this business deal will benefit both our companies and our customers as well.”
Sady Escalante, Excel Roofing
Sady Escalante (910) 685-7102 firstname.lastname@example.org
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