Key Takeaways
- • Banner Capital launched Roof Restoration Group (RRG), a commercial roofing and building services platform, under its Fund II, and completed the platform's first partnership with Exterior Solutions Group (ESG) of Edmond, Okla.
- • ESG, founded in 2017, replaces, restores and maintains roofs for K-12 public school districts, colleges and commercial property owners.
- • ESG founder and CEO Kyle Crawford will continue to lead the business, has joined the RRG board and reinvested alongside Banner Capital and RRG executives.
- • RRG offers founder-led commercial roofing contractors capital and shared finance, procurement, safety and national sales support, while partners retain their teams, brands and customer relationships.
- • Terms of the transaction were not disclosed. Banner Capital managed $611 million in assets as of June 30, 2026.
Summary
Exterior Solutions Group, founded in 2017, provides roof replacement, restoration and facility maintenance to K-12 public school districts, colleges and commercial property owners, according to the company's description in the announcement and in coverage by PE Hub. Founder and CEO Kyle Crawford will continue to lead the business, has joined the RRG board, and has reinvested alongside Banner Capital and RRG executives.
According to the announcement, RRG gives founder-led commercial roofing contractors access to capital along with shared finance, procurement, safety and national sales support. Each partner retains its own team, brand and customer relationships. McKay Potter, a principal at Banner Capital and an RRG board member, described commercial roofing as an essential, non-discretionary service.
Banner Capital invests in founder-led and family-owned businesses in the Western U.S., typically with $4 million to $15 million of EBITDA. The firm managed $611 million of assets as of June 30, 2026.
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