Jamie Schmidt and Jeanette Omdalen
The founders of Highland Roofing Co. not too long ago bought the Wilmington-dependent firm to a couple who prepare to keep on its progress.
Jeanette Omdalen and Jamie Schmidt acquired the commercial roofing organization from Iain Fergusson and co-proprietor Rebecca Fergusson. The sale, for an undisclosed amount of money, shut Dec. 10.
Founded in 2005, Highland Roofing has had a compounded once-a-year development amount of 15% given that 2015, the yr right after it bought Hanover Iron Functions, Iain Fergusson explained. The business has installed, fixed and preserved roofs for several of Wilmington’s landmark amenities and also has a Raleigh business which is poised for progress, officials said.
“Our aim is to keep on setting up on the foundation that Iain and Becca had developed more than the past 16 yrs, and so definitely, what we’re right here to do is to be enablers of advancement,” Omdalen, who is now CEO of Highland Roofing, claimed Wednesday. “We have a really strong crew, and we are small business builders at heart. The folks at Highland have such a fantastic advancement state of mind and they have been definitely open up to all the diverse opportunities.”
Schmidt, Omdalen’s partner, is Highland Roofing’s new CFO, and the few a short while ago moved to Wilmington. Schmidt was earlier CFO of Schmitt Industries Inc. (diverse spelling and no relation to Jamie Schmidt) in Portland, Oregon, and Omdalen was handling director of Xact Tank Monitoring and Acuity Lasers, two firms owned by Schmitt Industries.
For Highland Roofing, Schmidt stated the new entrepreneurs aren’t making any modifications to the 50-employee staff members or the Wilmington spot at 4310 Deer Creek Lane. He claimed they program to established precise growth objectives later on.
“We actually want to perform with our management workforce and get our to start with 12 months below our belt ahead of we established a metric out there,” he claimed. “We sense that they’re the types who have been running the company day to working day and they know what the business is capable of.”
Highland Roofing was boosted by the Hanover Iron Will work invest in in 2014 and started concentrating entirely on commercial roofing in 2015. That acquisition “was a significant catalyst and a significant chapter in Highland’s historical past in conditions of us discovering who we had been,” Iain Fergusson reported.
The previous house owners are at present working with Omdalen and Schmidt for a smooth transition, said Iain Fergusson. As considerably as what he will do subsequent right after advertising the enterprise, he mentioned he’s waiting to see what the foreseeable future retains.
“I am pretty proud of what Highland has come to be, but it is time for new management,” Iain Fergusson stated. “I take into consideration myself extremely fortunate to have uncovered fantastic new owners who are purchasing Highland for specifically what it is and prepare to proceed the Company’s achievements and to make on, and further more strengthen the good culture and crew I’m so happy to have developed more than the many years.”