TAGS: Architectural Coatings
ReVamp Companies (“ReVamp”), a portfolio company of Bertram Capital (“Bertram”) and a national platform of leading residential concrete coating companies, announced that the acquisition of Next Level Concrete Coatings LLC (“Next Level”). Founders Mat Giovanello and Pat Foley have built Next Level to a leader in the metropolitan Boston, Massachusetts market along with fast growing operations in Tampa, Florida. Both Mat and Pat will continue to lead the Next Level business through the next phase of the organization’s growth. Terms of the transaction were not disclosed.
"We are excited to announce our partnership with the Next Level team, and welcome Mat and Pat to the ReVamp family of companies. They both are best-in-class operators and with their high-quality team, have built Next Level into an exceptional business." said Jeff Gear, founder of TSR and CEO of ReVamp.
Concrete Coating Platform
"The ability to join the nation’s leading concrete coating platform is an excellent opportunity to accelerate our growth,” said Mat Giovanello, Next Level’s Co-Founder.
Pat Foley, Next Level Co-Founder, added
“We believe this is the right time to partner with Jeff and his team at ReVamp and pair our collective best practices with Next Level’s dedicated team and local expertise.”
The investment in Next Level represents the third add-on acquisition completed by ReVamp since the investment by Bertram in February 2022. ReVamp is actively seeking partnerships with leaders in the garage, flooring, and broader residential services category.
Source: Bertram Capital