TSL Express Daily News
The Secured Lender
SFNet's 80th Annual Convention Issue
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July 22, 2024
Source: Gridiron Capital, LLC
GarageCo Partners with Quality Overhead Door to Expand Presence in Midwest
NEW CANAAN, CT, July 22, 2024 – Gridiron Capital, LLC (“Gridiron Capital” or “Gridiron”), an investment firm focused on partnering with founders, entrepreneurs, and management teams, successfully closed its fifth partnership under the GarageCo Holdings, LLC (“GarageCo” or the “Company”) platform, with Quality Overhead Door (“QOD”). QOD, based in Toledo, Ohio, is a family-owned and operated provider of repair and replacement services for residential and commercial garage doors.
QOD joins the GarageCo platform alongside P.D.Q. Door Company based in Maine, Apple Door Systems based in Virginia, Cunningham Door & Window based in Kentucky, and Cedar Park Doors based in Texas. QOD has been serving customers in the Greater Toledo area for over 40 years and has established itself as one of the leading brands in the region. With this partnership, GarageCo bolsters its presence in the Midwest with a team of seasoned operators in the garage door repair and replacement space. GarageCo looks forward to supporting QOD on its various growth initiatives as it expands beyond its existing footprint.
Bruce and Lisa Roth, Founders of Quality Overhead Door, said, “GarageCo’s dedication to their team and customers aligns perfectly with our values and culture where we always put people first. We are thrilled to join the family of brands they have already built and to work with such a talented group of people in the industry, ensuring that our legacy of excellence continues.”
Mars Shah, CEO of GarageCo, remarked, “We are excited to welcome Quality Overhead Door into our Family of Family BrandsTM. Bruce, Lisa, and their team have built an incredible business, and we are honored to carry on the outstanding reputation they’ve earned for over four decades.”
Chris King, Managing Director at Gridiron Capital, added, “With the addition of QOD, GarageCo continues its expansion across the country by partnering with a leading company in the Midwest. We look forward to working closely with the GarageCo team as it helps accelerate QOD’s growth and operational excellence.”
Kevin Jackson, Managing Partner at Gridiron Capital, said, “Gridiron is excited about the expansion of the GarageCo partnership under Mars Shah’s leadership. With this investment, Gridiron continues to lean into our Residential Products and Services Thematic Area of Expertise.”
About Gridiron Capital
Gridiron Capital is an investment firm focused on partnering with founders, entrepreneurs, and management teams, and creating value by building middle-market companies into industry-leaders in branded consumer, B2B and B2C services, and niche industrial segments in the United States and Canada. We help transform growing companies by winning together through hard work, partnerships grounded in shared values, and a unique culture that comes from hands-on experience building and running businesses. As a team led by former operators and entrepreneurs, we know what it takes to run successful businesses on a day-to-day basis. Additional information is available on the firm’s website: www.gridironcapital.com.
About GarageCoTM
GarageCo is a platform comprised of market-leading brands within the residential and commercial garage door services industry. We are looking to partner with exceptional garage door dealers around the country as we continue building a national footprint. GarageCo builds off the reputation and legacy that each brand holds within its respective community while investing to support growth opportunities and efficiencies by leveraging the combined scale and best practices across the platform. GarageCo’s leadership team is comprised of entrepreneurs and experienced operating executives who have a long track record in service-based industries. Additional information is available on GarageCo’s website: www.garagecoholdings.com.
Contacts
Gridiron Capital, LLC
Chris King
Managing Director
CKing@gridironcapital.com
GarageCo Holdings, LLC
Mars Shah
Chief Executive Officer
Mars.Shah@garagecoholdings.com