Rock Asphalte

NBGI PE acquired a majority stake in the £16million MBO. NBGI PE is backing a highly experienced management team led by John Walsh as CEO. The deal is the third for NBGI Private Equity’s £100million second fund.

Rock Asphalte (’Rock’) provides specialist roofing and structural waterproofing services to main contractors on major projects across the UK. Founded over thirty years ago, Rock operates from offices in London and has manufacturing facilities in Bedfordshire. Rock installs mastic asphalt, hot melt and single ply roofing systems and structural waterproofing for vehicle decks and car parks. The business has grown rapidly and is expected to continue outperforming the market as it diversifies further into non-asphalt roofing solutions and capitalises on its environmental credentials and expertise in green roofs and on-site water management.

Richard Morley and Lawrence Dean led the transaction for NBGI Private Equity supported by Miles Otway.