Roofing LOI Review: $9M-$10M Revenue, $1.5M-$2M EBITDA

Axial’s “Winning LOI” issue reviews a residential and commercial roofing company that reported $9M-$10M in revenue and $1.5M-$2M in EBITDA when the deal confidentially went to market via Axial in Q4 2024. The LOI was structured using a combination of cash, rollover equity, and a performance-based earnout.

The earnout is structured over two years and is contingent on performance.