Seaside Launches Roofing & Exterior Services Platform, BlueThread Services™
Partners with Third BlueThread Company, Aspen Group, Expanding Service Portfolio and Geographic Presence
April 5, 2022
San Diego, CA – Seaside Equity Partners (“Seaside”), a growth-oriented and operationally focused private equity firm, has announced the launch of BlueThread Services™, LLC (“BlueThread” or the “Company”), a platform for roofing and exterior service providers.
BlueThread Services™ was formed with the vision of building the next market leader in property services by knitting together a comprehensive family of roofing and exterior service providers. BlueThread will align with organizations that share similar values across the region and aims to accelerate their growth through investment in talent, service, safety and operations. BlueThread’s platform will seek to become a trusted service provider to its broad base of commercial, multi-family, government, and residential customers by delivering exemplary customer service and fine workmanship.
“The current market landscape presents a clear opportunity for a full-suite platform like BlueThread to emerge as the provider of choice for roofing and building exterior service needs”, said BlueThread Chief Executive Officer Brynne Smith. “We intend to partner with companies across the region that share our core values, commitment and passion for service. By joining the BlueThread family, these businesses will be able to honor their unique cultures and brands while enhancing the experience for both customers and employees alike.”
BlueThread’s first two partner companies, Peak View Roofing and Revelation Roofing, along with recently acquired Aspen Group, will continue to operate with the existing leadership teams and under their respective names while sharing the co-brand, BlueThread Services.
Acquisition of Aspen Group
Along with the launch, BlueThread is also pleased to announce the acquisition of Aspen Group, LTD. (“Aspen”), an industry leader in reconstruction for multi-family and commercial properties. Aspen delivers a comprehensive exterior solution offering services such as roofing, painting, siding, concrete, retained walls and decks. Fueled by an integrity-driven, customer centric approach, Aspen has established itself as the go-to provider of exterior services across Colorado and Arizona.
“Aspen provides a broad range of facility repair and reconstruction services that complement our current portfolio”, said BlueThread Chief Executive Officer Brynne Smith. “We are eager to grow our footprint into both the Denver and Phoenix markets. The two areas continue to have some of the fastest growing markets in America, and Aspen provides us with strong relationships and brand recognition in both.”
“We share BlueThread’s vision of creating an end-to-end exterior facility services provider”, said Noah Pillsbury, President of Aspen Group. “The experience, value and credibility of our two organizations are very complimentary. We are thrilled to join forces for the journey ahead.”
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About BlueThread Services
BlueThread Services is seeking to build the next market leading roofing and exterior services group by knitting together top-tier brands with a premier operational infrastructure. BlueThread’s network of organizations share resources, best practices and expertise in order to deliver quality service to customers and opportunities for employees. BlueThread’s growing family of brands includes Peak View Roofing, Revelation Roofing and Aspen Group.
About Seaside Equity Partners
Seaside Equity Partners is a growth-oriented and operationally focused private equity firm based in San Diego, CA. The firm seeks to provide capital, resources and strategic support to leading mission critical services businesses that are headquartered in the Western United States. Seaside is currently investing out of a $160 million investment vehicle that closed in February 2021, which focuses on partnering with founder, family, and entrepreneur-owned businesses.
For additional information on Seaside Equity Partners, see seasideequity.com.