O'Hara's Son Roofing Buys CP Rankin, Fueling National Consolidation

LOS ANGELES, CA – January 13, 2026 – In a move that significantly redraws the map of the U.S. commercial roofing industry, Chicago-based O’Hara’s Son Roofing (“OSR”) today announced its acquisition of CP Rankin Inc. (“CPR”), a highly-regarded commercial roofing contractor with a dominant presence along the Eastern Seaboard. The transaction is the third major acquisition for OSR since it was acquired by private equity firm Angeles Equity Partners, LLC, signaling an aggressive, calculated push to build a diversified national roofing powerhouse.

This strategic combination provides O’Hara’s Son Roofing with an immediate and substantial foothold in the New England, Northeast, Mid-Atlantic, and Southeast regions. It integrates CP Rankin’s extensive service network, strong customer relationships, and seven operational locations into OSR's rapidly expanding national platform. The terms of the deal were not disclosed.

A Pattern of Strategic Growth

The acquisition of CP Rankin is not an isolated event but the latest step in a deliberate “buy-and-build” strategy orchestrated by Angeles Equity Partners. This private equity-backed approach aims to consolidate the historically fragmented commercial roofing market by acquiring strong regional leaders and integrating them into a single, national platform.

This strategy began in November 2023, when OSR acquired Roofing Solutions, LLC, a Prairieville, Louisiana-based contractor that extended OSR's reach from its Midwest stronghold into the Gulf Coast, Texas, and Oklahoma. A year later, in December 2024, the company moved westward, acquiring Innovative Roofing Systems, Inc. of Denver, Colorado, to plant its flag in the Rocky Mountain region.

With the addition of CP Rankin, OSR has now methodically pieced together a coast-to-coast operational footprint. This latest move is arguably its most significant, providing access to some of the country's most densely populated and economically vital commercial corridors. The pattern is clear: acquire established, reputable companies in key geographic zones to achieve national scale, diversify service offerings, and create a platform capable of serving clients with property portfolios spanning the entire country.

The Rising Tide of Industry Consolidation

This acquisition is a prime example of a powerful trend reshaping the commercial services landscape: private equity-fueled consolidation. The U.S. commercial roofing industry, traditionally composed of thousands of small and mid-sized regional businesses, has become a fertile ground for M&A activity. Investors are drawn to the sector's resilience, driven by the non-discretionary need for roof repair and replacement to protect valuable commercial and industrial assets.

Key market drivers fueling this trend include America's aging building stock, which creates a steady demand for re-roofing projects, and the recurring revenue streams generated by maintenance and service contracts. By consolidating regional players, firms like Angeles Equity Partners aim to create entities with significant competitive advantages. These advantages include superior purchasing power for materials, the ability to invest in cutting-edge technology like drones for inspections and advanced project management software, and the capacity to attract and retain scarce skilled labor through better training and benefits.

This shift is creating a new class of super-regional and national roofing giants, altering the competitive dynamics for both local contractors and clients. For national corporations, property management firms, and real estate investment trusts, the emergence of single-source providers like the expanding OSR platform offers the promise of standardized quality, simplified procurement, and consistent service across a geographically diverse portfolio.

A Strategic Jewel on the East Coast

For O'Hara's Son Roofing, CP Rankin represents far more than just a geographic expansion. Founded in 2001 and headquartered in Chalfont, Pennsylvania, CP Rankin has cultivated a sterling reputation for operational excellence and high-quality execution. Its status as a top-tier contractor is not merely anecdotal; Roofing Contractor Magazine ranked the company #24 on its prestigious 2023 “Top 100 Roofing Contractors” list, citing revenues well over $100 million.

This established credibility is a crucial asset. By acquiring a company with a proven track record, OSR bypasses the years it would take to build such a reputation organically. CP Rankin brings a diverse customer base of property managers, general contractors, and national retail clients, along with a full-service offering that includes re-roofing, new construction, and robust repair and maintenance divisions.

“CP Rankin has built a highly respected business defined by operational excellence, an extensive self-perform services offering, and strong customer relationships,” said Luke Coleman, CEO of O’Hara’s Son Roofing, in a statement. “We are thrilled to welcome the CPR team to the OSR platform and are confident this partnership will significantly expand our ability to serve customers across the New England, Northeast, Mid-Atlantic, and Southeast regions.”

Recognizing the value of this hard-won brand equity, OSR will continue to operate the acquired business under the CP Rankin name. The company’s existing leadership, including its founder, will remain in place, a move designed to ensure a seamless transition for employees and customers while preserving the local expertise and relationships that made the company successful.

“After 25 years of building a strong services business and trusted customer relationships across the Eastern Seaboard, we are excited to leverage OSR’s national scale and capabilities,” noted Craig Rankin, Founder of CP Rankin. He added that the partnership would allow the company to “invest even more in our people, expand our reach, and continue delivering best-in-class roofing solutions.” This synergy—combining regional legacy with national scale—is at the heart of the acquisition's strategic logic, positioning the combined entity for accelerated growth and enhanced market leadership.