Greenwood Industries

Name

Greenwood Industries

Legal name

Greenwood Industries, LLC.

Website

https://greenwoodindustries.com

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

251–500 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Worcester

HQ country

United States

HQ region

North America

Offices9 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Marketing or Sales, Others

Revenue model

1. Commercial Roofing Services: Project-based revenue from new construction, re-roofs, maintenance, and repair services for commercial buildings.
2. Building Envelope Services: Comprehensive services including waterproofing, masonry, historic restoration, and architectural metal fabrication. TWC Phoenix division provides specialized waterproofing and masonry services.
3. Maintenance & Service Contracts: Annual multi-facility service contracts combining inspections, preventative maintenance, roof restoration, waterproofing, masonry, snow removal, and 24/7 emergency response. Tiered GPA maintenance plans.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Greenwood Industries is a commercial roofing and building envelope contractor that delivers new construction, re-roofing, maintenance, repair, architectural metal fabrication, historic restoration, masonry, and waterproofing services. The company operates through nine Northeast locations with in-house metal fabrication and union-signatory crews, serving commercial, institutional, and government building owners and general contractors.

Product overview

Greenwood Industries is a commercial roofing and building envelope solutions provider offering a comprehensive portfolio of services organized around core roofing operations (new construction, re-roofs, maintenance, repairs) enhanced by specialized divisions. The main service lines include Architectural Metal fabrication, Historic Restoration & Masonry Repair, and Waterproofing (through TWC Phoenix affiliate). Key add-on modules include the Greenwood Performance Advantage warranty program, ErectaStep safety access systems, Drone Inspections, and Safety Audits. The company offers multiple roof system types across Commercial (TPO, EPDM, PVC), Metal, Green, and Solar categories. A dedicated service division (Greenwood Roof Services) provides ongoing maintenance with tiered GPA plans and Campus Care multi-facility programs.

Differentiator

Problem solved

Functional benefit

Products and services

• New Construction Roofing End-to-end commercial roofing installation services for new building construction projects, including TPO, EPDM, PVC (Sarnafil), standing seam metal, green roofs, and solar-ready systems, delivered to commercial building owners and general contractors.
• Re-Roofing Services Complete tear-off and replacement roofing services for existing commercial, institutional, and government buildings, including low-slope and steep-slope systems, slate, copper, and architectural metal options.
• Commercial Roof Maintenance & Repair Ongoing roof maintenance, repair, and restoration services for commercial buildings, designed to extend roof lifespan and reduce total ownership costs. Includes restoration that can save 70–80% versus full re-roof.
• Architectural Metal Fabrication & Installation Custom architectural metal services including copper work, standing seam metal roofs, exterior metal wall panels, and ornamental metal elements, fabricated in-house at the Worcester and Glastonbury shops. Serves historic restorations and architecturally distinctive new construction.
• Historic Restoration & Masonry Repair Specialized restoration services for historic buildings, including slate roof replacement, copper work, masonry repair, brick repointing, and preservation of architectural details on landmarks and heritage structures.
• Waterproofing Services (TWC Phoenix) Industrial and commercial waterproofing solutions provided through the TWC Phoenix affiliate, including below-grade waterproofing, deck coatings, joint sealants, and concrete restoration, serving commercial and institutional buildings.
• Greenwood Roof Services (Service & Maintenance Division) Greenwood's dedicated service and maintenance division offering tiered Greenwood Performance Advantage (GPA) plans, roof restoration, multi-facility Campus Care programs, and 24/7 emergency response for commercial property portfolios.
• ErectaStep Rooftop Safety Systems Exclusive distribution and installation of ErectaStep modular safety access systems for commercial rooftops in the Northeast, providing safe rooftop access solutions integrated with roofing and maintenance services.
• Emergency Roofing Services 24/7 emergency response for storm damage, leaks, and urgent commercial roof repairs, with teams deployed across the Northeast to serve commercial building owners and property managers.

Quantifiable outcome

• Roof restoration can save 70-80% compared to full re-roof cost
• +2 more outcomes

Named customers13 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Eight partnerships are on record, tiered core, flagship and minor.

• Gilbert & Becker Co., Inc.coreStrategic or Co-development Partner · 30 April 2026Acquisition of Gilbert & Becker, Massachusetts-based specialty commercial roofing contractor founded in 1947, known for artisan roofing and historic restoration work. Acquisition strengthens Greenwood's ability to deliver technically complex, high-visibility projects across Northeast. Gilbert & Becker maintains existing name, leadership, and operations.
• Silktown RoofingcoreStrategic or Co-development Partner · 14 March 2026Strategic partnership between Silktown Roofing (Manchester, CT) and Greenwood Industries. BaseRock Partners served as exclusive financial advisor to Silktown. Partnership combines two established commercial roofing contractors to create platform with expanded geographic coverage and deeper service capabilities across Northeast.
• New England PatriotsflagshipGTM or Marketing Partner · 11 March 2026Official commercial roofing company partner of New England Patriots and Gillette Stadium. Long-standing relationship with stadium, provides ongoing maintenance services, completed major roofing projects including renovations and Patriots Training Center.
• TWC PhoenixcoreStrategic or Co-development Partner · 1 January 2023TWC Phoenix is affiliate of Greenwood Industries formed from strategic merger of The Waterproofing Company (founded 1905, pioneered waterproofing with patented Cow Bay Cement) and Phoenix Bay State Construction (founded 1974, masonry contractor). Provides waterproofing, masonry, and concrete restoration services under Greenwood Industries umbrella.
• Hudson Valley RoofingminorStrategic or Co-development Partner · 17 March 2022Acquisition completed by Greenwood Industries Inc. Financial details and strategic implications not specified.
• 17 Union LocalscoreStrategic or Co-development PartnerSignatory to 17 union contracts including Roofers Local 12 (CT), Local 8 (NY), Local 9 (CT), Roofers Local 195, 241 (NY), Local 33 (Boston/RI/New Bedford), Sheet Metal Local 40, 38 (CT/NY), 83 (NY), 63, 17 (Boston/New Bedford/RI). Union-aligned employer with consistent year-round work, pension & annuity plans.
• TWC Phoenix (waterproofing)coreStrategic or Co-development PartnerWaterproofing partnership across multiple locations including Woonsocket, New Windsor, Hudson Falls, Glastonbury, Worcester, New Bedford, and Milford offices. TWC Phoenix provides industrial and commercial waterproofing and building envelope solutions.
• Pan-Mass ChallengeminorGTM or Marketing Partner2025 water stop sponsor with planned expansion to hub site sponsor at new Worcester start in 2026 and 2027. Partnership welcomes PMC riders through home region.

Scale indicators12 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Nations Roof: Nations Roof is one of the largest commercial roofing contractors in North America with mobile service crews and a national service network. Closely comparable to Greenwood's project + service dual model for low-slope commercial roofs.
• Tecta America: Tecta America is one of the largest commercial roofing contractors in the U.S., offering new construction, replacement, repair, and maintenance services through a network of locally branded subsidiaries. It is the closest direct peer to Greenwood in scale, service breadth, and PE-backed rollup model.
• Flynn Group (Building Envelope): Flynn is a leading North American building envelope contractor delivering roofing, glazing, and cladding solutions to commercial clients. It directly mirrors Greenwood's combined roofing + architectural metal + building envelope positioning across multiple geographies.
• CentiMark Corporation: CentiMark is a national commercial roofing and flooring contractor with a large service/maintenance division and rooftop safety product offerings. Comparable to Greenwood in customer mix (commercial/industrial), recurring service contracts, and emphasis on safety.
• Baker Roofing Company: Baker Roofing is a mid-Atlantic/Southeast commercial and residential roofing contractor offering installation, repair, and maintenance. Comparable scope (new construction, reroof, service) and similar regional specialty-contractor positioning.
• Simon Roofing: Simon Roofing is a commercial/industrial roofing contractor providing installation, repair, and roof management across multiple U.S. regions. Comparable in service mix, with a strong emphasis on maintenance contracts analogous to Greenwood's GPA program.
• Bone Dry Roofing: Bone Dry is a multi-region roofing contractor serving commercial and residential customers with installation, repair, and maintenance. Overlaps with Greenwood on commercial roofing services and multi-location franchise-style footprint.
• Roofing Corporation of America: Roofing Corporation of America is a PE-backed platform rolling up commercial roofing contractors across the U.S. It is a direct parallel to Greenwood's Dunes Point Capital strategy and competes for the same tuck-in acquisition targets.

Broad incumbents

• Tremco Roofing: Tremco Roofing, part of RPM International, combines roofing products manufacturing with contracted installation and service. Broader portfolio than Greenwood but directly competes on large commercial reroof and maintenance programs.

Emerging players

• Eagle Rivet Roof Services: Eagle Rivet is a Northeast commercial roofing and sheet metal contractor focused on commercial/industrial repair, replacement, and preventative maintenance. Geographic and service-line overlap make it a relevant local competitor for the GPA service business.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Customer concentration

• LinkedInlinkedin.com/company/greenwood-industries

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A4 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Greenwood Industries