Former Big Four Accountant Buys Driftwood Builders Roofing

What happened

Nick Riley, a former Big Four accountant and consultant, bought Driftwood Builders Roofing, a residential roofing contractor based in Manchaca, Texas, that serves the Austin area. The purchase closed at the end of 2025, and Straight Arrow News reported it in April 2026. Riley found the company through a local business networking group, where he had put the word out that he wanted to buy a home services business. The company's longtime owner was looking to sell.

Riley said the seller's willingness to finance the deal mattered to him. "A huge confidence boost was that the seller was willing to offer seller financing. That told me that he was willing to invest in the company and in me," he told Straight Arrow News. Straight Arrow News did not report a price or any financing terms.

The seller

Driftwood Builders Roofing has replaced and repaired residential roofs across Central Texas since 2005, and it works across Travis, Hays, Williamson, and Bastrop counties. Beyond roof replacement and repair, it handles storm damage restoration and helps homeowners through hail and insurance claims, and it installs metal roofing, James Hardie siding, gutters, and windows, with a commercial roofing line alongside. It is a GAF Master Elite contractor and a member of the James Hardie Contractor Alliance.

The people running the company day to day include long-tenured staff. Chief Operations Officer Jennifer Graf has been with Driftwood for 17 years, and senior sales consultant Chris Smith for more than 15. Todd Munsinger, whom customer reviews in 2017 and 2018 named as the owner, is now the company's president; he has worked in roofing since 2008.

The company describes itself as locally owned. Darren Brown, its community partnerships specialist, and his wife have also invested in Driftwood. In a February 2026 interview with Voyage Austin, a site that profiles local businesses, the company said: "As more roofing companies were acquired by private equity firms, we made the intentional decision to stay locally owned and community focused."

The buyer

Riley is a CPA who spent nine years as a strategy consultant at KPMG and Deloitte before buying Driftwood, which he now leads as owner and chief executive. His grounding in the trades comes from family work: summers doing landscaping for his father and winters doing masonry for his uncle. "I picked up customer service, the importance of high-quality work and how to manage a team," he told Straight Arrow News, which presented his purchase as an example of white-collar professionals moving into home services alongside private-equity buyers.

What this means for roofing owners

Driftwood went not to a platform but to an individual operator who now runs the 20-year-old roofer himself, and the seller's willingness to offer financing is what that buyer credited for his confidence in the deal. An owner who offers financing leaves some of what they are owed riding on how the company performs after they hand it over, so a buyer's background deserves as much attention as the headline number. Weighing that path against selling a roofing business to private equity starts with knowing which kind of buyer is across the table.

OffDeal is an advisory firm that helps lower-middle-market business owners sell with confidence. Reach out to learn more about our expertise with roofing businesses in Texas.

Own a roofing business with $5M–$100M in revenue? We’re glad to give you an honest read on what it’s worth and who would buy it — no pitch, no pressure. Get a free valuation.

Source: Straight Arrow News - https://san.com/cc/what-happens-when-private-equity-buys-up-local-home-contractors