Aug 29, 2025
CID Kicks Off Fund IV with Investment in Etruscan Gutters & Roofing

August 28, 2025: CID Capital (“CID”), an Indianapolis-based private equity firm, announced today its partnership with Etruscan Gutters & Roofing, LLC (“Etruscan” or the “Company”). Headquartered in Highland Park, Illinois, Etruscan is a premier provider of residential repair and re-roofing services across the Northern Chicago suburbs. Founded more than 40 years ago, the Company has built a reputation for dedication to its core geography, reliability, and best-in-class customer service. Under the leadership of owners Shaun and Todd Payne, Etruscan has delivered consistent, above-market growth, driven by a strong service culture and lasting customer relationships.

Etruscan is the first platform investment made from CID’s latest fund, CID Capital Opportunity Fund IV, L.P.

“Our partnership with Etruscan represents CID’s thesis and strong conviction around the roofing repair services market, as well as the Company’s commitment to long-term market leadership. We are eager to support the ongoing and future growth efforts of the business behind Shaun and Todd Payne,” said Cory Heck, Managing Partner, CID Capital.

“We are honored to partner with Shaun, Todd, and the broader Etruscan team,” said Chase Williams, Vice President, CID Capital. “We believe Etruscan is well-positioned to expand its geographic footprint and broaden its service offering. Together, we will leverage the Company’s best-in-class reputation and customer service backbone to pursue a combination of organic growth initiatives and strategic acquisitions to build a market-leading residential repair and re-roofing services platform.”

Working alongside Cory Heck and Chase Williams on the investment was Senior Associate, Clint Leer. Please reach out to Clint Leer: clint@cidcap.com, with any questions or potential new investment or add-on acquisition opportunities.

About Etruscan Gutters & Roofing, LLC
Headquartered in Highland Park, Illinois, Etruscan Gutters & Roofing, LLC is a trusted provider of residential repair and re-roofing services across the Northern Chicago suburbs. The Company is known for its longstanding commitment to quality workmanship, customer service, and community.

About CID Capital
CID Capital is a private equity firm with decades of experience partnering with high-quality, lower-middle market companies. CID makes control investments in companies with a proven track record of success and works alongside management teams to provide strategic guidance, resources, and capital for the next phase of growth. CID combines a focus on founder- and family-owned companies with a collaborative approach to help its portfolio companies unlock potential and build long-term value.

This message does not constitute tax or legal advice or an offer or solicitation with respect to the purchase or sale of any security in any jurisdiction in which such offer or solicitation is not authorized or to any person to whom it would be unlawful to make such offer or solicitation. Past performance does not guarantee future returns.

 

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