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MINNEAPOLIS, MN – October 19, 2023
Allstar Services announced today that its Board of Directors has appointed Adam Love as Chief Executive Officer. During his 20-year career, Adam has held multiple leadership roles in the residential and commercial services sectors, most recently as Chief Operating Officer at integrated facilities management solutions provider SMS Assist.
“I am thrilled to be joining the industry-leading team at Allstar, an organization that shares my strong focus on empowering employees, driving growth and delivering excellent service,” said Love. “The Allstar team is a clear leader in the roofing and broader exterior home services market, with a history of successful growth and significant opportunities ahead. I am excited to partner with the Allstar team to drive the next chapter of organic growth and geographic expansion.”
Allstar has built a leading reputation across its core Midwest markets, and is consistently recognized by customers, partners, and peers for delivering the highest quality and levels of service in the residential roofing market.
“We believe Adam’s history of success in the residential and commercial services space, combined with his collaborative leadership style, will be an excellent fit with the Allstar team,” said Adam Shaw, Managing Director of Morgan Stanley Capital Partners. “We’re confident that his deep background in single family construction, repair, and maintenance with SMS Assist, Opendoor, and Invitation Homes, and his expertise in building the teams, processes and systems to rapidly scale a services-based business will help further accelerate the pace of value creation that Allstar has delivered to date.”
Pete Carlson, Chairman of Allstar, said, “Adam will be a terrific addition to the Allstar culture and a great partner for the team. Adam joins us at an exciting time for the business as we continue to drive organic growth and expand into new geographic markets through complementary acquisitions. We are excited to have Adam on board to lead Allstar’s next chapter and capitalize on the significant growth opportunities that are ahead of us.”
About Allstar Services
Founded in 1979 and headquartered in Minneapolis, MN, Allstar Services is a full-service provider of residential exterior replacement, repair, maintenance, and new installation services across trades including roofing, siding, windows, and gutters. For more information, please visit the Company’s website https://www.allstartoday.com/.
About Morgan Stanley Capital Partners
Morgan Stanley Capital Partners, part of Morgan Stanley Investment Management, is a leading middle-market private equity platform established in 1986 that focuses on privately negotiated equity and equity-related investments primarily in North America. Morgan Stanley Capital Partners seeks to create value in portfolio companies primarily in a series of subsectors in the business services, consumer, healthcare, education and industrials markets with an emphasis on driving significant organic and acquisition growth through an operationally focused approach. For further information about Morgan Stanley Capital Partners, please visit www.morganstanley.com/im/capitalpartners.
