November 30, 2022 – Today, SouthPointe Ventures portfolio company Dr. Roof closed a new credit facility with BankProv. Said Ed Fisher, Chairman of Dr. Roof and managing partner of SouthPointe “We are very pleased to have completed this new financing with BankProv. Their sponsor group was very knowledgeable and terrific to work with. This new facility materially reduces Dr. Roof’s cost of capital, improves cashflow, and provides our management team with increased liquidity to run the business. We look forward to a successful relationship with BankProv going forward.”
