Beacon Roofing Supply, Inc. (Nasdaq: BECN), Peabody, MA, has acquired Phoenix Sales, Inc., a distributor of commercial roofing systems and related accessories with four branches located in Tampa, Orlando, Pompano and Ft. Myers, FL. Phoenix had sales of approximately $20 million in 2009.
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Scott Hall and Jim Coston, who co-founded Phoenix, will remain part of Beacon’s regional leadership team.
\”We now have a strong commercial roofing presence in Central Florida to accompany our recently-acquired residential roofing business,\” Beacon president and COO Paul Isabella said. \”Florida presents a great long-term growth opportunity for our company and we are committed to expanding our footprint in Florida. The team at Phoenix shares our work ethic, company values, and dedication to customer service and we are proud to have them join Beacon.\”
Beacon Roofing Supply, Inc. is a distributor of roofing materials and complementary building products operating 177 branches in 37 states in the United States and in three provinces in Eastern Canada.
