Beacon Roofing Supply Inc. (NASDAQ: BECN), Herndon, VA, has agreed to acquire Roofing Supply Group, Dallas, TX, from investment firm Clayton, Dubilier & Rice for $1.1 billion.
RSG distributes roofing supplies and related materials from 83 locations across 24 states, including the key Western and Southern markets of California, Florida and Texas. The acquisition also brings Beacon to the Pacific Northwest with branches in Seattle and Spokane.
As a result of the acquisition, Beacon sales are expected to grow to $3.7 billion and the company will have a total of 356 branches in 45 states and six Canadian provinces.
