Beacon makes a pair of acquisitions
Beacon announced that it has completed two more acquisitions in 2023.
The roofing and building products distributor has acquired Al’s Roofing Supply, Inc. of Hayward, California, and Prince Building Systems, LLC of Neillsville, Wisconsin.
Al’s has over 40 years of history serving the San Francisco Bay Area, operating four branches in Hayward, Newark, San Carlos, and San Jose.
“We are thrilled to announce that Al’s is joining Beacon,” said Kevin Lewis, general manager at Al’s. “This next chapter of our history will enable us to continue serving our loyal customers and to grow by bringing the benefits of Beacon’s footprint and network.”
Acquisitions have been a big part of Beacon’s growth strategy this year with the company purchasing Whitney Building Products in Boston and First Coastal Exteriors with operations in Alabama and Mississippi.
This year Beacon has also opened new locations in the August, Georgia; Fort Worth, Texas; and West Bend, Wisconsin markets.
“The trusted relationships Kevin and the team have built will endure and deepen as their capabilities expand as part of Beacon,” added Nevin Holly, Beacon’s regional vice president, Pacific.
For more than 10 years lumberyard customers have relied on Prince Building Systems in Illinois, Iowa, Michigan, Minnesota, and Wisconsin.
“Prince Building Systems is excited to join Beacon and provide customers both a broader range of services and a larger geography,” said Steve Binder, Prince Building Systems’ President & CEO.
“We are proud to embrace the customers who rely on Prince Building Systems and deliver to them the additional capabilities of Beacon’s industry leadership,” added Clint Wade, Beacon’s national vice president focused on lumberyards and rural customers.
The financial terms of the deals were not disclosed.
Last year Beacon opened 16 greenfield branches. The Herndon, Va.-based company now says it anticipates opening another 15 greenfield branches in 2023.
Altogether, Beacon operates more than 480 branches in all 50 states and Canada’s 6 provinces.
