Beacon acquires ProCoat Systems
Beacon Roofing Supply, Inc. has acquired ProCoat Systems, Inc., a Colorado-based distributor of residential and commercial exterior building materials.
ProCoat was founded in 1984 by brothers Jim, Marty and Randy Diner and maintains branches in Denver and Ft. Collins. It specializes in stucco, stone, waterproofing and concrete restoration.
Jim Diner, who along with Marty and Randy will continue to co-manage the business for Beacon, stated: "My brothers and I are pleased to join forces with Beacon, which has built a tremendously successful presence in the Denver and surrounding markets. Being part of the Beacon team will allow ProCoat to continue our long history of excellent customer service and to introduce our products to Beacon’s existing customer base across the entire Rocky Mountain footprint. We were presented with many strategic opportunities, but we chose to align with Beacon not only because of its size and reputation in the industry, but because Beacon shares our belief that success comes from hard work and a commitment to your employees and customers. We are very excited about our future with Beacon."
"ProCoat has been the leading distributor of stucco, stone, waterproofing and related products in the Rocky Mountain region for over three decades," said Beacon CEO and president Paul Isabella. "The addition of ProCoat will enable Beacon to strengthen our complementary product offerings both to our customers in the Denver and the surrounding markets and elsewhere in the United States and Canada where these products are important to the commercial and residential building materials markets. The ProCoat acquisition exemplifies Beacon’s long-standing strategy to grow and increase profitability for our shareholders by expanding product offerings across the entire commercial and residential building envelope. I am grateful that Jim, Marty and Randy Diner chose to join Beacon, and I am thrilled to welcome ProCoat to our team."
