Beacon Roofing acquires SoCal roofing distributor
Beacon Roofing Supply, one of the nation’s largest distributors of roofing and other exterior building products, has acquired Structural Materials, Co., a distributor of residential and commercial roofing products. Headquartered in Santa Ana, Calif., Structural has six locations in Los Angeles and Orange counties. The 64-year-old company had total annual sales of approximately $81 million in 2011.
Paul Byrne, Structural's retiring founder, stated: "I have known Beacon and its leadership team for many years, and they share Structural's belief that success comes from hard work and a full commitment to your customers and employees. Aligning with Beacon presented the best opportunity for Structural to continue its excellent history of customer service, expand its product offering and allow for continued profitable growth.”
Paul Isabella, Beacon's CEO and president, emphasized the strategic fit of the acquisition and the compatibility of the two companies and stated, "We long have believed that Structural would be an excellent complement to our existing Southern California branches, which are operating under the Pacific Supply name, and will make Beacon the leading roofing supply distributor in the important Southern California market.”
Beacon Roofing Supply is a leading distributor of roofing materials and other exterior building products. Headquartered in Peabody, Mass., the company operates 206 branches in 38 states in the United States and across Canada. It listed in 4th place with $1.9 billion in sales on the 2012 HCN Pro Dealer Scoreboard.