Proceeds from the refinancing will be used to repay Tecta's existing Second Lien Term Loan, to pre-fund acquisitions under letters of intent and for general corporate purposes.
Cornerstone Building Brands, Inc., the North American manufacturer of building products, announced it had acquired MAC Metal Architectural, based in Saint-Hubert, Quebec, Canada.
Cleveland-Cliffs Inc. has revealed its plan to acquire all outstanding United States Steel Corporation stock through a cash and stock deal, potentially creating one of the world's largest steel producers; US Steel has rejected the proposal.
Generational Equity facilitated the sale of Rogers Roofing, Inc., a Hammond, Ind.-based home roofing and remodeling company, to Vertex Service Partners, an Alpine Investors portfolio company; specific terms undisclosed, and the deal closed last April.
ABC Supply Co. expands its presence in Canada with the acquisition of Cedar Grove Roofing Supply, including seven locations in Vancouver's Lower Mainland and Vancouver Island.
Year to date in 2023, Beacon has expanded its branch footprint through the completion of six acquisitions and the opening of 14 new greenfield locations.
Richards building Supply stated the acquisition supports its mission to be "the leading roofing and building materials distribution network in the U.S. and Canada."
Beacon Roofing Supply has acquired Crossroads Roofing Supply, Inc., a mainstay operation for residential and commercial contractors in Oklahoma, for two decades. This acquisition is part of Beacon's Ambition 2025 goals, expanding its branch footprint through both acquisition and greenfield-built growth.
SRS Distribution announced it would acquire Nevada-based Washoe Building Supply Inc., a residential and commercial roofing product distributor founded in 1981.