IPS provides specialized, highly engineered industrial products including solvent cements, rough plumbing and roofing products, and structural and surface adhesives.
Legacy Founder and CEO Scott Mullins and Legacy's management team will continue leading the company as a stand-alone platform following the acquisition.
With the acquisition of the company on Aug. 1, TFC expands its coverage in the Bay Area by providing customers local access to the complete line of Triangle Fastener products and services.
US LBM states these additions to its portfolio expands and strengthens its reach in multiple, rapidly growing housing markets in the Mid-Atlantic and Southeast.
Roofing contractors in different markets are beginning to team up for long-term success, and manufacturers are also looking at mergers and acquisitions to bolster market share in an uneasy economy. RC Legal Insights expert Trent Cotney breaks down why conditions might be right for more consolidation in roofing space.