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."
This will be the second company added to Omnia Exterior Solutions’ portfolio, which launched in June 2023 with a partnership with Hoffman Weber in Minneapolis.
Beacon officials announced a private offering of $500 million in secured notes payable in 2030 to support their stock buyback plan for repurchasing 400,000 Class A Preferred Stock shares.
A group of men posing as a roofing crew from a reputable Twin Cities roofing concern has been using false credentials to access homes and wreak thousands of dollars in roof damage.
Owens Corning made a donation of three truckloads of shingles to help the residents of Perryton, Texas, with the huge task of rebuilding. Amarillo, Texas-based Roof Spotters has made helping the Panhandle community its mission.
Solar Integrated Roofing Corp. will host an investor update podcast with the company’s CEO, Brad Rinehart, and President/COO, Troy Clymer, on Thursday, July 20, 2023.
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.
Beacon announced an agreement to repurchase all outstanding shares of its Series A Cumulative Convertible Participating Preferred Stock held by Clayton, Dubilier & Rice, LLC; the company also provided a preview of its 2023 Q2 results, which will be announced after the market closes on August 3.