QXO increases pressure on Beacon's board of directors as the takeover deadline nears, offering a 37% premium; Beacon remains opposed, but with no competing bids, shareholders may decide the company's future.
Beacon's board submitted a unanimous recommendation to its shareholders to reject QXO's offer to acquire all outstanding shares at $124.25 per share in cash.
Pelican Roofing founder George Boudreaux built the company’s reputation on trust, transparency, and quality work. With a new business partner, Nathan Rath, the company positions itself for accelerated growth.
QXO, Inc. publicly offered to acquire Beacon for $124.25 per share in cash, valuing the deal at $11 billion — 37% above Beacon’s 90-day average price — and is seeking shareholder consideration.
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The founder of Interstate Roofing moves on to his next challenge with Sean Ricks -- to build One Solutions into the leading residential roofing platform in the nation. Here’s how they intend to do it.
Veteran roofing contractor Scott Riopelle is never at a loss for words, and joins RC for an exclusive conversation about roofs, life, second chances and more.
The potential QXO acquisition of Beacon Roofing Supply could transform the roofing materials market, leveraging undervaluation, AI, and operational synergies to drive growth.
QXO, the start-up led by Brad Jacobs with nearly $5B in cash reserves, reportedly offered to acquire Beacon Roofing Supply, sending Beacon’s stock to a 52-week high.
Meet Dennis Bresette and Jason
Seura, principals of Lee's Summit, Mo.-based Green River Roofing & Construction, a residential and commercial contracting firm that earns about 90% of its revenue from residential roofing jobs on U.S. military bases.