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.
Beacon announced its acquisition of Canadian distributor SSR Roof Supply Ltd., which operates two branches in Vancouver, BC. The acquisition marks Beacon's eighth purchase in 2024.
Available in Beacon PRO+, Smart Order is a first-to-market digital tool that provides contractors with fast and accurate ordering utilizing EagleView’s aerial imagery measurement service.
Beacon announced it opened new locations in Athens, Ga., and Midlothian, Texas, serving residential and commercial markets; expanded its customer service network as part of its 'Ambition 2025' plan.
Beacon has been recognized for a fifth year as a National Preferred Partner by David Weekley Homes, one of the United States’ largest privately-held home builders.
Beacon announced the acquisition of Extreme Metal Fabricators and Integrity Metals, expanding its metal roofing offerings in Florida and enhancing service for contractors along the state's Atlantic coast.