Items Tagged with 'mergers and acquisitions'

QXO extends its all-cash offer for Beacon shares to April 28, with the acquisition expected to close by month’s end pending final shareholder approvals.

QXO has extended its offer to purchase Beacon for roughly $11 billion to April 21 after capturing 38% of the issued and outstanding shares.

ABC Supply expanded its footprint in Virginia by acquiring Roofing & Supplies, a provider of roofing materials and equipment since 1970.

Valor Exterior Partners has scooped up Doing It Right as its fourth acquisition, expanding its residential roofing services in the Pittsburgh metropolitan area.

SRS Distribution will complement its existing roofing-focused operations with the siding, window and door expertise of Rising Star Wholesale following its acquisition of the company.

RAFTRx expands its insurance-claims roofing platform by acquiring Missouri-based Kingdom Krafters, boosting its Midwest footprint. 

QXO’s $11B acquisition of Beacon aims to transform the roofing supply chain with AI, tech upgrades, and employee-driven insights — promising streamlined operations and growth. What’s next for contractors?

PE portfolio platform PAX Services Group expands in Florida with the acquisition of Hi-Tech Roofing & Sheet Metal, based in Palm Beach County, strengthening its Southeastern presence.

Brad Jacobs’ QXO acquisition of Beacon Building Products marks a turning point for over 8,000 employees, offering a fresh start, financial strength, and new growth opportunities. 

Ridgeline Roofing & Restoration acquires Brody Allen Exteriors, expanding its Midwest presence; backed by Bertram Capital, Ridgeline aims to enhance growth through digital marketing and sales synergy.