Roofing News

Beacon Roofing Supply Inc. Announces Strategic Acquisition

Beacon Roofing Supply Inc., Peabody, Mass., announced the acquisition of JGA Corp., Atlanta. JGA operates eight facilities in Georgia and Florida, offering a comprehensive line of residential and commercial roofing products and other complementary building products. JGA presents an opportunity for Beacon to expand its distribution business into Georgia and Florida, which are projected to be some of the fastest growing markets in the United States over the next two to three years.

Consistent with Beacon's other successful acquisitions, the JGA facilities will continue operating under their local identity to continue the close relationships they have developed with their customers. JGA was founded in 1977 and generated net sales of approximately $74 million for the year ended December 31, 2003.

John Blackburn, chief executive officer of JGA, stated, "Our management team is excited about the growth opportunities that are available as we combine our talents and resources with Beacon."

Robert Buck, chief executive officer of Beacon, emphasized the overall strategic importance of JGA and stated, "JGA is a respected leader in our industry and operates in some of the most attractive markets in the U.S. They have wonderful employees and we are thrilled to be joining forces."