Beacon Roofing Supply Announces Acquisitions
PEABODY, Mass. -- Beacon Roofing Supply, Inc. announced that it has acquired The Roofing Connection, a distributor of mostly residential roofing products and related accessories with one location in the Halifax suburb of Dartmouth, Nova Scotia. The Roofing Connection will be operated as part of Beacon Roofing Supply Canada Company. Beacon has also acquired Fowler & Peth, Inc., a distributor of residential and commercial roofing products and related accessories headquartered in Denver, Colo.
Cheryl O'Brien, co-founder of The Roofing Connection with her husband Pat, stated “Pat and I are thrilled to join the Beacon family, which will allow The Roofing Connection to better serve our customers and expand our product offerings. Joining Beacon will enable us to grow our business both in Halifax and throughout the Province and presents greater career growth opportunities for our employees. We are excited about our future with Beacon.”
Paul Isabella, Beacon's CEO and president, emphasized the strategic fit of the acquisition and the compatibility of the two companies and stated, “The Roofing Connection has a track record of strong performance and provides us with an excellent opportunity to expand into the capital of Nova Scotia Province, giving Beacon a coast-to-coast presence in Canada. We welcome The Roofing Connection to the Beacon team.”
Eric “Ric” Peth, co-owner of Fowler & Peth, stated: “We are very pleased to be joining a company that also has a long and successful history in roofing distribution. Fowler & Peth was presented with many strategic opportunities, but we chose to align with Beacon not only because of its size and reputation in the industry but because it shares our belief that success comes from hard work and a commitment to your employees and customers." Kurt Peth, co-owner of Fowler & Peth, added: "Joining Beacon will enable Fowler & Peth to grow our business more quickly and presents greater career growth opportunities for our employees. We are excited about our future with Beacon, which shares our core corporate values.”
Isabella stated, “Fowler & Peth is an industry leader and allows Beacon to expand our presence in the very important Denver market beyond our existing Denver branch and to serve customers in the surrounding states. Fowler & Peth is a key component to Beacon's westward expansion plans and will be a gateway to further geographic growth for our company. I am thrilled to welcome Fowler & Peth to the Beacon team.”
For more information, visit www.beaconroofingsupply.com/.