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Roofing News

SRS Announces Expansion in the Greater Philadelphia Area with the Acquisition of Marvic Supply Inc.

SRS-Distribution-Logo-2021
October 11, 2021

MCKINNEY, Texas — SRS Distribution Inc. announced today that it has acquired Marvic Supply Company Inc., a leading distributor of residential roofing, windows and doors, siding, and other related products. Terms of the agreement were not disclosed.

Headquartered in Doylestown, Pa., Marvic was acquired in 1967 by Frank Terry and is run today by Dave Smith, Frank’s son-in-law, and Frank’s sons, Rich and Wes Terry. The company operates seven locations across southeastern Pennsylvania and northwestern New Jersey and employs a team of 98 people.

“We are truly honored to welcome the entire Marvic team to the SRS family," said Dan Tinker, president and CEO of SRS Distribution. "The company is one of the most well-established independents in the Northeast and has earned a reputation as the preeminent distributor in the Philadelphia metro area. In order to preserve and extend the legacy the company has earned over its extensive history, we plan to rebrand several of our existing branches in the market to Marvic.”

Dave, Rich, and Wes will continue to lead the company’s team under the Marvic banner, ensuring continuity and consistency for customers, suppliers, and employees.

“Our family has spent decades building a business predicated on providing top-quality products and unparalleled customer service throughout the Delaware Valley," said Dave, Rich, and Wes, the company’s owners, in a joint statement. "When choosing a new long-term growth partner for Marvic, it was essential that the company aligned with our core values — honesty, integrity, and a passion for success. We have known the folks at SRS for many years and are confident this combination is the best possible outcome for our dedicated team and loyal customers.”

KEYWORDS: mergers and acquisitions Pennsylvania roofing industry roofing suppliers SRS Distribution Texas

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