Beacon Acquires Florida-Based Coastal Construction Products
HERNDON, Va. — Beacon announced that it has acquired Jacksonville, Fla.-based Coastal Construction Products, one of the largest independent distributors of specialty waterproofing products in the United States, from the company’s majority owner, Supply Chain Equity Partners (SCEP), a leading private equity firm focused on the distribution sector, and members of current and prior management. This is Beacon’s fifth acquisition in the last 12 months, and the third since the launch of its Ambition 2025 goals in February 2022.
Coastal has 18 locations dedicated to waterproofing serving the Southeast and Midwest. Beacon currently sells waterproofing products throughout its commercial and residential roofing branches as well as 13 specialty waterproofing locations in the Western U.S. The resulting combination, a new platform for future growth, creates an opportunity to leverage a coast-to-coast footprint to better serve customers locally, regionally and nationally, including in storm-exposed regions where waterproofing is essential to protecting buildings, adapting to stricter building codes and meeting heightened maintenance standards. Beacon’s new specialty waterproofing division will be led by Coastal CEO Martin Harrell.