Articles Tagged with ''investment''

For roofing contractors, the message from QXO is unmistakable: distributors increasingly want to become logistics partners, technology providers and job-site problem solvers — not just material suppliers.

Colorado-based Superior Roofing partners with investors to support expansion and leadership transition, maintaining current executives as the company targets continued growth in the Mountain West.

BlueLinx reports a 2% gain in sales compared to Q2 2024, though its gross profit saw a 2% decrease, year-over-year, compared to the same period.

Skybound Services Partners, backed by Garnett Station Partners, has invested in Minnesota-based Quality Trusted Commercial Construction & Roofing to expand its commercial roofing platform.

Private equity firm Trilantic North America completed growth investment in Lifetime Quality Roofing and Storm Restoration LLC, enabling it to expand supplemental services and pursue mergers and acquisitions.

QXO Inc. unveiled its growth plan for the former Beacon Roofing Supply when CEO Brad Jacobs delivered a keynote at Wolfe Research's 18th Annual Global Transportation & Industrials Conference in New York. 

While one in five Americans owns cryptocurrency, there is a surprising growth in construction; despite risks, two-thirds of holders say it positively impacts their lives.

Sumeru Equity Partners, a private equity firm, has invested $330M in JobNimbus, the Lehi, Utah-based SaaS for roofing contractors, to expand operations and product offerings; the founders and original investor Mainsail Partners will retain equity.

Brava Roof Tile secured investment from Golden Gate Capital to expand production and fuel growth, with its leadership team remaining intact. Terms were not disclosed.

Goldman Sachs increased its Beacon Roofing Supply shares by 11.6% in Q4, owning 602,287 shares worth $52.4M. Despite a "hold" rating from StockNews.com, other investors and analysts remain confident.