Articles Tagged with ''mergers and acquisitions''

QXO set a Feb. 24 deadline for its $124.25/share bid for Beacon, but analysts value BECN at $130–$136, suggesting upside potential. A higher offer or strategic alternatives may better serve shareholders.

Skyline Roofing Partners names Mike Midgett as CEO, joining founder Dan Reed to drive growth and establish partnerships in the residential roofing and exterior services sector.

QXO, Inc.'s $11B offer to acquire Beacon was rejected as “undervalued.” The high-stakes bid could reshape the building materials sector with a looming proxy fight possible. Who will prevail in this corporate chess match?

Enable says the acquisition addresses the growing demand for end-to-end digitalization of pricing and rebate processes, allowing businesses to navigate market volatility.

QXO, Inc. publicly offered to acquire Beacon for $124.25 per share in cash, valuing the deal at $11 billion — 37% above Beacon’s 90-day average price — and is seeking shareholder consideration.

Tecta America, the nation’s largest commercial roofing firm, has acquired Alpine Roofing of Sparks, Nev., further strengthening its national presence; Alpine’s leadership will remain in place.

Sun Capital Partners has acquired Latite Roofing & Sheet Metal, a Florida-based residential and commercial roofing service provider. 

With the new year underway, roofing distributors offer their thoughts on the state of the industry and where it is heading, with consolidation and technological innovations at the fore.

OmniMax International acquired Millennium Metals to expand its roofing accessories product lines and geographic footprint.

Beacon opened greenfield locations in Arnold, Mo. and Lebanon, Tenn. and acquired two Massachusetts-based suppliers in the fourth quarter.