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Home » mergers and acquisitions

Articles Tagged with ''mergers and acquisitions''

Tecta_Logo.png

Tecta America Gears Up for Acquisitions with $210M Incremental First Lien Term Loan

Roofing Contractor
Roofing Contractor Staff
August 25, 2023
No Comments

Proceeds from the refinancing will be used to repay Tecta's existing Second Lien Term Loan, to pre-fund acquisitions under letters of intent and for general corporate purposes.


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Cornerstone_MAC Metal-TOF.jpg
Manufacturer News

Cornerstone Building Brands Acquires Canadian-based MAC Metal Architectural

Acquisition gives the portfolio firm an expansive footprint throughout North America
Roofing Contractor
Roofing Contractor Staff
August 18, 2023
No Comments

Cornerstone Building Brands, Inc., the North American manufacturer of building products, announced it had acquired MAC Metal Architectural, based in Saint-Hubert, Quebec, Canada.


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US Steel - RC - TOF.jpg
Hostile Takeover

US Steel Becomes Target of Takeover by Cleveland-Cliffs, Rejects Deal as 'Unacceptable"

Cleveland-Cliffs publically announces entreaty to absorb a titan of industrialization, putting pressure on the American stalwart
Bryan Gottlieb
Bryan Gottlieb
August 14, 2023
No Comments

Cleveland-Cliffs Inc. has revealed its plan to acquire all outstanding United States Steel Corporation stock through a cash and stock deal, potentially creating one of the world's largest steel producers; US Steel has rejected the proposal.


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HCI Equity Partners - TOF.jpg
Private Equity

HCI Equity Partners Acquires Skycraft Roofing

Purchase makes first acquisition by HCI's new roofing industry portfolio, Highland Roofing
Roofing Contractor
Roofing Contractor Staff
August 14, 2023
No Comments

HCI Equity Partners' new platform, Highland Roofing, has acquired Skycraft Roofing, expanding its commercial roofing services in the Western U.S. 


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Rogers Roofing - TOF.jpg
Private Equity

Rogers Roofing Sells to Portfolio Firm Vertex Service Partners

The deal, brokered by M&A advisor Generational Equity, closed in April but was just announced
Roofing Contractor
Roofing Contractor Staff
August 8, 2023
No Comments

Generational Equity facilitated the sale of Rogers Roofing, Inc., a Hammond, Ind.-based home roofing and remodeling company, to Vertex Service Partners, an Alpine Investors portfolio company; specific terms undisclosed, and the deal closed last April.


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ABC_Cedar Grove.jpg
Distributor News

ABC Supply Co. Continues Northward Advance into Canada

North America’s largest supplier of roofing and building products acquires Cedar Grove Roofing Supply of British Columbia
Roofing Contractor
Roofing Contractor Staff
August 2, 2023
No Comments

ABC Supply Co. expands its presence in Canada with the acquisition of Cedar Grove Roofing Supply, including seven locations in Vancouver's Lower Mainland and Vancouver Island.


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Beacon_Logo.jpg
Distributor News

Beacon Acquires Mississippi-based All American Vinyl Siding Supply

Roofing Contractor
Roofing Contractor Staff
August 2, 2023
No Comments

Year to date in 2023, Beacon has expanded its branch footprint through the completion of six acquisitions and the opening of 14 new greenfield locations.


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Richards-Building-Supply

Richards Building Supply to Acquire Midwest Siding Supply

Roofing distributor says acquisition will help serve Chicagoland customer base
Roofing Contractor
Roofing Contractor Staff
July 19, 2023
No Comments

Richards building Supply stated the acquisition supports its mission to be "the leading roofing and building materials distribution network in the U.S. and Canada."


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Beacon_Crossroads.png
Distribution News

Beacon Acquires Crossroads Roofing Supply, Adds Five Branches in Oklahoma

Roofing Contractor
Roofing Contractor Staff
July 12, 2023
No Comments

Beacon Roofing Supply has acquired Crossroads Roofing Supply, Inc., a mainstay operation for residential and commercial contractors in Oklahoma, for two decades. This acquisition is part of Beacon's Ambition 2025 goals, expanding its branch footprint through both acquisition and greenfield-built growth.


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SRS Distribution_Logo.png
Distributor News

SRS Distribution Announces Nevada Expansion, Acquiring Washoe Building Supply Inc.

June 26, 2023
No Comments

SRS Distribution announced it would acquire Nevada-based Washoe Building Supply Inc., a residential and commercial roofing product distributor founded in 1981.


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