Articles Tagged with ''private equity''

QXO extended its tender offer for Beacon to March 3, citing shareholder interest, while Beacon's board rejects the bid as undervaluing the company; analysts debate its potential impact.

As the U.S. roofing market grows to a projected $41.5B by 2034, roofing contractors in 2025 can expect private equity to continue driving consolidation, acquisitions, and platform expansion, with an increasing focus on professionalization, scalability, and sustainable growth.

QXO further escalates its takeover bid for Beacon: In the latest, the pursuer proposes a new board slate following the rejection of its $11B offer. Shareholders now face a pivotal decision in the battle for control. 

Having the right technology is critical in today's roofing industry. Check out these tips from a former Roofing Contractor of the Year and Microsoft's Visionary Award Winner to stay successful.

Beacon's board submitted a unanimous recommendation to its shareholders to reject QXO's offer to acquire all outstanding shares at $124.25 per share in cash.

A new report by investment bank Brown Gibbons Lang & Company says the U.S. roofing market is projected to grow 4.5% annually through 2030; drivers include non-discretionary re-roofing, rising material costs, sustainability, and industry consolidation.

Pelican Roofing founder George Boudreaux built the company’s reputation on trust, transparency, and quality work. With a new business partner, Nathan Rath, the company positions itself for accelerated growth.

Astara Capital Partners formed Unified Service Partners, a newly formed roofing platform that has invested in Level Roofing, Envision Roofing and Pappas Roofing, and is poised for nationwide growth.