Articles Tagged with ''private equity''

Progressive Roofing and Texas-based BELDON Roofing Company have partnered to offer enhanced services and resources to customers.

Valor Exterior Partners has scooped up Doing It Right as its fourth acquisition, expanding its residential roofing services in the Pittsburgh metropolitan area.

QXO’s $11B acquisition of Beacon aims to transform the roofing supply chain with AI, tech upgrades, and employee-driven insights — promising streamlined operations and growth. What’s next for contractors?

PE portfolio platform PAX Services Group expands in Florida with the acquisition of Hi-Tech Roofing & Sheet Metal, based in Palm Beach County, strengthening its Southeastern presence.

Ridgeline Roofing & Restoration acquires Brody Allen Exteriors, expanding its Midwest presence; backed by Bertram Capital, Ridgeline aims to enhance growth through digital marketing and sales synergy.

QXO has tentatively completed its $11 billion acquisition of Beacon, securing 580 branches across North America. The deal aims to modernize operations using AI for improved efficiency and is expected to close in April.

Private equity platform Skyline Roofing Partners expands with Classic Roofing & Construction and John Hogan Roofing, each based in Clearwater, Fla., strengthening its Gulf Coast presence. 

Beacon's board of directors has entered into preliminary discussions for QXO to acquire all outstanding Beacon shares at $124.35 per share following months of a hostile takeover threat.

Valor Exterior Partners acquires Roofing King, expanding its Northeast presence. The deal marks Valor’s third acquisition since 2024 as it seeks to consolidate the sector.

QXO extended its $124.25 per share tender offer for Beacon to March 10, citing strong momentum despite board resistance, rising commitments, and full financing secured.