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Home » Topics » News

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exterior-view-of-lowes-store
Acquisition News

Lowe's to Purchase Foundation Building Materials for $8.8B

FBM's network consists of 370 locations in the U.S. and Canada, serving 40,000 Pro customers
Chris Gray, editor of Roofing Contractor and Roofing Supply Pro
Chris Gray
August 20, 2025
No Comments

Lowe's is boosting its Pro ecosystem with the acquisition of Foundation Building Materials Inc., a distributor of interior building products, for $8.8 billion.


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A group of volunteers at a food bank
Franchise Development

Storm Guard Relaunches Franchise Growth Initiative

Exterior restoration franchise targets five new locations in key markets while strengthening leadership and community programs
Roofing Contractor
Roofing Contractor Staff
August 20, 2025
No Comments

Exterior restoration franchise Storm Guard plans five new locations in key markets while strengthening franchisee support and community initiatives.


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Group photo from the main stage
Latinos in Roofing

GAF to Host Latino Roofing Summit in Atlanta

Roofing contractors are invited to the 2025 GAF Latinos In Roofing Southeast Summit & Expo on Sept. 13
Roofing Contractor
Roofing Contractor Staff
August 19, 2025
No Comments

The event aims to help roofing contractors and installers grow and level up their businesses by providing educational training, resources, and networking opportunities.




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Home-Depot-SRS-logos-above-cartoon-house
Quarterly Report

Home Depot Reports Steady Q2 Sales Despite Economic Uncertainty

After SRS Distribution acquisition, company's next big swing of acquiring GMS could similarly pay off
Chris Gray, editor of Roofing Contractor and Roofing Supply Pro
Chris Gray
August 19, 2025
No Comments

Home Depot’s Q2 sales hit $45.3 billion, fueled in part by its 2024 acquisition of SRS, as it doubles down on Pro services amid tariffs, housing woes, and economic uncertainty.


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Home exterior with two logos
Private Equity

TrussPoint Acquires Mario’s Roofing

TrussPoint expands platform with addition of respected Boston-area roofing leader.
Roofing Contractor
Roofing Contractor Staff
August 19, 2025
One Comment

TrussPoint Roofing, backed by Soundcore Capital, expands into the Northeast with its acquisition of Mario’s Roofing, a trusted leader in Greater Boston home exterior services.


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SPRI logo and text
Roofing Associations

SPRI Announces Plans to Re-Canvass ANSI/SPRI IA-1 Standard

The standard tests roof substrate and adhesive compatibility in commercial roofing applications
Roofing Contractor
Roofing Contractor Staff
August 19, 2025
No Comments

The ANSI/SPRI IA-1 standard establishes field test procedures that verify whether existing roof substrates and roof assemblies are suitable for use with specific adhesives. 



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Tecta America celebrates 25 years of excellence.
Private Equity

Tecta America Acquires Christianson Roofing

California contractor becomes third 2025 acquisition for nation's largest commercial roofing company
Roofing Contractor
Roofing Contractor Staff
August 18, 2025
No Comments

Tecta America acquires Riverside's Christianson Roofing, marking its third purchase of 2025.  


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Jim-Barr-headshot-barr-roofing-logo
Obituary

James Barr, President of Barr Roofing Company, Dies at 72

Barr received the highest honors from the MRCA and NRCA for his service to the industry
Chris Gray, editor of Roofing Contractor and Roofing Supply Pro
Chris Gray
August 18, 2025
No Comments

Jim Barr served as president of the MRCA as well as chairman of the board for the NRCA, with both associations recognizing his service with their highest honors.


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SRS_Roadrunner_logos_acquisition
Distributor News

SRS Distribution Announces Acquisition of Roadrunner Roofing Supply

Roofing Contractor
Roofing Contractor Staff
August 18, 2025
No Comments

Formed in 2020, Roadrunner Roofing Supply of Arlington, Texas will join SRS Distribution's family of companies.


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coryell-roofing-logo-next-to-Latia-Murray-headshot
Hiring News

Coryell Roofing Welcomes Latia Murray as Events Coordinator

Roofing Contractor
Roofing Contractor Staff
August 18, 2025
No Comments

Coryell Roofing appointed Latia Murray as events coordinator, further enhancing the company's commitment to client experiences and community engagement.


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