Items Tagged with 'investment'

QXO Inc. unveiled its growth plan for the former Beacon Roofing Supply when CEO Brad Jacobs delivered a keynote at Wolfe Research's 18th Annual Global Transportation & Industrials Conference in New York. 

While one in five Americans owns cryptocurrency, there is a surprising growth in construction; despite risks, two-thirds of holders say it positively impacts their lives.

Sumeru Equity Partners, a private equity firm, has invested $330M in JobNimbus, the Lehi, Utah-based SaaS for roofing contractors, to expand operations and product offerings; the founders and original investor Mainsail Partners will retain equity.

Brava Roof Tile secured investment from Golden Gate Capital to expand production and fuel growth, with its leadership team remaining intact. Terms were not disclosed.

Goldman Sachs increased its Beacon Roofing Supply shares by 11.6% in Q4, owning 602,287 shares worth $52.4M. Despite a "hold" rating from StockNews.com, other investors and analysts remain confident.

Tenex Capital Management has invested in R.F. Fager, a distributor of roofing, plumbing and HVAC supplies.

CJC Roofing joins Munz Roofing as well as Lee's Roofing as part of the growing LB Capital family of companies.

Broadwing Capital is supporting the West Palm Beach roofing contractor as part of its focus on family- and founder-owned businesses.

Texas-based private equity firm Six Pillars Partners has recapitalized Royalty Roofing and its sister company, Majestic Facility Experts to support their collective growth.

Saint-Gobain announced plans to invest $235 million in expanding its CertainTeed manufacturing facility in Palatka, Fla., doubling production capacity and installing high-efficiency equipment, further reducing its carbon footprint.