Beacon Announces Acquisition of H&H Roofing
November 01 2023 - 10:33AM
Business Wire
Bakersfield, CA, contractors to benefit from
additional products and services
Beacon (Nasdaq: BECN) announced today that it has completed the
acquisition of H&H Roofing Supply, LLC (“H&H Roofing”) of
Bakersfield, CA.
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the full release here:
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H&H Roofing has a 20-year history serving the Bakersfield
community. “Joining forces with Beacon is a great fit for our
contractors and employees,” commented Scott Hill, owner of H&H
Roofing. “Contractors will continue to have a partner with
relentless focus on customer service as well as benefit from the
Beacon’s PRO+ app and TRI-BUILT private label products.”
“We are thrilled to deepen our presence in the Central Valley
and add Bakersfield to our service area in California where we now
have 33 branches. Scott and the H&H Roofing team have
established a tremendous foundation of roofing expertise and
service reliability to drive further growth,” added Nevin Holly,
Beacon’s Regional Vice President, Pacific.
Year to date in 2023, Beacon has expanded its branch footprint
through the completion of nine acquisitions and the opening of 19
new greenfield locations. Serving customers via these additional
locations aligns with our Ambition 2025 goals to drive above-market
growth.
About Beacon Founded in 1928, Beacon is a Fortune 500,
publicly traded distributor of building products, including roofing
materials and complementary products, such as siding and
waterproofing. The company operates over 500 branches throughout
all 50 states in the U.S. and 6 provinces in Canada. Beacon serves
an extensive base of nearly 100,000 customers, utilizing its vast
branch network and diverse service offerings to provide
high-quality products and support throughout the entire business
lifecycle. Beacon offers its own private label brand, TRI-BUILT®,
and has a proprietary digital account management suite, Beacon
PRO+, which allows customers to manage their businesses online.
Beacon’s stock is traded on the Nasdaq Global Select Market under
the ticker symbol BECN. To learn more about Beacon, please visit
www.becn.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20231101272678/en/
INVESTOR CONTACT Binit Sanghvi VP,
Capital Markets and Treasurer Binit.Sanghvi@becn.com
972-369-8005
MEDIA CONTACT Jennifer Lewis VP,
Communications and Corporate Social Responsibility
Jennifer.Lewis@becn.com 571-752-1048
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