HERNDON, Va.--(BUSINESS WIRE)--
Beacon Roofing Supply, Inc. (Nasdaq: BECN) ("Beacon") announced today
that it has acquired RCI Roofing Supply ("RCI"), a distributor of
residential and commercial roofing and related products with five
branches across Nebraska, Iowa and Colorado. Founded in 1983, RCI
currently has branches in Omaha, Kearney and Lincoln, Nebraska; Council
Bluffs, Iowa; and Pueblo, Colorado.
RCI founder Richard Lynch stated: "Joining the Beacon team presents a
tremendous opportunity for my family and RCI's loyal customers and
employees. Beacon's strong market presence in Omaha and across Nebraska,
Iowa and Colorado will enable us to better serve our customers with
broader product offerings and even more efficient deliveries. We chose
to align with Beacon because Beacon shares our belief that success comes
from hard work and great customer service and because Beacon presented
the greatest growth opportunities for my sons Dennis and Todd and all of
RCI's employees. I am very excited for their future at Beacon."
Paul Isabella, Beacon's CEO and President, emphasized the strategic fit
of the acquisition and the compatibility of the two companies and
stated, "We are very excited that RCI has joined the Beacon team.
Richard, Dennis and Todd Lynch have built a great company with a strong
customer base and experienced employees. Combining RCI with our existing
Roof Depot and new RSG branches gives us unmatched market penetration in
Omaha and an even better ability to service our Nebraska, Iowa and
Colorado customers. The RCI acquisition also shows that Beacon is ready,
willing and able to capitalize on the momentum of the RSG deal by
continuing to add high-quality companies to our team."
About Beacon Roofing Supply, Inc.
Founded in 1928, Beacon Roofing Supply, Inc. (NASDAQ: BECN) is the
largest publicly traded distributor of residential and commercial
roofing materials and complementary building products, operating 360
branches throughout 45 states in the U.S. and six provinces in Canada.
To learn more about Beacon and its family of regional brands, please
visit www.becn.com.
"Safe Harbor" Statement under the Private Securities Litigation Reform
Act of 1995: Statements in this press release regarding Beacon Roofing
Supply Inc.'s business which are not historical facts are
"forward-looking statements" that involve risks and uncertainties. For a
discussion of such risks and uncertainties, which could cause actual
results to differ from those contained in the forward-looking
statements, see "Risk Factors" in the Company's Annual Report on Form
10-K for the most recently ended fiscal year.
BECN-F
View source version on businesswire.com: http://www.businesswire.com/news/home/20151201006535/en/
Beacon Roofing Supply, Inc.
Joseph Nowicki, 571-323-3940
Executive
Vice President & Chief Financial Officer
JNowicki@becn.com
Source: Beacon Roofing Supply, Inc.
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