Peabody-based Beacon Roofing Supply Inc. has acquired Florida’s Phoenix Sales Inc., a distributor of commercial roofing systems and related accessories.

Phoenix has four branches in Tampa, Orlando, Pompano and Ft. Myers, Fla., and sales of approximately $20 million in 2009.

Scott Hall and Jim Coston, who co-founded Phoenix, will remain part of Beacon’s regional leadership team.

"We are very excited to join Beacon as it expands its presence in the Florida market. Joining Beacon will enable Phoenix to better serve our customers in many ways, including through expanded product offerings," said Hall.

"Joining Beacon also presents a fantastic opportunity for our employees, as Beacon’s size and reputation in the industry will allow us to grow our business, which will benefit the entire Phoenix team," said Coston.

Paul Isabella, Beacon’s president and COO, emphasized the strategic fit of the Phoenix acquisition to Beacon’s growth in Florida.

"We are very excited to have Phoenix and its experienced commercial roofing team join Beacon. We now have a strong commercial roofing presence in Central Florida to accompany our recently-acquired residential roofing business. Florida presents a great long-term growth opportunity for our company and we are committed to expanding our footprint in Florida," said Isabella.

 

Beacon Roofing Supply Acquires Florida Roofing Co.

by Banker & Tradesman time to read: 1 min
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