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Beacon Building Products

Full company profile

uuid0003vqk

Namestring
Beacon Building Products
Legal namestring
Beacon Roofing Supply, Inc.
Company typeenum
Private
Founded yearint
1928
Descriptiontext

Beacon Building Products, founded in 1928 and headquartered in Herndon, Virginia, was one of the largest publicly traded distributors of roofing, waterproofing, siding, and complementary building materials in North America, generating $9.8 billion in 2024 annual sales and employing between 5,001 and 10,000 people across the United States and Canada. The company served commercial contractors, roofing professionals, and builders through a branch-based direct distribution model, combining local service coverage with design services for commercial roofing projects and an expanding building envelope offering.

Beacon's product architecture spanned residential and commercial roofing, waterproofing solutions (anchored by Garvin Construction Products), siding (including All American Vinyl Siding Supply), architectural sheet metal (including Chicago Metal Supply & Fabrication), and general building materials, supplemented by the TRI-BUILT private label brand. Growth was driven primarily by a roll-up acquisition strategy under the Ambition 2025 plan, executing more than a dozen disclosed deals between 2023 and 2025, including the $67.2 million Midway Wholesale acquisition (2021) and tuck-ins across the Carolinas, California, the Northeast, the Midwest, and the Plains.

In April 2025, QXO, Inc. completed its approximately $11 billion acquisition of Beacon, taking the company private, delisting it from NASDAQ (ticker BECN), and consolidating its local and regional brands under the unified QXO brand. Under QXO ownership, the distribution platform has been augmented with AI-driven pricing and logistics optimization, a B2B e-commerce and mobile app layer, and API services for custom integrations, positioning the combined entity as the largest publicly traded roofing, waterproofing, and building products distributor in North America.

Short descriptiontext

Beacon Building Products (now part of QXO) is a Fortune 500 North American distributor of roofing, waterproofing, siding, and building materials, serving commercial contractors and roofing professionals through an extensive branch network across the U.S. and Canada.

Operating statusenum
Acquired
Ownership categoryenum
Headcount rangeband
5,001–10,000
akta.pro rankint
HeadquartersHerndon, United States
HQ citystring
Herndon
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
roofing materials distribution, building products wholesale, waterproofing products supply, commercial roofing supply, siding products distribution
Industry1 code
1Roofing Materials Retail (Shingles, Underlayment, Flashing)
CodeCRAIAEACPrimaryYes
NAICS code1 code
  • Roofing, Siding, and Insulation Material Merchant Wholesalers42333
SIC code1 code
  • Retail-Lumber & Other Building Materials Dealers5211
Product category
Building Materials Distribution
Social media profiles1 record
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Building Products Distribution
TypeTransaction Fee
Description

Distribution of roofing, waterproofing, siding, and complementary building materials to commercial contractors and roofing professionals through a network of locations across North America.

investing.com
Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales
GTM typeB2B
B2B
Offering typeServices
Services
Brand1 record
1TRI-BUILT
Description

Private label brand of building products

qxo.com
Core offering1 text field

Beacon Building Products is a specialty distributor of roofing, waterproofing, siding, insulation, windows, and complementary exterior building materials sold primarily to residential and commercial contractors, home builders, and roofing professionals. The company sources branded and private-label products (including its TRI-BUILT brand) from third-party manufacturers and distributes them through hundreds of branches across the U.S. and Canada, complemented by B2B e-commerce, a mobile app, and API integrations.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Beacon Building Products (now part of QXO following its $11 billion acquisition in 2025) operates as a building products distributor offering a comprehensive portfolio of roofing, waterproofing, siding, and general building materials. The company's product architecture consists of multiple product categories organized under its main distribution platform, including residential and commercial roofing, waterproofing solutions, siding products, and building materials/supplies. Key brands include the TRI-BUILT sub-brand and various acquired regional suppliers. The distribution network has been expanded through strategic acquisitions including Chicago Metal Supply & Fabrication (architectural sheet metal), Roofers Mart of Southern California (roofing), Roofers Supply of Greenville (roofing), Garvin Construction Products (waterproofing), S&H Building Material Corporation (Long Island market), and All American Vinyl Siding Supply (siding). The company also integrated Midway Wholesale (acquired 2021), which operated 10 stores across Kansas, Missouri, and Nebraska. The current QXO platform consolidates local and regional brands under one unified brand with digital capabilities including API services, integration partnerships, and a mobile app.

Product and service1 record
1TRI-BUILT
Scale indicator4 records

Each record includes

Type, Value, Description, Source

Partnership7 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2024-09-10
Description

Acquisition of family-owned architectural sheet metal business based in Chicago. Expands metal solutions capabilities and integrates new product catalog options in the Chicago region as part of growth strategy.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2024-07-10
Description

Acquisition of Roofers Mart of Southern California, a roofing supplier in the Los Angeles market. Expands service offerings for commercial contractors, enhances product catalog and customer services, supporting goal of becoming top commercial roofing distributor in North America.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2024-02-01
Description

Acquisition of Roofers Supply of Greenville, SC, adding three locations in the Carolinas. Deal extends Beacon's service coverage and enhances design services for commercial roofers in the region as part of 2024 growth strategy.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2023-10-02
Description

Acquisition of waterproofing distributor based in Medford, MA. Expands waterproofing division and national building envelope capabilities, supporting contractors with resiliency solutions for new construction and restoration projects across the U.S.

Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2023-09-05
Description

Acquisition to expand service offerings in Long Island, part of strategy to grow through multiple acquisitions and new locations in 2023, supporting Ambition 2025 goal.

Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2023-08-01
Description

Acquisition to expand product offerings in vinyl siding supply.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2021-11-01
Description

Acquisition of Midway Wholesale for $67.2 million in November 2021. Company employed 170 people and generated $130 million in annual sales across 10 stores in Kansas, Missouri, and Nebraska at time of sale.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Foundation Building Materials is a US distributor of building products including insulation, roofing, gypsum, and complementary categories, directly comparable to Beacon in serving commercial and residential contractors with a national footprint.

TypeDirect peer
Description

Allied Building Products was a major roofing, siding, and interior building products distributor acquired by Beacon in 2017 for $2.6B; its product mix and contractor customer base mirror Beacon's commercial-roofing business.

TypeDirect peer
Description

ABC Supply is the largest US distributor of roofing, siding, windows, and exterior building products, serving residential and commercial contractors through a nationwide branch network—directly competing head-to-head with Beacon in roofing distribution.

TypeBroad incumbent
Description

US LBM is a leading national distributor of lumber, millwork, and building materials serving residential and commercial builders—comparable to Beacon in operating a branch-based building materials distribution model via acquisition-driven roll-up.

TypeBroad incumbent
Description

HD Supply is a large multi-category distributor serving maintenance, repair, and construction professionals in North America—an incumbent with overlapping MRO and construction-customer relationships comparable to Beacon's contractor base.

TypeDirect peer
Description

SRS Distribution is a privately held roofing and building products distributor serving residential and commercial contractors across the US, growing aggressively through acquisitions in the same roofing-distribution niche as Beacon.

TypeDirect peer
Description

Lansing distributes exterior building products—windows, siding, roofing, and rainware—to contractors and builders, overlapping with Beacon's commercial roofing and siding distribution offering.

TypeBroad incumbent
Description

Boise Cascade manufactures and distributes engineered wood products, lumber, and building materials across North America, serving many of the same contractor and dealer customers as Beacon.

TypeBroad incumbent
Description

Ferguson is a large publicly traded distributor of plumbing, HVAC, and related building products serving contractors across North America—an analogous distribution-led business model at much broader scale than Beacon.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers2 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
Yes

Docs URL, Description

Integration2 records

Each record includes

Title, Type, Description, Source

AI capability4 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles18 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries7 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds3 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors1 record

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A25 records

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Beacon Building Products

Building Materials Distributionbeaconroofingsupply.com

Beacon Building Products (now part of QXO) is a Fortune 500 North American distributor of roofing, waterproofing, siding, and building materials, serving commercial contractors and roofing professionals through an extensive branch network across the U.S. and Canada.

What Beacon Building Products does

Beacon Building Products, founded in 1928 and headquartered in Herndon, Virginia, was one of the largest publicly traded distributors of roofing, waterproofing, siding, and complementary building materials in North America, generating $9.8 billion in 2024 annual sales and employing between 5,001 and 10,000 people across the United States and Canada. The company served commercial contractors, roofing professionals, and builders through a branch-based direct distribution model, combining local service coverage with design services for commercial roofing projects and an expanding building envelope offering.

Beacon's product architecture spanned residential and commercial roofing, waterproofing solutions (anchored by Garvin Construction Products), siding (including All American Vinyl Siding Supply), architectural sheet metal (including Chicago Metal Supply & Fabrication), and general building materials, supplemented by the TRI-BUILT private label brand. Growth was driven primarily by a roll-up acquisition strategy under the Ambition 2025 plan, executing more than a dozen disclosed deals between 2023 and 2025, including the $67.2 million Midway Wholesale acquisition (2021) and tuck-ins across the Carolinas, California, the Northeast, the Midwest, and the Plains.

In April 2025, QXO, Inc. completed its approximately $11 billion acquisition of Beacon, taking the company private, delisting it from NASDAQ (ticker BECN), and consolidating its local and regional brands under the unified QXO brand. Under QXO ownership, the distribution platform has been augmented with AI-driven pricing and logistics optimization, a B2B e-commerce and mobile app layer, and API services for custom integrations, positioning the combined entity as the largest publicly traded roofing, waterproofing, and building products distributor in North America.

Beacon Building Products firmographics

Firmographics
Name
Beacon Building Products
Legal name
Beacon Roofing Supply, Inc.
Website
https://beaconroofingsupply.com
Company type
Private
Founded year
1928
Operating status
Acquired
Headcount range
5,001–10,000 employees
Short description
Beacon Building Products (now part of QXO) is a Fortune 500 North American distributor of roofing, waterproofing, siding, and building materials, serving commercial contractors and roofing professionals through an extensive branch network across the U.S. and Canada.
Ownership category
akta.pro rank

Beacon Building Products industry classification

Industry
Product category
Building Materials Distribution
NAICS
Roofing, Siding, and Insulation Material Merchant Wholesalers (42333)
SIC
Retail-Lumber & Other Building Materials Dealers (5211)
akta.pro primary industry
Roofing Materials Retail (Shingles, Underlayment, Flashing) (CRAIAEAC)

Keywords

  • Roofing materials distribution
  • Building products wholesale
  • Waterproofing products supply
  • Commercial roofing supply
  • Siding products distribution

Where Beacon Building Products is headquartered

Location

Headquarters

HQ city
Herndon
HQ country
United States
HQ region
North America

Offices1 record

Markets served

Beacon Building Products business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales

Revenue model

  1. Building Products Distribution: Distribution of roofing, waterproofing, siding, and complementary building materials to commercial contractors and roofing professionals through a network of locations across North America.

Go-to-market motion1 record

Distribution channels1 record

Beacon Building Products product offering

Product offering

Core offering

Beacon Building Products is a specialty distributor of roofing, waterproofing, siding, insulation, windows, and complementary exterior building materials sold primarily to residential and commercial contractors, home builders, and roofing professionals. The company sources branded and private-label products (including its TRI-BUILT brand) from third-party manufacturers and distributes them through hundreds of branches across the U.S. and Canada, complemented by B2B e-commerce, a mobile app, and API integrations.

Product overview

Beacon Building Products (now part of QXO following its $11 billion acquisition in 2025) operates as a building products distributor offering a comprehensive portfolio of roofing, waterproofing, siding, and general building materials. The company's product architecture consists of multiple product categories organized under its main distribution platform, including residential and commercial roofing, waterproofing solutions, siding products, and building materials/supplies. Key brands include the TRI-BUILT sub-brand and various acquired regional suppliers. The distribution network has been expanded through strategic acquisitions including Chicago Metal Supply & Fabrication (architectural sheet metal), Roofers Mart of Southern California (roofing), Roofers Supply of Greenville (roofing), Garvin Construction Products (waterproofing), S&H Building Material Corporation (Long Island market), and All American Vinyl Siding Supply (siding). The company also integrated Midway Wholesale (acquired 2021), which operated 10 stores across Kansas, Missouri, and Nebraska. The current QXO platform consolidates local and regional brands under one unified brand with digital capabilities including API services, integration partnerships, and a mobile app.

Differentiator

Problem solved

Functional benefit

Brands

  • TRI-BUILT: Private label brand of building products

Products and services

  • TRI-BUILT

Companies that use Beacon Building Products

Customer profile

Named customers2 records

Segments2 records

Ideal customer profiles3 records

Beacon Building Products technology and API

Technology

Technology focussed No

API detail

Has API
Yes
API docs
API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability4 records

Beacon Building Products partnerships and signals

Strategic signal

Partnerships

Seven partnerships are on record, tiered core and minor.

  • Chicago Metal Supply & FabricationcoreStrategic or Co-development Partner · 10 September 2024Acquisition of family-owned architectural sheet metal business based in Chicago. Expands metal solutions capabilities and integrates new product catalog options in the Chicago region as part of growth strategy.
  • Roofers Mart of Southern CaliforniacoreStrategic or Co-development Partner · 10 July 2024Acquisition of Roofers Mart of Southern California, a roofing supplier in the Los Angeles market. Expands service offerings for commercial contractors, enhances product catalog and customer services, supporting goal of becoming top commercial roofing distributor in North America.
  • Roofers Supply of GreenvillecoreStrategic or Co-development Partner · 1 February 2024Acquisition of Roofers Supply of Greenville, SC, adding three locations in the Carolinas. Deal extends Beacon's service coverage and enhances design services for commercial roofers in the region as part of 2024 growth strategy.
  • Garvin Construction ProductscoreStrategic or Co-development Partner · 2 October 2023Acquisition of waterproofing distributor based in Medford, MA. Expands waterproofing division and national building envelope capabilities, supporting contractors with resiliency solutions for new construction and restoration projects across the U.S.
  • S&H Building Material CorporationminorStrategic or Co-development Partner · 5 September 2023Acquisition to expand service offerings in Long Island, part of strategy to grow through multiple acquisitions and new locations in 2023, supporting Ambition 2025 goal.
  • All American Vinyl Siding SupplyminorStrategic or Co-development Partner · 1 August 2023Acquisition to expand product offerings in vinyl siding supply.
  • Midway WholesalecoreStrategic or Co-development Partner · 1 November 2021Acquisition of Midway Wholesale for $67.2 million in November 2021. Company employed 170 people and generated $130 million in annual sales across 10 stores in Kansas, Missouri, and Nebraska at time of sale.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Beacon Building Products competitors and assessment

Company assessment

Peers

Direct peers

  • Foundation Building Materials: Foundation Building Materials is a US distributor of building products including insulation, roofing, gypsum, and complementary categories, directly comparable to Beacon in serving commercial and residential contractors with a national footprint.
  • Allied Building Products: Allied Building Products was a major roofing, siding, and interior building products distributor acquired by Beacon in 2017 for $2.6B; its product mix and contractor customer base mirror Beacon's commercial-roofing business.
  • ABC Supply Co. ABC Supply is the largest US distributor of roofing, siding, windows, and exterior building products, serving residential and commercial contractors through a nationwide branch network—directly competing head-to-head with Beacon in roofing distribution.
  • SRS Distribution: SRS Distribution is a privately held roofing and building products distributor serving residential and commercial contractors across the US, growing aggressively through acquisitions in the same roofing-distribution niche as Beacon.
  • Lansing Building Products: Lansing distributes exterior building products—windows, siding, roofing, and rainware—to contractors and builders, overlapping with Beacon's commercial roofing and siding distribution offering.

Broad incumbents

  • US LBM: US LBM is a leading national distributor of lumber, millwork, and building materials serving residential and commercial builders—comparable to Beacon in operating a branch-based building materials distribution model via acquisition-driven roll-up.
  • HD Supply: HD Supply is a large multi-category distributor serving maintenance, repair, and construction professionals in North America—an incumbent with overlapping MRO and construction-customer relationships comparable to Beacon's contractor base.
  • Boise Cascade: Boise Cascade manufactures and distributes engineered wood products, lumber, and building materials across North America, serving many of the same contractor and dealer customers as Beacon.
  • Ferguson Enterprises: Ferguson is a large publicly traded distributor of plumbing, HVAC, and related building products serving contractors across North America—an analogous distribution-led business model at much broader scale than Beacon.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Beacon Building Products social profiles

Digital presence

Beacon Building Products financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Beacon Building Products leadership team

Management profile

Number of profiles

Profiles18 records

Beacon Building Products subsidiaries and ownership

Company hierarchy

Subsidiaries7 records

Beacon Building Products funding detail

Funding detail

Funding overview

Funding rounds3 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Beacon Building Products M&A and investment

M&A and investment

M&A25 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Beacon Building Products

What does Beacon Building Products do?

Beacon Building Products is a specialty distributor of roofing, waterproofing, siding, insulation, windows, and complementary exterior building materials sold primarily to residential and commercial contractors, home builders, and roofing professionals. The company sources branded and private-label products (including its TRI-BUILT brand) from third-party manufacturers and distributes them through hundreds of branches across the U.S. and Canada, complemented by B2B e-commerce, a mobile app, and API integrations.

Is Beacon Building Products a public or private company?

Beacon Building Products is a private company. It is classified as corporate owned and is currently acquired.

When was Beacon Building Products founded?

Beacon Building Products was founded in 1928. It employs 5,001 to 10,000 people.

Where is Beacon Building Products based?

Beacon Building Products is headquartered in Herndon, United States, in the North America region.

How does Beacon Building Products make money?

One revenue line is on record: building Products Distribution.

Who are Beacon Building Products's main competitors?

QXO, Inc. is listed as a peer. Direct peers are Foundation Building Materials, Allied Building Products, ABC Supply Co., SRS Distribution and Lansing Building Products. Broad incumbents are US LBM, HD Supply, Boise Cascade and Ferguson Enterprises.

Does Beacon Building Products have an API?

Yes. QXO provides API Services for custom integrations. The website references an 'API Services' page and 'Custom API' functionality, suggesting developer-facing APIs are available for partners or enterprise customers to build integrations. Specific details on protocol (REST, GraphQL, etc.), authentication methods, rate limits, or sandbox availability are not specified in the available source material.

What industry is Beacon Building Products in?

Beacon Building Products's product category is Building Materials Distribution. Its primary akta.pro industry code is CRAIAEAC, Roofing Materials Retail (Shingles, Underlayment, Flashing). Its NAICS code is 42333 and its SIC code is 5211.

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Live signals
Seeking AlphaQXO: A Rough Start, But I'm Not Giving Up On Brad Jacobs (NYSE:QXO)QXO's acquired Beacon Roofing sales declined after the acquisition, with Q2'26 showing a -2% year-over-year drop. Reported margin expansion is largely from inventory adjustments, not efficiency gains. The company expects EPS to more than double in FY'27, with analysts projecting a forward P/E of 19x.Business Wire BlogQXO Reports Second Quarter 2026 ResultsQXO, Inc. reported a net loss of $55 million for the second quarter of 2026, driven by significant amortization and restructuring costs associated with its recent acquisitions of Kodiak Building Partners and Beacon Roofing Supply. Despite the GAAP loss, the company posted adjusted diluted earnings per share of $0.08 and net sales of $3.25 billion, reflecting growth from the acquired entities. QXO also announced the completion of its acquisition of TopBuild Corp., positioning itself as the second-largest publicly traded building products distributor in North America.Modern Distribution ManagementThe KPIs Raising the Bar for Mid-Market DistributorsQXO is implementing a strategic operating model centered on six key performance indicators, including inventory turns and EBITDA per site, to drive efficiency following its acquisition of Beacon Roofing Supply. Ducker Carlisle reports that mid-market distributors currently lag behind best-in-class benchmarks in metrics such as inventory turnover and on-time delivery, creating pressure for operational improvement.Simply Wall StIs QXO (QXO) Undervalued On The Utah Verdict Despite No Negligence Finding?A Utah jury awarded $86 million in a nuclear verdict against QXO despite finding no negligence, prompting investors to reassess the company's legal risk as the stock rebounded 8.9% in one day. The article analyzes whether QXO is undervalued at its current market value of approximately $14.6 billion and share price of $15.34, citing a commonly followed fair value estimate of $32.53 per share based on the company's M&A consolidation strategy in the building products distribution market. QXO has built a $2.13 billion EBITDA pro-forma platform through acquisitions including Beacon Roofing Supply, Kodiak Building Partners, and TopBuild, though the preferred stock and debt structures involved create integration risks.BuilderonlineQXO Completes TopBuild AcquisitionQXO has completed its $17 billion acquisition of TopBuild Corp, further expanding its scale and capabilities within the North American building products sector. The company expects to generate at least $300 million in annual synergies by 2030 through procurement, pricing, and cross-selling initiatives. This transaction follows recent acquisitions of Beacon Roofing Supply and Kodiak Building Partners as QXO shifts its operational focus toward integration.MainebizFive-building industrial portfolio with strong tenant turns over three years after last saleSwingPoint LLC and North River Co. bought a five-building industrial portfolio in Portland, Auburn, and Bangor from Capital Properties LLC for $14.5 million. The 152,757-square-foot, fully leased property includes Beacon Roofing Supply, which was acquired by QXO in April 2025. The deal came less than three years after Capital Properties purchased the portfolio.YahooLatest trucking nuclear verdict: $81 million, this time in UtahA Utah jury awarded an $81 million verdict against Allied Building Products, whose day cab killed 12-year-old Michael Madsen in a crosswalk in December 2018, marking the largest civil verdict in Utah state history and one of the largest nuclear verdicts in trucking in recent years. Following the retrial verdict, both parties reached a confidential settlement agreement that supersedes the judgment, with a QXO spokesman confirming the payment was fully covered by insurance. The case has now been inherited by QXO, the logistics company that acquired former owner Beacon Roofing Supply as its first acquisition, and the verdict is expected to influence future litigation outcomes against trucking companies.BusinessmodelcanvastemplateWhat is Customer Demographics and Target Market of Beacon Roofing Supply Company?This article provides an informational overview of Beacon Roofing Supply's business model, customer demographics, and market strategy rather than reporting a specific news event. The company operates as a B2B distributor across North America with over $9 billion in revenue, serving residential roofing contractors (50-55% of sales), commercial roofing contractors (25-30%), and homebuilders/complementary trades. The piece details Beacon's dual approach combining traditional branch-based service with digital tools like its PRO+ platform and ProAccount loyalty program, while expanding into green products and Sun Belt markets for growth.ThedealsheetRoofing Contractors M&A: $100B PE Roll-Up PlaybookThe U.S. roofing industry is a $100 billion market growing at 6% CAGR through 2033, driven by aging housing stock (median home age 40 years), $31 billion in annual insurance claims, and 80% non-discretionary re-roofing demand. Private equity platforms have surged from 17 in early 2023 to 56 by late 2024, completing 134 acquisitions in 2024 alone, with notable deals including QXO's $10.6 billion acquisition of Beacon Building Products and TopBuild's $810 million purchase of Progressive Roofing. Valuation multiples have normalized to 6x-9x EBITDA for quality platforms (down from 8x-11x peaks), creating disciplined entry points as 56 PE-backed platforms with $3 billion-plus committed capital compete for fragmented operators amid 12,700 annual job openings and 21% workforce turnover.RoofingcontractorMaking Moves: How Mega Mergers are Redefining Roofing DistributionThe roofing distribution industry has experienced a wave of mega-mergers over the past year, with four major deals totaling over $41 billion reshaping the competitive landscape. QXO completed a hostile $10.6 billion acquisition of Beacon Building Products, while The Home Depot acquired SRS Distribution for $18.25 billion and subsequently completed SRS's $5.5 billion acquisition of GMS Inc. Meanwhile, Lowe's purchased Foundation Building Materials for $8.8 billion and James Hardie merged with AZEK Company in an $8.8 billion deal. The consolidation is creating what industry observers call the "Big 3" of distribution, raising concerns about the decline of independent distributors who now compete with increasingly large, private-equity-backed entities for manufacturer relationships.