Fredericksburg, VA-based Gulfeagle Supply has acquired Broward Roofing Supply in southern Florida.
Gulfeagle, meanwhile, is a full-line distributor of residential and commercial roofing and building products across 135 nationwide locations.
Terms were not disclosed for the transaction, which was initiated by investment bank JIAN Group, which assisted with its negotiations.
Broward had been owned by Van Snowball and the Snowball family.
“This is a great addition for Gulfeagle Supply at the same time giving the employees of Broward Supply an opportunity for growth in the future,” said Steve Burns, Partner at JIAN. “With every transaction, our goal is to exceed our client’s expectations. We were able to achieve this for Broward Roofing Supply.”
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