Originally announced this past July, the deal was valued at $960 million.
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It comes just a week after the construction supplies distributor announced an acquisition in Oklahoma.
Adding five branches across Nebraska, Iowa and North Dakota, it's the fourth acquisition Beacon has announced in 2024.
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The distributor frequently cited adverse weather in its 1Q report, while poor demand remains the core issue as pricing has stabilized.
The addition of Oklahoma-based rebar distributor and fabricator will expand White Cap's rebar and structural steel product capabilities.
To serve commercial roofing contractors in markets with construction upswings, Beacon added service in Canada and Minnesota.
With the addition of Southwest Fastener in 2023 and now Unicoa, NEFCO is one of the largest local construction supply distributors in Phoenix.
Mike Hockett and Craig Webb break down the key details of the combination, why it makes sense for Home Depot and why this was likely the long-term play for SRS all along.
Denver-based specialty waterproofing distributor Smalley & Company has 11 locations across the western U.S.
The addition of roofing supply distributor Herman’s Supply Company adds 11 Ontario locations and one in New York to ABC Supply.
During the first two months of the year, spending was up 11.9% from the same period in 2023.
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Building product distributor SRS Distribution will operate as an independent business unit within The Home Depot and focus on Pro customers.
The distributor has added United Roofing Supply Katy, TX and All Canadian Building Products in Surrey, BC.
Beacon continues expanding rapidly, with three more branches now open to serve residential and commercial roofing contractors.
The acquisition doubles the number of House-Hasson's distribution centers and grows its hardware inventory.
U.S. Lumber's distribution center in Claysburg, PA, was deemed a "total loss" by the local fire department.
Building Products distributor Cameron Ashley has added 28 greenfield locations and five acquisitions in the past 5 years.
The addition of building materials distributor Kamco Supply expands GMS' wallboard distribution and geographic footprint.
