Roofing and other building materials distributor Beacon acquired DM Figley Company, inc.
Terms of the transaction were not disclosed.
Based in Menlo Park, CA, DM Figley is a supplier of sealants, waterproofing and concrete repair products, catering to customers across California, with additional branches in Anaheim, Oakland, Sacramento and San Diego.
MDM’s 2025 Top Distributors Survey is Open. Submit Your Company Info Here
“We are thrilled to welcome DM Figley employees to Beacon’s Waterproofing Di
vision – which now consists of nearly 60 branches across the U.S. DM Figley is an industry-leading distributor with strong customer relationships and great technical know-how, further strengthening our nationwide platform,” Beacon Division President of Waterproofing Martin Harrell said in a March 6 news release. “As part of Beacon, DM Figley’s customers will have the opportunity to maintain local relationships built over decades while benefiting from Beacon’s expanded service offerings.”
Herndon, VA-based Beacon announced on Jan. 6 that it made two acquisitions during its 4Q24, including Westwood, MA-based Ryan Building Products and South Hadley, MA-based Fairway Wholesale distribution to further its M&A growth goals.
MDM’s 4Q24 M&A Report (store link)
The company also released its 2024 fourth quarter and full-year financial results on Feb. 27, showing 4Q sales of $2.4 billion, a 4.5% increase year-over-year and full-year sales of $9.76 billion, up 7.1% year-over-year.
Beacon was No. 5 on MDM’s Top Distributors List for Building Materials/Construction.
Related Posts
-
The company appointed a new President for its North Division, effective Jan.1, as the current…
-
Beacon shared its fourth quarter expansion efforts to support growth and improve customer service.
-
The move adds to Beacon’s more than 570 branches throughout the U.S. and Canada.
