The 2020 Mid-Year Economic Update_long

Beacon Roofing Supply Buys Independent Building Materials

IBM distributes residential roofing systems through one location in Florida.

Beacon Roofing Supply, Inc. (Nasdaq: BECN), Peabody, MA, has acquired Independent Building Materials (IBM), a distributor of mostly residential roofing systems and related accessories with one location in Orlando, FL.

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Rick Stiskin, co-founder of IBM, will remain IBM’s General Manager and be part Beacon’s regional leadership team.

\”IBM presents us with an excellent opportunity to enter the Orlando market and begin to expand our footprint in Florida,\” says Paul Isabella, Beacon president and COO. \”Equally important is that IBM’s team shares our belief that success comes from hard work and a strong commitment to your employees and customers.\”

Beacon Roofing Supply, Inc. is a distributor of roofing materials and complementary building products operating 174 branches in 37 states in the United States and in three provinces in Eastern Canada.

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