Beacon Roofing Supply the No. 4 company on the ProSales 100, announced today it has acquired Eco Insulation Supply (EIS) of Stamford, Conn. The deal gives Beacon what it called “new and important geographical reach” in southern New England and the New York metro area.
“Beacon’s commitment to its insulation business, along with Beacon’s size and relationships with the major insulation manufacturers, will open new doors for EIS and provide growth opportunities that we could not achieve independently,” EIS President Kevin Brown said in a Beacon-issued news release. Brown will remain with EIS after it joins Beacon.
Today’s news comes just over a year after Beacon’s December 201 acquisition of Roofing & Insulation Supply, a Texas-based firm with several branches serving southern New England.
Paul Isabella, Beacon’s CEO and president, said the deal will provide an excellent complement to Beacon’s insulation footprint, which we are committed to growing both through additional acquisitions of great companies like EIS and through strategic greenfield openings. I welcome Kevin Brown and all of EIS’s experienced employees and know that they will be great additions to Beacon.”
Beacon operates 373 branches in 47 U.S. states and six Canadian provinces.
