SRS Distribution acquired Acorn Roofing Supply, Prairie State Exterior Products, and 55 Building Supply, distributors of residential and commercial roofing, siding, and other related products. The terms of the deal were not publicly disclosed.
The brands, headquartered in Chicago, Ill., was founded in 1984 by Richard Sawilchik and is run today by Bryan Sawilchik and Ross Ridder. Each brand operates a single location in the greater Chicago area.
“We are pleased to announce the acquisition of Acorn Roofing Supply, Prairie State Exterior Products, and 55 Building Supply. The company has a long history in Chicago and will be a perfect complement to expand our existing footprint in the market,” Dan Tinker, president and CEO of SRS Distribution, said in a news release. “Bryan and Ross have been excellent stewards of the company’s legacy as it passed into its second generation of family ownership and we are honored to welcome their entire team to the SRS family.”
According to SRS, Sawilchik and Ridder will continue to lead the three brand’s employee base under existing brand names to ensure continuity and consistency for customers, suppliers, and employees.
“After nearly 40 years in business, our hardworking team has earned a reputation for providing quality products and exceptional service to our loyal customer base,’ Sawilchik and Ridder said in a joint statement. “We have an enormous amount of respect for the way SRS does business and firmly believe they will help take the company to newfound heights.”
McKinney, Texas-based SRS Distribution is a portfolio company of Leonard Green & Partners and Berkshire Partners. SRS operates a family of distinct local brands encompassing more than 460 locations across 44 states.
