Beacon Roofing Supply, Inc.

Beacon Roofing Supply, Inc.

Beacon Roofing Supply, Inc.

Overview
Date Founded

1997

Headquarters

1 Lakeland Park Drive,Peabody, MA 01960-3835

Type of Company

Public

Employees (Worldwide)

7,582

Industries

Wholesale: Industrial Products & Manufacturing
Real Estate
Industrial Machinery & Manufacturing
Engineering, Construction & Architecture

Company Description

Beacon Roofing Supply, Inc. is one of the largest distributors of residential and non-residential roofing and complementary building products in North America. We currently consist of 13 regional companies in 38 states and 6 Canadian Provinces with 229 locations and more than 2,800 employees. We are known throughout the building supply industry for having quality people, quality service and quality building products. Beacon’s mission is to be the leading North American supplier to commercial and residential roofing and exterior building contractors through a family of long-established regional suppliers and to add value to our contractor customers' businesses, to our employees' careers, to our investors' assets, and to our suppliers' products. Our local branches stock a comprehensive product line that caters to their markets. In addition to roofing, local product offerings can include windows, siding, decking, waterproofing and many other external building products. Our status as a leader in our industry allows us to develop strong partnerships with leading brand manufacturers and to stock an unmatched supply of the professional components necessary for the quality, timely completion of our contractor-customers projects. We provide our customers with a comprehensive array of value-added services which distinguish us from our competition. We have earned a reputation for excellent employees, professionalism and high-quality service. We believe that quality service does not end with the delivery of materials – it ends with the successful completion of the project. As a result, “partnerships” are formed between Beacon branches and our customers that go beyond the industry norm. Beacon has grown by expanding its existing regions and by making strategic acquisitions. Our business is well-balanced between new and re-roof applications in both residential and commercial markets. A highly scalable platform, a proven business model, results-oriented management and a strong people-focused corporate culture give us a solid foundation for continued growth. Beacon Roofing Supply is publicly traded on the NASDAQ stock market under the symbol BECN. In June of 2006 Beacon Roofing Supply was named to the NASDAQ Global Select Market

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Executives & Employees

President & Chief Executive Officer

Regional Vice President of North Coast Roofing Systems

Executive Vice President & Chief Financial Officer

Chief Operating Officer

Secretary, Executive Vice President & General Counsel

Executive Vice President & Chief Information Officer

Vice President & Chief Credit Officer

Executive Vice President & Chief Supply Chain Officer

Chief Logistics Officer & Executive Vice President

Executive Vice President & Chief Human Resources Officer

Board of Directors

Partner at Clayton Dubilier & Rice LLC

President & Chief Executive Officer at BGF Enterprises LLC

Vice President at Youth for Tomorrow-New Life Center, Inc.

Former President & Chief Executive Officer at Beacon Roofing Supply, Inc.

Member-Dean Council at The University of Chicago

Former President & Chief Executive Officer at GI Dynamics, Inc.

Former Chief Executive Officer at Louisiana-Pacific Corp.

President & Chief Operating Officer-Residential Heating & Cooling Segment at Lennox International, Inc.

President & Chief Executive Officer at Beacon Roofing Supply, Inc.

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Beacon Roofing Supply, Inc.
Owners & Shareholders
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Iridian Asset Management is an independently owned, value-oriented investment management firm focused on active equity investment strategies for institutional investors, including foundations and endowments, corporate and public pension funds, sub-advised and Taft Hartley funds. As of September 30, 2012, assets under management totalled $7.7 billion in U.S. mid-cap, large-cap and small-cap equity strategies. Iridian was founded in 1996 by David Cohen and Harold Levy, two seasoned investment professionals who have worked side-by-side in the investment industry for over 20 years. Our unique "private business value" approach to investing, which drives our mid-cap and large-cap strategies, has its roots in their early investment careers, which encompassed direct experience in private equity, venture capital, distressed debt and bankruptcy takeovers. In analyzing investment opportunities, our founders learned the importance of focusing on cash-related metrics and in-depth, critical assessment of a company's management — two key factors that have been fundamental in shaping a shared and distinctive investment philosophy. In December 2009, the co-portfolio management team of Jordan D. Alexander and Stephen A. Friscia, Jr. joined Iridian to manage a Small-Cap Value strategy. Jordan and Stephen have worked together since 1998 and have co-managed small cap value strategies as a team since 2000. Today, Iridian is built around a collaborative team of experienced investment professionals managing a range of traditional investment strategies for institutional investors.

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FTAM uses both fundamental and quantitative research as methods of analysis for their investment strategies; however, their investment approach does not fall into either the traditional fundamental or quantitative categories. The firm believes that while stock markets are efficient most of the time, behavioral anomalies can arise under certain circumstances, resulting in exploitable mispricing opportunities. FTAM’s strategies primarily invest in US listed companies and are a long only or a long/short strategy and may employ futures, ETFs and leverage. Their investment strategies include small-cap growth, small-cap value, small-cap core, behavioral small-cap equity, mid-cap value, micro-cap, low volatility behavioral equity market neutral and behavioral unconstrained equity.

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Maverick Capital’s investment process is driven by intensive, fundamental bottom-up research. They deploy capital to individual investment opportunities that it believes offer the highest returns relative to risk, regardless of index weightings, market capitalization or style orientations. Their research is augmented by a top-down view of individual industries, as well as the efforts of their quantitative research team. While fundamentals still drive security selection, the quantitative research effort plays an important role in Maverick’s portfolio construction, security selection and risk management. The firm’s investment team is organized into six industry sector teams: Consumer, Financials, Healthcare, Industrials, Media & Telecom and Technology. The industry sector teams are supported by two discipline research teams: private investments and quantitative. The firm’s founder – Lee S. Ainslie III – has ultimate responsibility for all portfolio decisions for Maverick Funds and related Separate Account Clients.

Recent Transactions
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Riverhead Building Supply Corp. purchases United Builders Supply Co., Inc. from Beacon Roofing Supply, Inc.

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Beacon Roofing Supply, Inc. purchases Atlas Supply, Inc.

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Beacon Roofing Supply, Inc. purchases Allied Building Products Corp. from CRH Plc

Transaction Advisors
Underwriter

Advised onBeacon Roofing Supply, Inc. issued USD Common Stock

Legal Advisor

Advised onBeacon Roofing Supply, Inc. purchases SDI Holding, Inc. from Brazos Private Equity Partners

Underwriter

Advised onBeacon Roofing Supply, Inc. issued USD Common Stock

Legal Advisor

Advised onBeacon Roofing Supply, Inc. purchases Allied Building Products Corp. from CRH Plc

Legal Advisor

Advised onBeacon Roofing Supply, Inc. issued USD Common Stock

Managing Director

Advised onBeacon Roofing Supply, Inc. issued USD Common Stock

Key Stats and Financials As of 2020
Market Capitalization
$2.96B
Total Enterprise Value
$5.11B
Earnings Per Share
$-1.52
Revenue
$6.94B
Net Profit
$-80.9M
EBITDA
$442M
EBITDAMargin
6.37%
Total Debt
$3.2B
Total Equity
$2.16B
Enterprise Value / Sales
0.74x
Enterprise Value EBITDAOperating
10.56x
TEVNet Income
-63.17x
Debt TEV
0.63x
Three Year Compounded Annual Growth Rate Of Revenue
16.63%
Non-Profit Donations & Grants
Investors
Details Hidden

CHS focuses exclusively on investments in middle-market companies. They invest in the business and consumer services, consumer products, distribution and infrastructure and industrial products sectors. The firm prefers to make control investments, but they may also make minority investments. CHS also seeks add-on acquisitions of any size for their existing portfolio companies. The firm does not invest in turnarounds or venture capital opportunities. CHS looks for companies operating in industries where end-use demand is growing. They also look for companies with exceptional management teams, sustainable competitive advantages and multiple opportunities to increase sales and earnings, both internally and through add-on acquisitions. The firm requires the companies in which they invest to have systems and controls in place that allow performance to be evaluated against detailed business plans.

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Gibraltar Industries Inc. decided to provide local homes and businesses with cleaning services to help create a better environment for everyone and decrease those effects of living with dust, molds, mildew, and bacterias which can cause illness. We are determined to improve your workplace or home by using environmental friendly and non-allergenic products.

Alcoa, Inc. Industrial Machinery & Manufacturing | New York, NY

Alcoa, Inc. engages in the lightweight metals engineering and manufacturing. Its products are used worldwide in aircraft, automobiles, commercial transportation, packaging, oil and gas, defense, and industrial applications. It operates through the following segments: Alumina; Primary Metals; Global Rolled Products; Engineered Products and Solutions; and Transportation and Construction Solutions. The Alumina segment consists of a portion of Alcoa's upstream operations and consists of the company's worldwide refinery system, including the mining of bauxite, which is then refined into alumina. The Primary Metals segment comprises of Alcoa's upstream operations and consists of the company's worldwide smelter system. The Global Rolled Products segment is involved in the production and sale of aluminum plate, sheet and foil. The Engineered Products and Solutions segment involves in the production and sale of titanium, aluminum, and super alloy investment castings, hard alloy extrusions, forgings and fasteners, aluminum wheels, integrated aluminum structural systems, and architectural extrusions. The Transportation and Construction Solutions segment engages in downstream operations and produces products that are used mostly in the nonresidential building and construction and commercial transportation end markets. The company was founded by Charles Martin Hall on October 1, 1888 and is headquartered in New York, NY.

Continental Materials Corp. Building Products & Construction Materials | Chicago, IL

Continental Materials Corp. engages in the provision of heating, ventilation and air conditioning, and construction products. It operates through following segments: HVAC; Door; and Construction Materials. The HVAC segment sells a variety of products including residential and commercial wall furnaces, fan coils, evaporative coolers, boiler room equipment, dryer boxes, and related accessories. The Door segment markets and installs hollow metal and wood doors, door frames and related hardware, sliding door systems, and electronic access and security systems. The Construction Materials segment offers a variety of construction related products including limestone, gravel, sand, steel rebar, and consumable construction products. The company was founded in 1954 and is headquartered in Chicago, IL.

Awards & Honors
Rank #837
2016
Fortune Magazine - Fortune 1000 Companies
Sponsored by Fortune Magazine
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