SRS Distribution announced today that American Roofing Supply of Denver, Colorado will join the SRS Family of Companies
McKinney, TX - March 8, 2018:
SRS Distribution ("SRS" or "the Company") is pleased to announce today that it has executed a definitive agreement pursuant to which American Roofing Supply ("American"), a family-owned distributor of residential and commercial roofing products & accessories, will join the SRS Family of Companies. American is headquartered in Denver, Colorado. Terms of the agreement were not disclosed.
American Roofing Supply was founded in 1983 and currently employs a team of over 60 people. American covers a primary market area of Eastern Colorado and the Front Range, servicing professional contractors, local homebuilders, home improvement contractors, and remodelers. The Douglass and Randel Families and American's entire sales and operations team will be staying with the company to run the operation going forward. As a result of this acquisition, SRS will transition all existing and future Colorado locations to operate under the American Roofing Supply name.
Dan Tinker, President & CEO of SRS Distribution, commented, "We are pleased to welcome the American Roofing Supply team to the SRS Family. American is a company that we have long admired and we could not be more excited to join forces with them in the vibrant Colorado market. We will put all of the SRS resources behind the American team, who have themselves developed many competitive advantages we can learn from and leverage. We are honored and humbled that Don and Vern chose SRS to be their partner for growth in the coming years."
Don Douglass, President of American Roofing Supply, added, "We are thrilled to announce that we have found the right partner for the future of American in SRS. We certainly could have joined forces with anyone, but we felt the SRS team cared the most about our employees and would do the best job at preserving the legacy and heritage of the company. We feel our employees now have unlimited career opportunities for growth and a chance to be shareholders going forward, which was a key factor in our decision."
Headquartered in McKinney, TX, SRS is a roofing distribution holding company that with the addition of American Roofing Supply will include 210 locations in 41 states operating under the names: Suncoast Roofers Supply, Southern Shingles, Midwest Roofing Supply, River City Wholesale, Superior Distribution, Shake & Shingle Supply, RoofLine Supply & Delivery, Stoneway Roofing Supply, Heritage Wholesalers, Myles F. Kelly, Commercial Distribution Specialists, B&L Wholesale Supply, Advanced Building Products, Atlantic Roofing Distributors, Monroe Aluminum Products, National Building and Roofing Supplies, Metro Roofing Supplies, Kohl Building Products, SG Wholesale Roofing Supplies, National Building Supply, Willoughby Supply, and American Roofing Supply. SRS is a portfolio company of Berkshire Partners LLC.