SRS Distribution (“SRS” or “the Company”) announced today the successful completion of its acquisition of the South Florida operations of Willoughby Supply Company (“Willoughby”).
Founded in 1983, Willoughby is headquartered in Mentor, Ohio and is retaining its 9 other locations across Ohio and Central Florida as part of the transaction. Willoughby entered the South Florida market in 2005 and has developed a longstanding presence over the last ten years. Willoughby’s product mix in South Florida includes all residential and commercial roofing products, tile, and other related building products, supplies, and services. Willoughby’s entire sales and operations team of over 40 employees will be staying on with SRS to run the branches going forward. SRS intends to immediately transition its new locations in Ft. Lauderdale, Medley, and West Palm Beach to the Suncoast Roofers Supply brand in those markets.
Ron Ross, Chairman and CEO of SRS Distribution, commented, "We are honored that Willoughby has chosen SRS as their partner and steward in South Florida and we could not be more excited about the opportunity. This acquisition, like all acquisitions that we do, is about people. We are fortunate to have the dedicated and customer-focused employees of Willoughby join our team and welcome them to the SRS family!”
Al Romanini, Owner and CEO of Willoughby Supply Company, said this is exciting news for employees and customers. “We are confident our employees, customers, and suppliers can look forward to an excellent future as part of the SRS family. We know that SRS will make Willoughby proud and will take great care of the business we have built in South Florida over the last ten years. We are so grateful to all of our customers and employees in South Florida and have every confidence SRS will continue serving them very well.”
Headquartered in McKinney, TX, SRS is a roofing distribution holding company that with the addition of three new locations in Ft. Lauderdale, Medley, and West Palm Beach will include 150 locations in 39 states operating under the names: Suncoast Roofers Supply (FL), Southern Shingles (TX/OK/AR/NM), SRS Roofing Supply (AL/MS), Rowe Supply (GA/SC), Atlanta Roofing Supply (GA), Cannon Supply (SC), Columbia Wholesale (SC), Midwest Roofing Supply (IL/MN/IA/OH/MI/IN), D.J. Roofing Supply (KS/MO), Gary-Hobart Roofing Supply (IN), River City Wholesale (KY), Superior Distribution (TN/MD/VA/NC/SC), Shake & Shingle Supply (CO/KS/MO/NE/IL), Roofline Supply (OR/WA/CA/UT/AZ/ID/HI), Stoneway (WA), Pace Supply (PA/NJ), Heritage Wholesalers (MA/NH/CT), Myles F. Kelly (NJ/NY), Sierra Roofing Supply (NV), Commercial Distribution Specialists (TX), B&L Wholesale Supply (NY/PA) and Advanced Building Products (LA/AL/OK). SRS is a portfolio company of Berkshire Partners LLC.