SRS Distribution ("SRS" or "the Company") announced today the successful completion of its acquisition of Metro Roofing Supplies, Inc. ("Metro"). The transaction is SRS's 50th acquisition since 2008 and is an integral part of the Company's strategic growth plan and continued expansion in the Northeast region.
Founded over four decades ago, Metro is headquartered in Stamford, Connecticut with five locations across Connecticut and Massachusetts. Metro's product mix includes all residential and commercial roofing products, metal products, gutters, siding, windows, and other related building products. Metro's entire sales and operations team of over 55 employees will be staying on with SRS to run the branches going forward under the leadership of Rich Broccoli. SRS intends to transition Metro's three locations in Massachusetts to the Heritage Wholesalers brand and will also transition SRS's existing location in North Haven to the Metro Roofing Supplies brand.
Dan Tinker, President of SRS Distribution, commented, "Metro is a perfect fit for the SRS family. It checks the box on everything we look for in a company to join the fold. Metro has passionate and loyal people, great facilities and fleet, top class leadership, quality suppliers and customers, and significant opportunities ahead. We could not be more excited to execute Metro's growth strategy in partnership with Rich and his outstanding team."
Rich Broccoli, Vice President of Metro Roofing Supplies, said this is exciting news for employees and customers. "The Metro team is highly enthusiastic to take our business to the next level. Metro's customers, suppliers, and employees can all look forward to new opportunities and enhanced growth. Importantly, as we pursue these exciting opportunities, it will be business as usual for Metro. Teaming up with SRS will provide for a seamless continuation of the same great service with the same faces and the same determination to be the top service provider in the region."
Headquartered in McKinney, TX, SRS is a roofing distribution holding company that, with the addition of Metro Roofing Supplies, will include 169 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, Advanced Building Products, Atlantic Roofing Distributors, Monroe Aluminum Products, National Building and Roofing Supplies, and Metro Roofing Supplies. SRS is a portfolio company of Berkshire Partners LLC.