SRS Distribution announced today that Willoughby Supply will join the SRS Family of Companies
McKinney, TX - November 10, 2017:
SRS Distribution ("SRS or "the Company") is pleased to announce today that it has executed a definitive agreement pursuant to which Willoughby Supply Company ("Willoughby"), a preeminent family-owned distributor of residential and commercial roofing products, siding, and windows, will join the SRS Family of Companies. Willoughby is headquartered in Mentor, Ohio and maintains additional locations in Middleburg Heights, Elyria, Maumee, Akron, Canton, Wooster, and Columbus, Ohio, as well as in Orlando, Florida. Terms of the agreement were not disclosed.
Willoughby Supply Company was founded in 1983 and currently employs a team of over 150 people. Willoughby covers a primary market area of Northern & Central Ohio, as well as Central Florida, servicing professional contractors, local homebuilders, home improvement contractors, and remodelers. The Romanini Family and Willoughby's entire sales and operations team will be staying with the company to run the branches going forward. SRS will continue to operate these branches under the Willoughby Supply name as a new stand-alone region in Ohio led by Al Romanini, President & CEO of Willoughby. SRS will also transition its existing Midwest Roofing Supply locations in Cleveland and Columbus to the Willoughby Supply brand. Willoughby's single location in Orlando will transition to the Suncoast Roofers Supply brand, marking the Company's 14th location in the state of Florida.
Dan Tinker, President & CEO of SRS Distribution, commented, "We are excited to announce our partnership with the Romanini Family who we are proud to call friends. We always look for partners with great passion for customers and associates, and Willoughby is a model organization for both. We are thrilled to join forces together to help Willoughby achieve its full growth potential, alongside the company's loyal and dedicated associates. The combination is strategic to SRS in many ways, including growing our scale in the Midwest, enhancing our industry-leading focus on roofing products, and accelerating the completion of our national network of independently run family companies."
Al Romanini, President & CEO of Willoughby, added, "I believe SRS will support Willoughby's durable commitment to employees, customers, and vendors. While that is partly based on my friendship and shared philosophies with Ron & Dan over the years, it's also based on the respect I have for them and the entire SRS team. Joining forces with the SRS Family of Companies will enable us to fast-track expansion of the Willoughby level of service throughout Ohio and beyond in part by leveraging our great ability to develop good people and provide abundant opportunities for their growth. The broader strength gained by teaming up with SRS and the ability for our combined teams of people in Ohio & Florida to grow is very exciting. As a shareholder and leader, I look forward to working with the combined team of great people in Ohio and continuing my support of their talents for many years to come."
Headquartered in McKinney, TX, SRS is a roofing distribution holding company that, with the addition of Willoughby Supply, will include 200 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 and Willoughby Supply. SRS is a portfolio company of Berkshire Partners LLC.