The pace of mergers and acquisitions in the roofing industry continued through the first quarter of 2024 and culminated with the major news that Home Depot purchased SRS Distribution. The $18.25 billion deal sent a seismic ripple effect of reaction industrywide. Craig Webb is president of Webb Analytics, a research and consulting firm that reports…
Generational Capital Markets, a mergers and acquisitions advisor for privately held businesses, announced last Thursday it had brokered the sale of its client, Manchester, Tenn.-based Watson Metals, to Georgia Metals, a portfolio company of CID Capital. In a Feb. 8 news release, Generational Capital said the deal, for an undisclosed amount, closed on Feb. 5. Watson Metals…
Dallas-based Generational Equity, a mergers and acquisitions advisor for privately held businesses, announced on Wednesday a management buyout of its client, Brazos Commercial Roofing, by David Galloway, previously a co-owner of the company. In a Dec. 27 news release, Generational Equity said that moving forward, Brazos Commercial Roofing will be solely owned by Mr. Galloway.…
