SRS Acquisition, a McKinney, Texas-based roofing material supplier, acquired ABCO Supply, a distributor of metal roofing and building products in Chesterfield, Mich., and opened a greenfield location in Easton, Md., under the Superior Distribution name. The ABCO acquisition was announced on April 20, while the Easton opening was revealed today.
ABCO Supply currently serves the Detroit market through its single location and was founded in 2011. It is SRS’ first location in Michigan and the company will expand the product line at the facility to include residential and commercial roofing products.
The dealer will continue to operate under the ABCO Supply name and will be a part of SRS Acquisition’s Midwest Roofing Supply division. It will continue to be led by its current owner, Lisa Schmueser.
“We are very excited to have the ABCO team join the SRS family,” said Ron Ross, CEO of SRS. “It will make an ideal addition to our Midwest operation and allows us to properly service the greater Detroit market from the North side, as well as provide and foundation for further expansion in the Michigan markets.”
The Easton location will serve Maryland’s Eastern Shore market, which includes Cambridge, Salisbury, and Ocean City, Md. The branch will also serve as a connection between SRS’ Annapolis, Md., branch and its networks in Pennsylvania and New England.
“We have very aggressive growth plans for the Mid-Atlantic region in the future and this location will help expand our footprint and customer reach immediately,” said Dan Tinker, SRS Acquisition’s COO.
With these additions, SRS operates 73 locations in 27 states under 16 different brand names. The company is ranked No. 13 on the 2011 ProSales 100 listing with professional sales of $343 million in 2010.