Beacon signed a purchase agreement to acquire Smalley & Company, a Denver-based company with eleven locations in Colorado, Arizona, California, Nevada, New Mexico, and Utah.

Smalley & Company is a privately-held company which is 100% owned by an employee stock ownership plan and trust (ESOP). Closing the transaction requires a majority vote of the plan’s participants, giving the ESOP trustee authorization to approve the sale, according to Beacon.

Smalley & Company serves contractors, design professionals, and owners with tailored sealant and waterproofing solutions. The company has become dedicated to “being a vital link in the supply chain to contractors that perform a wide range of applications in the new construction and restoration markets.”

“The team’s technical know-how is at the top of the industry, and we look forward to closing this acquisition, so that we can welcome Smalley employees to Beacon and begin servicing customers with our expanded products and services, Martin Harrell, Beacon’s division president of waterproofing.

The acquisition would be Beacon’s second waterproofing-focused deal of 2024, following the distributor’s previously announced acquisition of Springfield, Va.-based Metro Sealant & Waterproofing Supply.

Herndon, Va.-based Beacon is a distributor of roofing materials, siding, and waterproofing products with over 530 branches throughout all 50 U.S. states and six Canadian provinces.