SRS Distribution acquired Salt Lake City, Utah-based Roofers Supply, an independently owned distributor of residential and commercial roofing products and accessories. Roofers Supply operates a network of six locations across Utah. The terms of the agreement were not disclosed.
"Roofers Supply is one of the very few companies that can be truly transformational to the future growth of SRS,” SRS president and CEO Dan Tinker said in a news release. “We have long admired their people, passion, and market position and couldn’t be more excited to welcome them to the SRS family.”
Roofers Supply was founded in 1994 by four siblings of the Pappas family, Dino, George, John, and Stephanie. The distributor services professional contractors, builders, home improvement contractors, and remodelers. The four siblings will continue to lead their employees after the close of the deal to ensure continuity and consistency for customers and supplier partners, according to SRS. Dino Pappas will become the newest regional vice president for SRS.
“We are honored to be joining forces with the SRS family of companies. As the Utah market leader, we are proud that the Roofers Supply brand and legacy, which we’ve cultivated over the past 25 years, will be preserved and grow into the future,” Pappas said. “Our experienced team of professionals will continue to serve our customers and local communities with the same unwavering focus and dedication.”
McKinney, Texas-based SRS Distribution operates more 310 locations across 44 states under a family of 35 distinct local brands. The distributor was ranked 7th on the 2019 ProSales 100.
SRS is a portfolio company of Leonard Green & Partners and Berkshire Partners. The distributor has expanded heavily in 2019 via greenfield openings and strategic acquisitions. SRS has opened 21 new branches in 2019, most recently opening four locations Ohio, North Carolina, Pennsylvania, and California in September. The distributor acquired 21-branch Travis Roofing Supply in August and completed deals to acquire four other regional roofing distributors in 2019.
