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Overview
Beacon Roofing Supply distributes roofing materials and related building products across North America through a large network of branches. It buys products from many manufacturers and uses its logistics network to move them to contractors, builders, and retailers, with digital tools like Beacon PRO+ for order management and delivery tracking. The company differentiates itself with scale, a broad one-stop catalog, a wide distribution footprint, and digital platforms that streamline procurement and logistics. Its goal is to be a dependable source for roofing and building materials, helping customers simplify purchasing and keep projects on track.
About Beacon Roofing Supply
Industries
Industrial & Manufacturing
Enterprise Software
Company Size
N/A
Company Stage
IPO
Headquarters
Herndon, Virginia
Founded
1928
Simplify's Take
What believers are saying
- QXO's scale enables bulk purchasing power and enhanced logistics reducing material costs for contractors.
- Planned revenue doubling within five years through adjacent vertical expansion and centralized data analytics.
- Strong 2024 free cash flow of $292.8 million supports ongoing acquisitions and technology investments.
What critics are saying
- QXO acquisition completion disrupts independent strategy and management control by mid-2026.
- Residential roofing market contraction shrinks core $20 billion segment amid housing slowdown.
- Heavy $540 million investing outflows strain debt refinancing amid rising interest rates and covenant risks.
What makes Beacon Roofing Supply unique
- QXO acquisition creates North America's largest roofing and waterproofing distributor with 600+ locations.
- Beacon PRO+ digital platform streamlines contractor ordering, scheduling, and material management nationwide.
- Comprehensive product portfolio spans roofing, siding, windows, waterproofing, insulation, and metal fabrication solutions.
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Funding
Total Funding
$11.6B
Above
Industry Average
Funded Over
2 Rounds
Stock Price
Company News
QXO, Inc. (NYSE: QXO) and Beacon Roofing Supply, Inc. (Nasdaq: BECN) today announced that they have entered into a definitive merger agreement under which QX...
QXO will acquire Beacon Roofing Supply for $11 billion, offering $124.35 per share in cash. The deal, approved by both boards, is expected to close by April, pending shareholder approval and other conditions. QXO has secured $5 billion in cash and financing commitments, including $830 million from institutional investors. The acquisition has antitrust clearance in the U.S. and Canada. Morgan Stanley advises QXO, while J.P. Morgan and Lazard advise Beacon.
Beacon announces partnership with Renovate Robotics.
Beacon (Nasdaq: BECN), the leading publicly-traded specialty wholesale distributor of roofing, waterproofing and related exterior products, announced
Beacon (NASDAQ: BECN) rejected QXO, Inc.'s unsolicited proposal to acquire all shares at $124.25 per share, valuing Beacon at approximately $8.3 billion. The Board deemed the offer significantly undervalued the company, citing over 200% shareholder returns in the past five years. Despite attempts to engage QXO with a non-disclosure agreement, QXO refused. Beacon plans an Investor Day on March 13, 2025, to present 2028 targets. J.P. Morgan advises Beacon, with Sidley Austin LLP and Simpson Thacher as legal advisors.
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About Beacon Roofing Supply
Industries
Industrial & Manufacturing
Enterprise Software
Company Size
N/A
Company Stage
IPO
Headquarters
Herndon, Virginia
Founded
1928
There are no jobs for Beacon Roofing Supply right now.
Find jobs on Simplify and start your career today