American Roofing Supply, Denver, Co., has signed a definitive agreement to be purchased by SRS Distribution, McKinney, Tx.
American was founded in 1983 and currently has more than 60 team members serving professional builders and contractors in eastern Colorado and the Front Range. The entire sales and operations team—including president Don Douglass, secretary/treasurer Vern Randel, and their family members—is expected to stay on to run the company. As a result of this acquisition, SRS will transition all existing and future Colorado locations to the American Roofing Supply name.
“American is a company that we have long admired and we could not be more excited to join forces with them in the vibrant Colorado market,” said SRS president and CEO Dan Tinker. “We will put all of the SRS resources behind the American team, who have themselves developed many competitive advantages we can learn from and leverage.”
With the addition of American, SRS will include 210 locations in 41 states operating under 22 different divisions. SRS is a portfolio company of Berkshire Partners LLC.