Beacon Roofing Supply acquires Tri-State Builder’s Supply
HERNDON, Va. — Beacon Roofing Supply has acquired Tri-State Builder’s Supply, a wholesale supplier of roofing, siding, windows, doors and related building products located in Duluth, Minnesota.
Founded in 1952, Tri-State serves the broad market area of Minnesota, northern Wisconsin and Upper Michigan. Beacon’s presence in the Upper Midwest, now includes more than 30 branches throughout Minnesota, Wisconsin, and Michigan.
“We are thrilled to join the Beacon team. When we looked at potential partners for this next step in Tri-State’s growth, Beacon was head and shoulders above the rest. Beacon shares our work ethic and values, our dedication to great customer service, and our commitment to employee development. Also, Beacon’s national platform and excellent reputation across the region will enable Tri-State to offer our customers broader product offerings and even more efficient deliveries. I am very excited about our future with Beacon,” said Tri-State’s Owner and President Mark Peterson, who will remain with the company.
Paul Isabella, Beacon’s CEO and President, emphasized the strategic fit of the acquisition and the compatibility of the two companies. “We are very excited that Mark and the rest of the Tri-State team have joined the Beacon family. Over the last 65 years, Tri-State has earned its reputation as a trusted supplier of premium building materials with a strong customer base and a knowledgeable, experienced team. Combining Tri-State with our existing Roof Depot and new Allied branches expands our footprint in the region and enhances our ability to service our Minnesota, northern Wisconsin and Upper Michigan customers. The Tri-State acquisition also demonstrates that Beacon has the financial and operational capacity to capitalize on the momentum of the Allied deal by continuing to add high-quality companies to our organization. I look for that trend to continue during the rest of 2018 and beyond.”