Industry Updates Julian Francis, Beacon’s President and CEO, said Coastal’s core values, customer-focused service model and depth of waterproofing expertise are an Beacon has acquired Jacksonville-based Coastal Construction Products, one of the largest independent ideal fit as Beacon continues progress toward its distributors of specialty waterproofing products in the Ambition 2025 goals announced in February. “We are thrilled to welcome Coastal’s 200-plus emUnited States, from the company’s majority owner, ployees to the Beacon team,” said Francis. “Expanding Supply Chain Equity Partners (SCEP). nationwide access to waterproofing products enCoastal has 18 locations dedicated to waterproofhances our value proposition to our commercial and ing serving the Southeast and Midwest. Beacon multifamily customers and provides the opportunity currently sells waterproofing products throughout its to build more together. I am particularly pleased that commercial and residential roofing branches as well Martin Harrell will be leading Beacon’s new specialty as 13 specialty waterproofing locations in the Western waterproofing division to enhance our focus and capU.S. The resulting combination, a new platform for italize on the above-market growth opportunities we future growth, creates an opportunity to leverage a see for waterproofing products.” coast-to-coast footprint to better serve customers locally, regionally and nationally, including in stormABC Supply Co. Inc. Acquires Kaycan’s U.S. exposed regions where waterproofing is essential Distribution Business to protecting buildings, adapting to stricter building ABC Supply Co. Inc., the nation’s largest wholesale codes and meeting heightened maintenance standistributor of roofing, siding and other select exterior dards. Beacon’s new specialty waterproofing division and interior building products, has acquired the United will be led by Coastal CEO, Martin Harrell. States distribution business of Kaycan, a leading man“The entire Coastal team is excited to be joining ufacturer and distributor of siding and other products, Beacon. This partnership allows us to bring our cusfrom Saint-Gobain. tomers the benefits of Beacon’s North American With the acquisition, which includes 24 Kaycan footprint and specialized capabilities designed to locations, ABC Supply will operate more than 860 accelerate growth and enhance profitability. The team locations across 49 states. The acquired locations will and I believe partnering with Beacon provides the best operate as ABC Supply branches focused on disopportunity to continue to build on our 45-year histributing Kaycan branded products along with other tory and bring additional value to customers,” stated complementary building products and accessories. Harrell. “The acquisition of Kaycan’s U.S. distribution business will enhance ABC Supply’s product and service offerings and provide momentum for our next phase of growth,” said Keith Rozolis, ABC Supply’s President and CEO. “We are Metal Deck Replacement? excited to welcome Kaycan’s assoWe Have It In Stock Now! ciates into the ABC Supply family.” Based in Montreal, Kaycan produces and distributes exterior Largest Inventory In building products, including vinyl, Stock for Immediate Use aluminum and engineered wood siding as well as related accessoVariety of Deck in Stock ries, coil, windows and patio doors. Pick Up Or Delivery FRM
Beacon Acquires Florida-Based Coastal Construction Products
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FLORIDA ROOFING | December 2022