{"id":768991,"date":"2023-07-11T13:54:43","date_gmt":"2023-07-11T17:54:43","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/beacon-announces-acquisition-of-crossroads-roofing-supply\/"},"modified":"2023-07-11T13:54:43","modified_gmt":"2023-07-11T17:54:43","slug":"beacon-announces-acquisition-of-crossroads-roofing-supply","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/beacon-announces-acquisition-of-crossroads-roofing-supply\/","title":{"rendered":"Beacon Announces Acquisition of Crossroads Roofing Supply"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Beacon Announces Acquisition of Crossroads Roofing Supply<\/b><\/p>\n<p class=\"bwalignc\"><b>Adds five branches in key Oklahoma markets<\/b><\/p>\n<p>HERNDON, Va.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.becn.com%2F&amp;esheet=53447435&amp;newsitemid=20230711064103&amp;lan=en-US&amp;anchor=Beacon&amp;index=1&amp;md5=ed9c0f5eb125cd67734607f818c7dee6\">Beacon<\/a> (Nasdaq: BECN) announced today that it has completed the acquisition of Crossroads Roofing Supply, Inc. (\u201cCrossroads\u201d) of Oklahoma City, OK. Crossroads\u2019 five branches, located in Enid, Norman, Oklahoma City, Stillwater, and Tulsa, have been serving residential and commercial contractors for over 20 years.<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20230711064103\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230711064103\/en\/<\/a><\/p>\n<div id=\"bwbodyimg\" style=\"width: 357px;float:left;padding-left:0px;padding-right:20px;padding-top:0px;padding-bottom:0px\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230711064103\/en\/1837662\/4\/Logo_-_Crossroads_Roofing_Supply.jpg\" alt=\"Crossroads Roofing Supply, Inc.\" \/><\/p>\n<p style=\"font-size:85%\">Crossroads Roofing Supply, Inc.<\/p>\n<\/div>\n<p>\n\u201cWe are pleased to announce that Crossroads is joining Beacon,\u201d said Lisa and Mike Curtis, owners of Crossroads. \u201cBeacon\u2019s relentless focus on its customers gives us confidence that the contractors who have come to rely on us to build their businesses will gain further benefits from Beacon\u2019s digital tools and national footprint.\u201d<\/p>\n<p>\n\u201cWe are thrilled to welcome the Crossroads employees to Beacon. Their skills and knowledge will enhance our Midwest team as we help customers build more,\u201d added Jason Taylor, Beacon\u2019s President, West Division.<\/p>\n<p>\nThis acquisition further advances us toward our <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fs24.q4cdn.com%2F883548305%2Ffiles%2Fdoc_financials%2F2022%2Fq4%2FBeacon-2022-Q4-Earnings-Presentation.pdf&amp;esheet=53447435&amp;newsitemid=20230711064103&amp;lan=en-US&amp;anchor=Ambition+2025&amp;index=2&amp;md5=841fce105244b6a3a5dfa43ddd4dccc1\">Ambition 2025<\/a> goals. We continue to achieve acquisitive and organic growth. Year to date in 2023, Beacon has expanded its branch footprint through the completion of five acquisitions and the opening of 14 new greenfield locations.<\/p>\n<p><b>About Beacon<\/b><\/p>\n<p>\nFounded in 1928, Beacon is a Fortune 500, publicly traded distributor of building products, including roofing materials and complementary products, such as siding and waterproofing. The company operates over 500 branches throughout all 50 states in the U.S. and 6 provinces in Canada. Beacon serves an extensive base of nearly 100,000 customers, utilizing its vast branch network and diverse service offerings to provide high-quality products and support throughout the entire business lifecycle. Beacon offers its own private label brand, TRI-BUILT\u00ae, and has a proprietary digital account management suite, Beacon PRO+, which allows customers to manage their businesses online. Beacon\u2019s stock is traded on the Nasdaq Global Select Market under the ticker symbol BECN. To learn more about Beacon, please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.becn.com&amp;esheet=53447435&amp;newsitemid=20230711064103&amp;lan=en-US&amp;anchor=www.becn.com&amp;index=3&amp;md5=e10eabfa5aea2b73b15755f438a7687d\">www.becn.com<\/a>.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230711064103r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230711064103\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230711064103\/en\/<\/a><\/span><\/p>\n<p><span class=\"bwuline\">INVESTOR CONTACT<br \/>\n<\/span><br \/>Binit Sanghvi<br \/>\n<br \/>VP, Capital Markets and Treasurer<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Binit.Sanghvi@becn.com\">Binit.Sanghvi@becn.com<br \/>\n<\/a><br \/>972-369-8005<\/p>\n<p><span class=\"bwuline\">MEDIA CONTACT<br \/>\n<\/span><br \/>Jennifer Lewis<br \/>\n<br \/>VP, Communications and Corporate Social Responsibility<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Jennifer.Lewis@becn.com\">Jennifer.Lewis@becn.com<br \/>\n<\/a><br \/>571-752-1048<\/p>\n<p><b>KEYWORDS:<\/b> Virginia United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Architecture Other Construction &amp; Property Residential Building &amp; Real Estate Commercial Building &amp; Real Estate Construction &amp; Property Building Systems Urban Planning<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230711064103\/en\/767194\/3\/Beacon_Logo_cmyk_BLUE.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230711064103\/en\/1837662\/3\/Logo_-_Crossroads_Roofing_Supply.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">Crossroads Roofing Supply, Inc.<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Beacon Announces Acquisition of Crossroads Roofing Supply Adds five branches in key Oklahoma markets HERNDON, Va.&#8211;(BUSINESS WIRE)&#8211;Beacon (Nasdaq: BECN) announced today that it has completed the acquisition of Crossroads Roofing Supply, Inc. (\u201cCrossroads\u201d) of Oklahoma City, OK. Crossroads\u2019 five branches, located in Enid, Norman, Oklahoma City, Stillwater, and Tulsa, have been serving residential and commercial contractors for over 20 years. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20230711064103\/en\/ Crossroads Roofing Supply, Inc. \u201cWe are pleased to announce that Crossroads is joining Beacon,\u201d said Lisa and Mike Curtis, owners of Crossroads. \u201cBeacon\u2019s relentless focus on its customers gives us confidence that the contractors who have come to rely on us to build their businesses will gain further benefits &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/beacon-announces-acquisition-of-crossroads-roofing-supply\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Beacon Announces Acquisition of Crossroads Roofing Supply&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-768991","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Beacon Announces Acquisition of Crossroads Roofing Supply - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/beacon-announces-acquisition-of-crossroads-roofing-supply\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Beacon Announces Acquisition of Crossroads Roofing Supply - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Beacon Announces Acquisition of Crossroads Roofing Supply Adds five branches in key Oklahoma markets HERNDON, Va.&#8211;(BUSINESS WIRE)&#8211;Beacon (Nasdaq: BECN) announced today that it has completed the acquisition of Crossroads Roofing Supply, Inc. (\u201cCrossroads\u201d) of Oklahoma City, OK. Crossroads\u2019 five branches, located in Enid, Norman, Oklahoma City, Stillwater, and Tulsa, have been serving residential and commercial contractors for over 20 years. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20230711064103\/en\/ Crossroads Roofing Supply, Inc. \u201cWe are pleased to announce that Crossroads is joining Beacon,\u201d said Lisa and Mike Curtis, owners of Crossroads. \u201cBeacon\u2019s relentless focus on its customers gives us confidence that the contractors who have come to rely on us to build their businesses will gain further benefits &hellip; Continue reading &quot;Beacon Announces Acquisition of Crossroads Roofing Supply&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/beacon-announces-acquisition-of-crossroads-roofing-supply\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-11T17:54:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mms.businesswire.com\/media\/20230711064103\/en\/1837662\/4\/Logo_-_Crossroads_Roofing_Supply.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/beacon-announces-acquisition-of-crossroads-roofing-supply\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/beacon-announces-acquisition-of-crossroads-roofing-supply\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Beacon Announces Acquisition of Crossroads Roofing Supply\",\"datePublished\":\"2023-07-11T17:54:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/beacon-announces-acquisition-of-crossroads-roofing-supply\\\/\"},\"wordCount\":419,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/beacon-announces-acquisition-of-crossroads-roofing-supply\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mms.businesswire.com\\\/media\\\/20230711064103\\\/en\\\/1837662\\\/4\\\/Logo_-_Crossroads_Roofing_Supply.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/beacon-announces-acquisition-of-crossroads-roofing-supply\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/beacon-announces-acquisition-of-crossroads-roofing-supply\\\/\",\"name\":\"Beacon Announces Acquisition of Crossroads Roofing Supply - 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(\u201cCrossroads\u201d) of Oklahoma City, OK. Crossroads\u2019 five branches, located in Enid, Norman, Oklahoma City, Stillwater, and Tulsa, have been serving residential and commercial contractors for over 20 years. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20230711064103\/en\/ Crossroads Roofing Supply, Inc. \u201cWe are pleased to announce that Crossroads is joining Beacon,\u201d said Lisa and Mike Curtis, owners of Crossroads. \u201cBeacon\u2019s relentless focus on its customers gives us confidence that the contractors who have come to rely on us to build their businesses will gain further benefits &hellip; Continue reading \"Beacon Announces Acquisition of Crossroads Roofing Supply\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/beacon-announces-acquisition-of-crossroads-roofing-supply\/","og_site_name":"Market Newsdesk","article_published_time":"2023-07-11T17:54:43+00:00","og_image":[{"url":"https:\/\/mms.businesswire.com\/media\/20230711064103\/en\/1837662\/4\/Logo_-_Crossroads_Roofing_Supply.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/beacon-announces-acquisition-of-crossroads-roofing-supply\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/beacon-announces-acquisition-of-crossroads-roofing-supply\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Beacon Announces Acquisition of Crossroads Roofing Supply","datePublished":"2023-07-11T17:54:43+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/beacon-announces-acquisition-of-crossroads-roofing-supply\/"},"wordCount":419,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/beacon-announces-acquisition-of-crossroads-roofing-supply\/#primaryimage"},"thumbnailUrl":"https:\/\/mms.businesswire.com\/media\/20230711064103\/en\/1837662\/4\/Logo_-_Crossroads_Roofing_Supply.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/beacon-announces-acquisition-of-crossroads-roofing-supply\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/beacon-announces-acquisition-of-crossroads-roofing-supply\/","name":"Beacon Announces Acquisition of Crossroads Roofing Supply - 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