Bridgepoint Announces Sale of RCI Roofing Supply to Beacon Roofing Supply (NASDAQ: BECN)
OMAHA, NE – Principals of Bridgepoint Investment Banking (“Bridgepoint”) acted as the sole sell-side M&A advisor for RCI Roofing Supply Company, Inc. (“RCI”), a wholesale distributor of residential and non-residential roofing and building supply products, in its sale to Beacon Roofing Supply (NASDAQ: BECN) (“Beacon”).
“Joining the Beacon team presents a tremendous opportunity for my family and RCI’s loyal customers and employees. We are very happy with the exceptional quality of work provided by the entire Bridgepoint team whose hard work was instrumental in achieving such a wonderful outcome for my family. They have done a great job,” said Richard Lynch, President & CEO of RCI.
Matt Plooster, Co-Founder and Managing Director of Bridgepoint, acting in the capacity of a registered representative of M&A Securities Group, commented, “We were thrilled to serve the Lynch family on the sale of their great company to Beacon. Not only was it the right deal, it was also the right partner for the family, RCI and their employees. Our process yielded not only a great outcome, but a great relationship and partner for RCI.”
More information can be found on the transaction online and in public filings, including at http://www.businesswire.com/news.
About Bridgepoint Investment Banking
Bridgepoint Investment Banking, a division of Bridgepoint Holdings, LLC, is a lower and middle market investment banking firm. The Bridgepoint team, through their broker dealer relationship with M&A Securities Group, an unaffiliated entity, serves clients over their corporate lifecycles by providing merger and acquisition and corporate finance advisory services.
To learn more about Bridgepoint Investment Banking, please visit www.bridgepointib.com.
About RCI Roofing Supply Company, Inc.
RCI Roofing Supply has been a distributor of quality exterior building materials since 1983, providing professional builders, contractors and homeowners with the most complete selections of building supplies and materials for all residential and commercial projects.
To learn more about RCI Roofing Supply, please visit www.rciroofingsupply.com.