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News
Roofing Supply Group LLC Announces Acquisition of the Assets of Northwest Roofing Supply, Inc.’s Roofing Division
DALLAS, TX (March 31, 2010) - Roofing Supply Group, LLC (“RSG”), a national leader in the wholesale distribution of roofing supplies and related materials, today announced that it has acquired the assets of Northwest Roofing Supply, Inc.’s roofing division (the “Northwest Roofing Division”). Based in Oklahoma City, OK with a satellite office in Lawton, OK, and more than twenty years servicing local contractors and builders, the Northwest Roofing Division has established itself as a leading distributor of residential roofing products in the Oklahoma market.
“Northwest Roofing Supply has long been recognized as one of the leading distributors of quality roofing materials in Oklahoma,” said Mike Farrell, President and CEO of RSG. “We are honored that Cliff and Diane Stockton have chosen to sell the roofing division to RSG and look forward to working with Rick Misuraca, branch manager, and his team of seasoned professionals to continue to deliver superior products and service to the Oklahoma market.”
RSG operates a strategic distribution network of 58 branches across 22 states, focused exclusively on residential and commercial roofing products and accessories. The Northwest acquisition further strengthens RSG’s geographic position and ability to serve its customer base.
Roofing Supply Group is a portfolio company of The Sterling Group, L.P.
About The Sterling Group, L.P.
Roofing Supply Group headquartered in
Dallas, Texas, is one of the largest wholesale distributors of roofing
supplies and related materials in the United States. Through its
network of 58 branches in 22 states, RSG provides one-step distribution
services from roofing product manufacturers to roofing contractors and
homebuilders. Each branch carries a complete line of roofing products
for residential and commercial roofing, including composition asphalt
shingles, underlayment, and associated ancillary products.
About The Sterling Group, L.P.
Founded in 1982, The Sterling Group is a Houston based private equity
firm targeting controlling interests in basic manufacturing, industrial
services, and distribution companies. Sterling emphasizes strategic and
operational value creation in partnership with management. Typical
enterprise values range from $100 to $500 million. Over its nearly 30
year history, Sterling has acquired 36 platform companies and numerous
add-on acquisitions aggregating approximately $8.6 billion in
transaction value. Currently, Sterling has $1.3 billion of committed
capital under management.
For additional information, please contact:
Roofing Supply Group, LLC
Paul Drobnitch
(214) 956 5184
pdrobnitch@pdrobnitch@rsgroof.com
The Sterling Group, L.P.
Brian Henry
(713) 341-5753
bhenry@sterling-group.com