Beacon announced today that it has completed the acquisition of Metro Sealant & Waterproofing Supply, Inc., headquartered in Springfield, Va., with two additional Virginia branches located in Ashland and Virginia Beach, and Linthicum, Md.
In a Feb. 12 news release, Beacon said that Metro Sealant has a 35-year history serving contractors, design professionals, and owners with tailored sealant and waterproofing solutions for commercial construction.
“We are proud to join the Beacon team and its growing waterproofing division, which is now nearly nationwide,” said Garth Viar, Metro Sealant’s CEO. “We are confident that the customers and employees our family has worked with for over three decades will be fully served by Beacon with its added products and services, and focus on the customer experience.”
Metro Sealant is Beacon’s second acquisition of 2024. The company says it continues to drive above-market growth and has become recognized as a national leader in specialty waterproofing. Beacon also noted that it had exceeded its Ambition 2025 revenue and shareholder return targets for 2023 and continues to advance on achieving its full Ambition 2025 plan.
“The Viars have built a strong business through dedication to expertise in waterproofing, restoration, glass, and glazing; their team’s technical know-how is at the top of the industry, and we are thrilled to welcome them,” said Martin Harrell, Beacon’s division president, Waterproofing.
“Resiliency in the built environment is a growing concern, and waterproofing products are a tool to guard against storms and extreme weather,” Harrell added. “Beacon’s continued investment in distributing these specialty products positions it to provide protection in communities across the country.”
For more information, visit becn.com.
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https://www.roofingcontractor.com/articles/99170-beacon-announces-purchase-of-metro-sealant-and-waterproofing
