Beacon (Nasdaq: BECN), a Herndon, Va., roofing, waterproofing and building materials distributor, has acquired DM Figley.
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California-based DM Figley, a distributor of sealants, waterproofing and concrete repair materials, has added locations in Menlo Park, Anaheim, Oakland, Sacramento and San Diego to the Beacon footprint. The acquisition raises Beacon’s specialty waterproofing to nearly 60 branches nationwide.
“We are thrilled to welcome DM Figley employees to Beacon’s Waterproofing Division – which now consists of nearly 60 branches across the U.S. DM Figley is an industry-leading distributor with strong customer relationships and great technical know-how, further strengthening our nationwide platform,” said Martin Harrell, Beacon’s division president for waterproofing.
Beacon operates over 580 branches in 50 U.S. states and seven provinces in Canada that serve over 110,000 customers.
