Intermountain Supply, a roofing distributor with branches in Seattle and Spokane, Wash., has been acquired by Roofing Supply Group, one of the largest wholesale distributors of roofing supplies and related materials in the United States. The purchase price was not disclosed.
Founded in 1995, Intermountain Supply is a portfolio company of The Sterling Group, a private equity investment firm.
Mike Farrell, president and CEO of Roofing Supply Group, said in a prepared statement: "We had identified Washington as an attractive market for RSG's entry in 2011, and we are thrilled to partner with the IMS team to extend our footprint into this new geographic region."
Headquartered in Dallas, Roofing Supply Group operates 58 branches in 23 states. It provides one-step distribution services from roofing product manufacturers to roofing contractors and home builders. Each branch carries a complete line of roofing products for residential and commercial roofing, including composition asphalt shingles, underlayment and associated ancillary products.