SRS Distribution announced that it has acquired De Bel Roofing Supply, a distributor of residential and commercial roofing and other related products with two locations north of the San Francisco Bay area.
Headquartered in Petaluma, Calif., De Bel Roofing Supply was founded in 1989 by Andre De Bel and is run today by his two sons, Scott and Doug. De Bel operates a second location in Greenbrae.
“It is an honor to welcome Scott, Doug, and the rest of the De Bel team to the SRS family,” said Dan Tinker, president and CEO of SRS Distribution. “The company’s exemplary customer service and focus on taking care of its employees make it a perfect addition to our family of independent distributors. This acquisition will increase our presence in the rapidly growing area north of San Francisco, and we look forward to the many successes our teams will achieve together.”
The De Bel brothers will continue to lead the company’s team under the De Bel banner, ensuring continuity and consistency for customers, suppliers, and employees, SRS Distribution said.
“We are happy to announce our partnership with SRS as the next milestone in De Bel’s storied history,” said Scott De Bel. “After over 30 years in business, we were very fortunate to find a partner in SRS that would be a trustworthy steward of our Company’s legacy and treat our people like family. De Bel will continue to be a leading provider of residential and commercial roofing products in the San Francisco Bay area and will look to expand our reach throughout Northern California supported by the extensive resources of SRS.”
The financial terms of the acquisition were not disclosed.
Based in McKinney, Texas, SRS Distribution operates under a family of distinct local brands encompassing more than 610 locations across 44 states.
SRS Distribution is a portfolio company of Leonard Green & Partners, L.P. and Berkshire Partners LL.