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Beacon Announces Acquisition of Specialty Waterproofing Distributor - DM Figley

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Beacon (BECN) has announced the acquisition of DM Figley Company, a wholesale distributor of sealants, waterproofing & concrete repair materials headquartered in Menlo Park, California. DM Figley operates throughout California with locations in Anaheim, Oakland, Sacramento, and San Diego.

The acquisition expands Beacon's Specialty Waterproofing Division to nearly 60 branches nationwide, supporting their Ambition 2025 Plan for above-market growth. Founded in 1970, DM Figley specializes in providing sealants, waterproofing, epoxies, protective coatings, and repair systems to construction professionals.

The integration allows DM Figley's customers to maintain their local relationships while accessing Beacon's expanded service offerings. This strategic move strengthens Beacon's nationwide platform by adding an industry-leading distributor with strong customer relationships and technical expertise.

Beacon (BECN) ha annunciato l'acquisizione della DM Figley Company, un distributore all'ingrosso di sigillanti, materiali per impermeabilizzazione e riparazione del calcestruzzo con sede a Menlo Park, California. DM Figley opera in tutta la California con sedi ad Anaheim, Oakland, Sacramento e San Diego.

L'acquisizione espande la Divisione Impermeabilizzazione Speciale di Beacon a quasi 60 filiali a livello nazionale, sostenendo il loro Piano Ambizione 2025 per una crescita superiore al mercato. Fondata nel 1970, DM Figley si specializza nella fornitura di sigillanti, impermeabilizzazione, epossidici, rivestimenti protettivi e sistemi di riparazione per professionisti del settore edile.

L'integrazione consente ai clienti di DM Figley di mantenere le loro relazioni locali mentre accedono all'ampliata offerta di servizi di Beacon. Questa mossa strategica rafforza la piattaforma nazionale di Beacon aggiungendo un distributore leader del settore con forti relazioni con i clienti e competenze tecniche.

Beacon (BECN) ha anunciado la adquisición de DM Figley Company, un distribuidor mayorista de selladores, materiales de impermeabilización y reparación de concreto con sede en Menlo Park, California. DM Figley opera en toda California con ubicaciones en Anaheim, Oakland, Sacramento y San Diego.

La adquisición expande la División de Impermeabilización Especial de Beacon a casi 60 sucursales en todo el país, apoyando su Plan Ambición 2025 para un crecimiento superior al del mercado. Fundada en 1970, DM Figley se especializa en proporcionar selladores, impermeabilización, epóxicos, recubrimientos protectores y sistemas de reparación a profesionales de la construcción.

La integración permite a los clientes de DM Figley mantener sus relaciones locales mientras acceden a la oferta de servicios ampliada de Beacon. Este movimiento estratégico fortalece la plataforma nacional de Beacon al añadir un distribuidor líder en la industria con sólidas relaciones con los clientes y experiencia técnica.

비콘 (BECN)은 캘리포니아 멘로파크에 본사를 둔 밀봉제, 방수 및 콘크리트 수리 자재의 도매 유통업체인 DM Figley Company의 인수를 발표했습니다. DM Figley는 애너하임, 오클랜드, 새크라멘토, 샌디에이고에 위치하고 있으며 캘리포니아 전역에서 운영됩니다.

이번 인수로 비콘의 특수 방수 부서는 전국적으로 거의 60개의 지점으로 확장되며, 시장보다 높은 성장을 위한 그들의 2025년 야망 계획을 지원합니다. 1970년에 설립된 DM Figley는 건설 전문가에게 밀봉제, 방수, 에폭시, 보호 코팅 및 수리 시스템을 제공하는 데 특화되어 있습니다.

통합을 통해 DM Figley의 고객은 지역 관계를 유지하면서 비콘의 확대된 서비스 제공에 접근할 수 있습니다. 이 전략적 움직임은 강력한 고객 관계와 기술 전문성을 갖춘 업계 선도 유통업체를 추가함으로써 비콘의 전국 플랫폼을 강화합니다.

Beacon (BECN) a annoncé l'acquisition de DM Figley Company, un distributeur en gros de scellants, de matériaux d'étanchéité et de réparation du béton basé à Menlo Park, en Californie. DM Figley opère dans toute la Californie avec des emplacements à Anaheim, Oakland, Sacramento et San Diego.

L'acquisition étend la Division Spéciale d'Étanchéité de Beacon à près de 60 succursales à l'échelle nationale, soutenant leur Plan Ambition 2025 pour une croissance supérieure au marché. Fondée en 1970, DM Figley se spécialise dans la fourniture de scellants, d'étanchéité, d'époxydes, de revêtements protecteurs et de systèmes de réparation pour les professionnels de la construction.

L'intégration permet aux clients de DM Figley de maintenir leurs relations locales tout en accédant à l'offre de services élargie de Beacon. Ce mouvement stratégique renforce la plateforme nationale de Beacon en ajoutant un distributeur leader du secteur avec de solides relations clients et une expertise technique.

Beacon (BECN) hat die Übernahme der DM Figley Company bekannt gegeben, einem Großhändler für Dichtstoffe, Abdichtungsmaterialien und Betreparaturmaterialien mit Sitz in Menlo Park, Kalifornien. DM Figley ist in ganz Kalifornien tätig und hat Standorte in Anaheim, Oakland, Sacramento und San Diego.

Die Übernahme erweitert die Spezialabteilung für Abdichtung von Beacon auf fast 60 Niederlassungen im ganzen Land und unterstützt ihren Ambitionsplan 2025 für überdurchschnittliches Wachstum. Gegründet im Jahr 1970, hat sich DM Figley auf die Bereitstellung von Dichtstoffen, Abdichtungen, Epoxidharzen, Schutzbeschichtungen und Reparatursystemen für Bauprofis spezialisiert.

Die Integration ermöglicht es den Kunden von DM Figley, ihre lokalen Beziehungen aufrechtzuerhalten und gleichzeitig auf das erweiterte Serviceangebot von Beacon zuzugreifen. Dieser strategische Schritt stärkt die nationale Plattform von Beacon, indem er einen branchenführenden Distributor mit starken Kundenbeziehungen und technischem Fachwissen hinzufügt.

Positive
  • Expands Beacon's Waterproofing Division to 60 branches nationwide
  • Strengthens geographic presence in California market
  • Adds established distributor with strong customer relationships
  • Supports Ambition 2025 growth strategy
  • Enhances technical expertise and product offerings
Negative
  • None.

Expands Beacon’s Specialty Waterproofing Division to Nearly 60 Branches Nationwide

Further Supports Ambition 2025 Plan to Drive Above Market Growth via Multiple Platforms and Enhanced Customer Reach

HERNDON, Va.--(BUSINESS WIRE)-- Beacon (Nasdaq: BECN), the leading publicly-traded specialty wholesale distributor of roofing, waterproofing and related exterior products, announced today that it has acquired DM Figley Company, Inc. (“DM Figley”). DM Figley, which is headquartered in Menlo Park, California, is a wholesale distributor of sealants, waterproofing & concrete repair materials, serving customers throughout California with additional locations in Anaheim, Oakland, Sacramento and San Diego.

DM Figley (Photo: Business Wire)

DM Figley (Photo: Business Wire)

“Since 1970, DM Figley has been synonymous with providing quality products for the construction professional, including sealants, waterproofing, epoxies, protective coatings and repair systems. We take pride in our gold-level service, positioning our company as the go-to resource for product information and updates. By combining forces with Beacon’s Waterproofing team, we will join a multi-platform business with a broader geographic footprint, enabling us to better serve customers and create opportunities for our team members,” commented Janet DiGioia, DM Figley’s CEO.

“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. As part of Beacon, DM Figley’s customers will have the opportunity to maintain local relationships built over decades while benefiting from Beacon’s expanded service offerings,” said Martin Harrell, Beacon’s Division President, Waterproofing.

About Beacon

Founded in 1928, Beacon is a publicly-traded Fortune 500 company that distributes specialty building products, including roofing materials and complementary products, such as siding and waterproofing. The company operates over 580 branches throughout all 50 states in the U.S. and 7 provinces in Canada. Beacon serves an extensive base of approximately 110,000 customers, utilizing its vast branch network and diverse service offerings to provide high-quality products and support throughout the entire business lifecycle. Beacon offers its own private label brand, TRI-BUILT®, and has a proprietary digital account management suite, Beacon PRO+®, which allows customers to manage their businesses online. Beacon’s stock is traded on the Nasdaq Global Select Market under the ticker symbol BECN. To learn more about Beacon, please visit www.becn.com.

INVESTOR CONTACT

Binit Sanghvi

VP, Capital Markets and Treasurer

Binit.Sanghvi@becn.com

972-369-8005

MEDIA CONTACT

Jennifer Lewis

VP, Communications and Corporate Social Responsibility

Jennifer.Lewis@becn.com

571-752-1048

Source: Beacon

FAQ

How many locations does DM Figley operate in California?

DM Figley operates in 5 California locations: Menlo Park (headquarters), Anaheim, Oakland, Sacramento, and San Diego.

How many branches will Beacon's Waterproofing Division have after the DM Figley acquisition?

Following the DM Figley acquisition, Beacon's Waterproofing Division will expand to nearly 60 branches across the United States.

What products does DM Figley distribute?

DM Figley distributes sealants, waterproofing materials, epoxies, protective coatings, and concrete repair systems.

How does this acquisition align with Beacon's strategic goals?

The acquisition supports Beacon's Ambition 2025 Plan, aiming to drive above-market growth through multiple platforms and enhanced customer reach.

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