Dallas, TX March 31, 2010
Roofing Supply Group, LLC (“RSG”), a national leader in the wholesale distribution of roofing supplies and related materials, today announced that it has acquired the assets of Northwest Roofing Supply, Inc.’s roofing division (the “Northwest Roofing Division”). Based in Oklahoma City, OK with a satellite office in Lawton, OK, and more than twenty years servicing local contractors and builders, the Northwest Roofing Division has established itself as a leading distributor of residential roofing products in the Oklahoma market.
“Northwest Roofing Supply has long been recognized as one of the leading distributors of quality roofing materials in Oklahoma,” said Mike Farrell, President and CEO of RSG. “We are honored that Cliff and Diane Stockton have chosen to sell the roofing division to RSG and look forward to working with Rick Misuraca, branch manager, and his team of seasoned professionals to continue to deliver superior products and service to the Oklahoma market.”
RSG operates a strategic distribution network of 58 branches across 22 states, focused exclusively on residential and commercial roofing products and accessories. The Northwest acquisition further strengthens RSG’s geographic position and ability to serve its customer base.
Roofing Supply Group is a portfolio company of The Sterling Group, L.P.
About Roofing Supply Group
Roofing Supply Group headquartered in Dallas, Texas, is one of the largest wholesale distributors of roofing supplies and related materials in the United States. Through its network of 58 branches in 22 states, RSG provides one-step distribution services from roofing product manufacturers to roofing contractors and homebuilders. Each branch carries a complete line of roofing products for residential and commercial roofing, including composition asphalt shingles, underlayment, and associated ancillary products.
About The Sterling Group, L.P.
Founded in 1982, The Sterling Group is a Houston based private equity firm targeting controlling interests in basic manufacturing, industrial services, and distribution companies. Sterling emphasizes strategic and operational value creation in partnership with management. Typical enterprise values range from $100 to $500 million. Over its nearly 30 year history, Sterling has acquired 36 platform companies and numerous add-on acquisitions aggregating approximately $8.6 billion in transaction value. Currently, Sterling has $1.3 billion of committed capital under management.
For additional information, please contact:
Roofing Supply Group, LLC
(214) 956 5184
The Sterling Group, L.P.