Beacon Roofing
Founded Year
1993Stage
Acquired | AcquiredValuation
$0000About Beacon Roofing
Beacon Roofing offers roofing services across the South East of England, predominantly for national housebuilders and developers.On March 31st, 2022, Beacon Roofing was acquired by Brickability at a valuation of $8.5 million.
Beacon Roofing Headquarter Location
The Old Post Office, Station Road, Gomshall,
Surrey, England, GU5 9LA,
United Kingdom
01483 202828
Latest Beacon Roofing News
Apr 1, 2022
Fri, 01 Apr 2022 | BUSINESS SALE Construction materials distributor Brickability Group has acquired roofing services contractors Beacon Roofing for a total consideration of £6.5 million. The acquisition follows Brickability’s August 2021 takeover of Hampshire-based roofer Leadcraft. The total consideration reflects a 5.9x multiple of Beacon’s £1.1 million normalised EBITDA for the 12 months ending January 31 2022, generated on unaudited revenue of £8.9 million. The fee, which will be funded from existing Brickability resources, is payable through an initial £4.5 million payment and a £2 million deferred consideration, to be paid in cash over the coming three years. Beacon Roofing was founded in 1993 and is based in Surrey. The company operates across the South East of England, predominantly working for developers, national house builders and luxury domestic projects. Beacon Roofing’s services include planning, specification and installation, with the company working across a broad array of materials and finishes, including slate, clay tile, leadwork, fibreglass, zinc and photovoltaic (PV) solar panels. AIM-listed Brickability, which is headquartered in Bridgend, expects the acquisition to be immediately earnings accretive upon completion, with Beacon Roofing strengthening its roofing services business, alongside the recently acquired Leadcraft. Brickability CEO Alan Simpson commented on the deal: “Beacon is another great addition to our profitable Roofing Services division, further expanding our coverage in the South East. This acquisition follows the acquisition of Leadcraft, the Hampshire based roofing contractor in August 2021 which continues to perform strongly.” Find businesses for sale here . If you are looking for an exit, we can help! Share this article
When was Beacon Roofing founded?
Beacon Roofing was founded in 1993.
Where is Beacon Roofing's headquarters?
Beacon Roofing's headquarters is located at The Old Post Office,, Surrey.
What is Beacon Roofing's latest funding round?
Beacon Roofing's latest funding round is Acquired.
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