Strategic move set to create the fourth-largest distributor in the nation
by Chris Gray
April 29, 2024, Tampa, FL – Florida-based Gulfeagle Supply has entered into an agreement to acquire Elite Roofing Supply, a prominent roofing distributor based out of Phoenix, Ariz. Elite has 26 branches and was founded 11 years ago.
The transaction is expected to close June 2024, subject to regulatory approvals and customary closing conditions. Financial details were not disclosed. With completion of the acquisition, the partnership will result in a combined total of 141 branches nationwide, making it the fourth-largest distribution in the United States.
“Elite is a top-notch organization with a quality management team, and we are so excited to have them join our team,” said Brad Resch, president of Gulfeagle. “They share our same values, and this couldn’t be a better fit to allow us to better serve our contractors, employees, and vendors.”
Sarah Weiss, CEO of Elite Roofing Supply, expressed excitement about the pending acquisition.
“The alignment of Gulfeagle and Elite reflects a shared commitment to being the employer of choice within the industry,” she said. “We are eager to merge our strengths while maintaining a family-owned approach and providing customers with a national presence.”
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