BlackArch Partners Advises Supply Chain Equity Partners on Sale of Coastal Construction Products to Beacon

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BlackArch Partners LLC is pleased to announce that Coastal Construction Products, a portfolio company of Supply Chain Equity Partners, has been acquired by Beacon.

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BlackArch Partners LLC (“BlackArch”) is pleased to announce that Coastal Construction Products (“CCP,” “Coastal” or the “Company”), a portfolio company of Supply Chain Equity Partners (“SCEP”), has been acquired by Beacon (Nasdaq: BECN).

Founded in 1975, CCP is one of the largest independent distributors of specialty waterproofing products in the U.S. Through a network of 18 branches, CCP serves as an essential channel partner, providing specialty contractors with thousands of SKUs sourced from the industry’s premier suppliers. Since partnering with SCEP in 2018, the Company has opened branches in Raleigh, Charlotte and Pompano Beach and completed strategic acquisitions in Sarasota and Chicago.

BlackArch was retained by CCP and SCEP to serve as the Company’s exclusive financial advisor. The transaction builds upon BlackArch’s significant momentum in the specialty distribution and building products sectors and is a further example of the firm’s ability to drive successful outcomes for high-growth, market-leading businesses.

Martin Harrell, Chief Executive Officer of CCP, stated, “We could not be more pleased with BlackArch’s representation of Coastal in this process. From our initial meeting to deal closing, their team was prepared, informed and added value throughout the process. The BlackArch team worked tirelessly to ensure that we could continue to operate our business while guiding us through the transaction.”

Jay Greyson, Partner at SCEP, added, “BlackArch delivered as a trusted advisor and dedicated partner to Coastal throughout every stage of a well-executed process. Their deep understanding of Coastal’s industry and business model, close working relationship and cultural alignment with the management team and airtight process execution resulted in an outstanding transaction outcome.”

About Coastal Construction Products

Headquartered in Jacksonville, FL, Coastal Construction Products is one of the largest independent distributors of caulking and sealants, waterproofing, concrete repair and fire protection products in the U.S. CCP serves specialty contractors throughout the Southeast and Midwest, as well as the Caribbean and Central America, through a network of 18 strategically located branches. The Company was founded in 1975 by William Harrell and Skip Allcorn. For more information, visit http://www.coastalone.com.

About Supply Chain Equity Partners

Based in Tampa, FL, Supply Chain Equity Partners is the only committed-capital private equity firm in North America that invests exclusively in the distribution and logistics space. Founded by industry veterans and backed by leading institutional investors, the fund works to help build and support industry-leading distribution companies. SCEP has invested in 54 distribution businesses since 2007. For more information, visit http://www.supplychainequity.com.

About Beacon

Founded in 1928, Beacon is a Fortune 500, publicly traded distributor of building products, including roofing materials and complementary products such as siding and waterproofing. With this acquisition, the company operates over 470 branches throughout all 50 states in the U.S. and 6 provinces in Canada. Beacon serves an extensive base of over 80,000 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 http://www.becn.com.

About BlackArch Partners

BlackArch is a leading middle-market investment bank offering a full spectrum of advisory services to financial sponsors, private companies and diversified corporations. BlackArch addresses the needs of companies with specialized services that include M&A advisory, strategic advisory and private capital solutions. Headquartered in Charlotte, NC, BlackArch features a total of 12 industry-focused practices that cover all sectors of interest to middle-market investors; BlackArch professionals have closed more than 350 transactions in 16 countries on four continents. Please visit our website, http://www.blackarchpartners.com, for more details.

Securities offered through BlackArch Securities LLC. Member FINRA and SIPC. Testimonials may not be representative of the experience of all clients. Testimonials are not a guarantee of future performance or success.

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