- Beacon Roofing Supply, Inc. (NASDAQ:BECN) has acquired Crabtree Siding and Supply, effective January 1, 2022. Deal terms were not disclosed.
- Crabtree is a wholesale distributor of residential exterior building materials, including a broad offering of complementary products, to contractors and homebuilder customers, with annual sales of ~$1 million. Their Cookeville, Tennessee location is located in the market between Nashville and Knoxville.
- The company expects the acquisition to grow its presence in Tennessee.
- Beacon held cash and cash equivalents of $260 million as of September 30, 2021.
- Price Action: BECN shares closed lower by 0.80% at $56.75 on Thursday.
SoFi Q2 Earnings Highlights: Revenue And EPS Beat, Record Revenue And 450K New Members Lead To Raised Full Year Guidance
Financial services company SoFi Technologies Inc (NASDAQ: SOFI) reported second-quarter financial results after market close Tuesday. Here are the key highlights.
