EcoFoam Insulation Supply Inc., the Stamford-based distributor of insulation and related accessories, has been acquired by Beacon Roofing Supply Inc., a publicly traded distributor of residential and commercial roofing materials and complementary building products headquartered in Herndon, Virginia. Terms of the deal were not disclosed.
“Joining forces with Beacon presents a unique opportunity for EIS to grow and better serve our customers,” said EcoFoam Insulation Supply President Kevin Brown, who will remain with the company, which is expected to stay in Stamford. “Beacon’s commitment to its insulation business, along with Beacon’s size and relationships with the major insulation manufacturers, will open new doors for EIS and provide growth opportunities that we could not achieve independently.”
“EIS’s strong reputation with contractors in its markets will provide an excellent complement to Beacon’s insulation footprint,” said Beacon CEO and President Paul Isabella, who noted that EIS serves Connecticut, Southern New England and the New York City metropolitan area.