Beacon announces 5M share offering of common stock for holders

Beacon Roofing Supply announced the commencement of an underwritten secondary public offering of 5M shares of Beacon’s common stock by CD&R Boulder Holdings, L.P., an entity affiliated with Clayton, Dubilier & Rice. Morgan Stanley is acting as the sole underwriter in the registered public offering of those shares. The selling stockholder will receive all of the net proceeds from this offering and will continue to hold 10,171,964 shares of Beacon common stock after the completion of the offering.