SRS Announces the 100th Addition to its Family of Companies With the Acquisition of Weatherpanel, Inc.
SRS Distribution Inc. (“SRS”) announced that it has acquired Weatherpanel, Inc. (the “Company”), a leading distributor of residential and commercial roofing, siding, windows & doors, and other related products. Terms of the agreement were not disclosed.
Headquartered in Buffalo, New York, the Company was founded in 1948 and is currently run by Frank Vacanti and Maria Wrafter. Frank joined Weatherpanel in 1978 and has been President since 1991, with Maria joining in 1994 and acting as Vice President since 2002. Frank and Maria will continue to lead the Company’s dedicated team under the Weatherpanel banner, ensuring continuity and consistency for customers, suppliers, and employees.
Dan Tinker, President and CEO of SRS Distribution, commented, “We are thrilled to announce our new partnership with Frank, Maria, and the rest of the Weatherpanel team. The Company is one of the oldest and most respected independent distributors in New York and will be a perfect complement to our B&L Wholesale Supply branches in the region. It is truly an honor to welcome Weatherpanel as the newest member of our amazing family. This transaction also marks a momentous milestone in SRS history as the 100th acquisition since our founding in 2008. I’d like to extend a sincere ‘Thank You’ to all of the loyal and hardworking members of the SRS family for making this possible. We could not have achieved such tremendous success without each and every one of you.”
Mr. Vacanti, the Company’s President and owner, commented, “Weatherpanel has always prided itself on being an independent distributor with a reputation for taking care of its people and putting the customer first. After meeting with the folks at SRS, we discovered a rarity in the distribution industry – a national company that shares our values, operates like a family-owned business, and is supported by a fanatical team that loves what they do.” Added Maria Wrafter, the Company’s Vice President and owner, “Everyone we have interacted with at SRS throughout this process has been upbeat, knowledgeable, and willing to go the extra mile to make our people feel welcome. We couldn’t be happier about our decision to join SRS and are incredibly optimistic about what the future holds for all of our dedicated employees.”
About SRS Distribution
Founded in 2008 and headquartered in McKinney, TX, SRS has grown to become one of the largest and fastest growing building products distributors in the United States. Since our inception, we have established a differentiated growth strategy and entrepreneurial culture that is focused on serving our customers, partnering with our suppliers, and attracting the industry’s best talent. We currently operate under a family of distinct local brands encompassing more than 470 locations across 44 states. SRS Distribution is a portfolio company of Leonard Green & Partners, L.P. and Berkshire Partners LLC. For more information, visit www.srsdistribution.com.
Source: SRS Distribution, Inc.