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SRS acquires CORCO Roofing Division in Chicago

RECENTLY ACQUIREDJun 06, 20264 days ago

Acquiring Company

SRS Distribution

Acquired Company

Industrial Cork Company (CORCO)

McKinneyIllinoisBuilding MaterialManufacturingConstructionBuilding MaintenanceBuilding Material

Description

SRS Distribution has acquired the commercial roofing division of Industrial Cork Company (CORCO) to enhance its presence in the Chicago market. This acquisition supports SRS's strategy of expanding its distribution network in one of the Midwest's largest construction markets. Existing leadership will remain with the roofing business as it integrates into SRS's operations.

Company Information

Company

SRS Distribution

Location

McKinney, Texas, United States

About

Founded in 2008 and headquartered in McKinney, Texas, SRS Distribution has grown to become one of the largest and fastest growing building products distributors in the United States. Since the Company’s inception, it has established a differentiated growth strategy and entrepreneurial culture that is focused on serving customers, partnering with suppliers, and attracting the industry’s best talent. SRS currently operates under a family of distinct local brands encompassing more than 740 locations across 45 states. SRS Distribution is a portfolio company of Leonard Green & Partners, L.P. and Berkshire Partners LLC. For more information, visit www.srsdistribution.com.

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Strategic

ML-powered predictions for SRS Distribution's next move

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.