SRS Distribution (“SRS” or “the Company”) announced today that it has acquired Myles F. Kelly, Inc., a leading regional independent distributor of residential and commercial building products servicing the Northern New Jersey and Long Island, New York region from its six locations. The locations are in Harrison, Roselle Park, Chatham, Perth Amboy, and Bergenfield, New Jersey as well as in Farmingdale, New York. The branches are ideally situated to serve their customer base consisting of home improvement contractors, residential and commercial roofers and home builders.
Myles F. Kelly was founded in 1935 and currently employs 90 people. MFK's current product mix includes all residential and commercial roofing products, a full selection of wood, vinyl and aluminum replacement windows and entry doors, composite decking and hardscapes as well as brick, block and masonry supplies. Jeff Kelly, Myles F. Kelly’s current owner and the entire sales and operations team will be staying with the company. All Myles F. Kelly locations will continue to operate under that name and will become part of SRS’ portfolio of distributors.
Ron Ross, Chairman & CEO of SRS Distribution, commented, "Jeff has been a good friend of ours for a long time and his values and those of his employees are so similar to ours that it makes this a natural fit for both companies. We are honored to have the talented and hard-working employees of this 79 year old northeast mainstay join our family of companies and we will work tirelessly to preserve the legacy of this company for the future. This is the largest company we have acquired to date at SRS and we couldn’t be more excited.”
Jeff Kelly, Owner of Myles F. Kelly, added, “I have known the leadership of SRS for a long time and they have a solid reputation for both integrity and business acumen. We could have joined up with anyone, but I felt the SRS team cared the most about my employees and would be great business partners in the years ahead. I am staying on and investing and I look forward to growing the company with the help of SRS’ resources.”
Headquartered in McKinney, TX, SRS is a roofing distribution holding company that with the addition of Myles F. Kelly will include 112 locations in 37 states operating under the names: Suncoast Roofers (FL), Southern Shingles (TX/OK/LA/AR), SRS Roofing Supply (AL, MS), Rowe Supply (GA/SC), Atlanta Roofing (GA), Cannon Supply (SC), Columbia Wholesale (SC), Midwest Roofing Supply (IL/MN/IA/OH), Gary-Hobart Roofing Supply (IN), River City Wholesale (KY), Superior Distribution (TN/MD/VA/NC), Shake & Shingle Supply (CO/KS/MO/IL), Roofline Supply (OR/CA/UT/AZ), Stoneway (WA), Pace Supply (PA/CT/NJ), ABCO Supply (MI), Heritage Wholesalers (MA/NH/CT), Myles F. Kelly (NJ/NY) and Sierra Roofing Supply(NV). SRS is a portfolio company of Berkshire Partners LLC.