CHICAGO, June 11, 2007 (PRIME NEWSWIRE) -- Beacon Roofing Supply, Inc. has acquired North Coast Commercial Roofing Systems, Inc., a privately held distributor of commercial roofing products, for $119.8 million in an all-cash transaction.

RSM EquiCo Capital Markets initiated the transaction, led the negotiations and acted as the exclusive advisor to North Coast Commercial Roofing Systems, Inc.

"North Coast has a track record of strong performance and provides us with an excellent opportunity to enhance our current presence in the Midwest, especially with commercial contractors, as well as to expand into the large New York market," said Robert Buck, chairman, president & CEO of Beacon Roofing Supply. "Equally important is that North Coast shares Beacon's core values of integrity, loyalty and a commitment to its employees and customers. North Coast is a terrific fit for our company."

About RSM EquiCo Capital Markets

RSM EquiCo Capital Markets LLC (www.rsmequico.com) is a global provider of investment banking services to private and public companies with annual revenues of up to $1 billion. The firm brings together companies, capital and creativity on a national and international scale to help clients achieve their personal and strategic objectives.

As specialists in facilitating mergers and acquisitions, structuring recapitalizations, providing access to capital markets and offering fairness opinions, RSM EquiCo Capital Markets plays a noteworthy role in the "middle-market" field. These services include facilitating the acquisition of North American companies and raising capital for a wide variety of purposes, ranging from acquisitions and leveraged buyouts to balance sheet restructuring.

RSM EquiCo Capital Markets is licensed by the SEC and all state securities authorities, and is a member of the NASD and SIPC. The firm's international headquarters are located in Costa Mesa, Calif. It also has offices in Chicago, Boston, New York and London.

About North Coast Commercial Roofing Systems, Inc.

North Coast Commercial Roofing Systems, Inc. is the largest distributor of commercial roofing systems and related accessories in the Midwest, with 16 locations in eight U.S. states. North Coast has branches in Ohio, Illinois, Indiana, Kentucky, Michigan, New York, Pennsylvania and West Virginia. Established in 1986, North Coast employs 197 associates and generated net sales of approximately $253 million for its latest completed fiscal year ended March 31, 2006. Along with its product sales, North Coast offers customers a number of important value-added services, including tapered insulation design, crane services for rooftop delivery and roofing consulting and design services. It will operate as a separate region under the North Coast name within Beacon's growing family of established regional suppliers of roofing and exterior building materials.

About Beacon Roofing Supply, Inc.

Beacon Roofing Supply, Inc. distributes residential and nonresidential roofing materials in the United States and Canada. It also offers other complementary building materials, including siding, windows, specialty-lumber products, and waterproofing systems for residential and nonresidential building exteriors. The company's customers include contractors, homebuilders, building owners, and other resellers in Northeast, Mid-Atlantic, Midwest, Central Plains, Southeast, and Southwest regions of the United States, as well as in eastern Canada. As of September 30, 2006, it operates 155 branches and had LTM sales of approximately $1.5 billion. Beacon Roofing was founded in 1928 and is headquartered in Peabody, Mass.

RSM EquiCo, Inc.
Todd Cooley, Director of Communications
714-327-8865