Latham & Watkins Advises on Beacon Roofing Supply’s Secondary Offering of 5 Million Shares of Common Stock

Beacon Roofing Supply, Inc. (NASDAQ: BECN) (Beacon) announced the pricing of an underwritten secondary public offering of 5 million shares of Beacon's common stock by CD&R Boulder Holdings, L.P., an entity affiliated with Clayton, Dubilier & Rice, LLC. 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. No shares are being sold by Beacon, and the total number of Beacon's shares outstanding will not change as a result of the offering.

Latham & Watkins LLP represented the underwriters in the offering with a capital markets team led by New York partners Corey Wright and Andrew Blumenthal, with associates David Califano, Angel Marcial, and Emma Mayberry. Advice was also provided on tax matters by New York partner Jiyeon Lee-Lim, with associate Ted Gkoo.