CD&R Affiliate to Offer Beacon Shares

Beacon Announces Pricing of Secondary Offering of Common Stock

Building materials distributor Beacon (NASDAQ: BECN) has revealed the pricing of a secondary public offering of its common stock. The offering, which comprises 5,218,134 shares, is being made by CD&R Boulder Holdings, L.P., an entity associated with private equity firm Clayton, Dubilier & Rice, LLC. RBC Capital Markets is acting as the exclusive underwriter for the offering, which is set to close on January 22, 2024, subject to customary closing conditions.