IBMG Gears Up Roofing Division with Latest Acquisition

WITH THE ACQUISITION of Roofing Gear, the Independent Builders Merchant Group (IBMG) expands its specialist roofing division by three branches and adds £6m turnover to the Group.

Established 19 years ago, Roofing Gear has three branches in Yeovil, Dorchester and Poole providing a range of roofing products, insulation and associated materials.

Roofing Gear Acquisition

This latest acquisition by IBMG which is the largest independent merchant group in southern England, provides its roofing division with further geographic coverage, increased product extension and a strong platform for further growth. Culturally both companies share a common vision, an independent ethos and a commitment to providing exceptional customer service.

The roofing merchant will continue to trade as Roofing Gear.  Jeremy Gear will remain in the business and work with Danny Spokes, managing director for IBMG’s Roofing Division, to ensure the business’ successful integration into the Group.

Jeremy Gear, MD Roofing Gear said: “This is a great next step for us. IBMG is the perfect custodian for Roofing Gear and this acquisition opens up an exciting new chapter for us all.

“Roofing Gear has come a long way since it was first established in 2004, and now as an IBMG-owned merchant I am confident it will flourish even further.  It has an amazing team of 11; a very loyal customer base, and our mission statement from day one – to provide our customers with the most comprehensive service a roofing merchant can offer – hasn’t changed.

“I look forward to working with Danny to ensure our successful integration into the Group.”

Scaling Up

Danny Spokes, MD IBMG’s roofing division said: “We are delighted to welcome Roofing Gear, Jeremy and all his team to IBMG. This is an exciting time for IBMG’s Roofing Division as we scale up our offerings in terms of product, service, specialist roofing expertise and location.”

Martin Stables, CEO of IBMG added: “The backbone of IBMG is that we do not alter ‘the DNA’ of our acquisitions, we simply add our ‘IBMG magic’ to it – by sharing best practice from our entrepreneurial teams, adding top level professional support, and providing world-class systems and infrastructure to ensure exceptional service and products for customers at every branch.

“As a result, IBMG has become the custodian of choice for merchants looking to the next stage of their development. This is particularly true for merchants like Roofing Gear – a merchant that has built a strong reputation and wants its legacy to continue and prosper.”

With this latest acquisition IBMG now owns 177 merchant branches throughout the country, this includes 13 roofing merchant branches of Chandlers Roofing Supplies and Independent Roofing Supplies.  More than 100,000 trade customers rely on IBMG branches every week.

Roofing Gear was founded in 2004 by Jeremy Gear.  The business’s first branch was in Yeovil, followed by branches in Dorchester and Poole. In 2020 Jeremy was also appointed chairman of the Builders Merchants Federation’s (BMF) Roofing Forum.

>>Read more about roofing industry acquisitions in the news