Integrated Roofing and Waterproofing files
Consolidated roofing company Integrated Roofing and
Waterproofing Inc., Houston, filed for Chapter 11 bankruptcy
protection on March 8. The filing includes Atlas Roofing Co. Inc.,
Atlanta; Beta Construction Co. Inc., Capital Heights, Md.; Boone
Brothers Roofing Inc., Omaha, Neb.; Delta Roofing Inc., North
Billerica, Mass.; Hampton Supply Inc., Capital Heights; M.J. Dalsin
Co. Inc., Fargo, N.D.; and M.J. Dalsin Co. of South Dakota Inc.,
Integrated Roofing and Waterproofing was established in 1999 and
employs more than 1,200 workers. The company offers a full range of
roofing and waterproofing system installations and services. The
company's primary assets include equipment; accounts receivable;
cash; inventory; goodwill; and intangibles, including a significant
market share, customer and vendor relationships, and experienced
The company is seeking a buyer and issued an invitation letter
to interested parties. The deadline for bid submissions was April
16. A hearing occurred April 22 to approve the sale of the
business. At press time, the hearing's...
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