Construction Resources LLC (CR), an Atlanta-based design and construction supply company, on June 20 announced its acquisition of United Materials Inc. (UMI), a Florida-based importer and distributor of surfacing materials.
Founded in 2002, UMI is a wholesale supplier of stone products in the Southeast. The company has more than 1,500 customers and annual revenues in excess of $50 million. UMI has three design centers/distribution facilities located in Naples, Tampa and Boynton Beach, Florida.
UMI President Don DiNorcia and the company’s management team will continue in their current roles, post-transaction, as a part of the Construction Resources group. UMI plans to expand throughout the state of Florida in the near future, according to the company.
Founded in 1970, CR offers more than 60 brands across 10 product categories in the single-family, multi-family and commercial segments.
"The acquisition of UMI came as a natural fit as we looked to expand our geographic footprint and continue executing on our strategic plan to become the premier one-stop-shop for design, product sourcing and project management needs of the remodel and new build markets," says Mitch Hires, CEO of Construction Resources. "Under the leadership of Don DiNorcia, UMI has built a solid business reputation and we believe great opportunity awaits both brands.”
Adds DiNorcia, "We truly are excited about the opportunity this partnership presents our company. From an operations and geographical standpoint, there is exceptional value in the Construction Resources brand. Our businesses align almost seamlessly and our potential for growth increases greatly with their support."