Building materials distributor US LBM, Buffalo Grove, Illinois, on Wednesday announced it has acquired Mid-Cape Home Centers, a South Dennis, Massachusetts-based building products and home improvement company with six locations in the southern coastal region of Massachusetts. Financial terms of the deal weren’t disclosed.
Mid-Cape Home Centers traces its roots back to 1895. Today it supplies professional builders, remodelers and homeowners in Massachusetts’ South Shore, Cape Cod and the Islands with lumber and specialty building materials.
“We’re excited for this partnership with US LBM, which shares our focus on quality, service, community involvement and people,” said Mid-Cape President and General Manager Jack Stevenson, who will continue to lead Mid-Cape’s day-to-day operations. “Together, Mid-Cape and US LBM will set an even higher bar, as we remain committed to our loyal customers, local communities and mission to be the supplier of choice in Southeastern Massachusetts. Our customers will have access to a wider range of technologies, materials and offerings while relying on the team they know and trust.”
With the addition of Mid-Cape, US LBM now operates 25 locations across New England under several banners, including Deering Lumber, East Haven Builders Supply, Poulin Lumber, Ridgefield Supply, Universal Supply and Wallboard Supply.
“With a proud legacy of more than 125 years, Mid-Cape Home Centers and its team’s passion for people and the local community make them a great addition to US LBM,” said US LBM President and CEO L.T. Gibson. “Mid-Cape expands US LBM’s reach into the southern coastal communities of Massachusetts, strengthens our presence in New England, and solidifies our network of leading building materials suppliers along the East Coast.”
Anchor Peabody served as the exclusive advisor to Mid-Cape Home Centers.