Specialty building materials distributor US LBM Holdings LLC, Buffalo Grove, Illinois, on Thursday announced it has acquired Tri-County Building Supplies, a building materials distributor in southern New Jersey. Financial terms of the deal weren’t disclosed.
Founded in 1964, Tri-County Building Supplies operates multiple locations in southern New Jersey, including a 14-acre flagship location in Pleasantville that includes a showroom and 60,000 square feet of warehouse space.
Tri-County Building Supplies supplies lumber and specialty building materials, including roofing, siding, wallboard, insulation, millwork, hardware, cabinetry, interior and exterior doors, windows and stair rail installation, to professional customers and homeowners in southern New Jersey.
The company will operate as part of US LBM’s Universal Supply Company, which has more than 20 locations across the Mid-Atlantic, including New Jersey, Connecticut, Maryland and Delaware.
“Universal Supply Company and Tri-County Building Supplies have complementary operating models and share the same principles of providing superior customer service and a wide catalog of products to building professionals,” said US LBM Chief Development Officer and Universal Supply President Jeff Umosella. “We’re pleased to welcome the Tri-County team to Universal Supply and the greater US LBM network.”
In addition to Universal Supply, US LBM’s other operations in New Jersey include Feldman Lumber and Direct Cabinet Sales.
The JIAN Group LLC acted as the financial adviser to Tri-County Building Supplies.
This is another strategic move for US LBM, which has been growing through both acquisition and greenfields of late. The company in November announced it was being acquired by Bain Capital Private Equity.