US LBM Holdings LLC, a portfolio company of BlackEagle Partners LLC, has agreed to acquire Edward Hines Lumber Co., an eight-location building materials and lumber distributor based in Chicago, IL.
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According to the Edward Hines Web site, its facilities include a Millwork Division, Cabinet Division, Window Center, Commercial Division and four full-service lumberyards. Hines also supplies panel products, roof components and pre-finished cedar siding. The acquisition includes subsidiary Hall & House, which serves the Indiana market.
According to a press release, LBM Holdings will become the 10th largest lumber and building materials distributor in the U.S. with this acquisition.
US LBM Holdings has been purchasing building materials distributors across the country in the past year, including several former Stock Building Supply locations.
Created by BlackEagle Partners, LLC and Building Industry Partners, LLC in October 2009, US LBM was built through the acquisition of three markets from Stock in Wisconsin, Central New York and Connecticut.