The shareholders of Coastal Construction Products, LLC (CCP) have joined with a financial partner, Supply Chain Equity Partners, which will enable CCP to become a national leader in the construction distribution space.
CCP is one of the largest independent distributors of caulking and sealants, waterproofing and concrete restoration materials in the US. With roots going back 40 years, the company has worked with customers across the Southeast and the Caribbean, supporting them as they built or restored state capitols, office towers, power plants, bridges and more.
Supply Chain Equity Partners is the only private equity firm in the world that focuses exclusively on the distribution industry. Supply Chain Equity Partners acquires or invests solely in wholesale distributors and related logistics companies that are a critical link in the supply chain, regardless of sub-sector. The firm is to utilize its extensive knowledge, experience and relationships in the distribution industry to maximize the growth and profitability of its portfolio companies.
Oaklins' team in Jacksonville acted as lead advisor to the seller.
“CCP has developed our brand of exceptional customer service, broad product knowledge and fully stocked inventories over 40 years,” said Martin S. Harrell, CEO of Coastal Construction Products, LLC. “We believe this customer-centric focus provides excellent growth opportunities for opening new branch locations and partnering with like-minded distributors.”
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