Maner Builders Supply Co. has been acquired by US LBM Holdings, LLC
July 2020 — The shareholders of Maner Builders Supply Co. have sold the company to US LBM Holdings, LLC. Additionally, Maner also sold its real estate to STORE Capital (STORE) in a sale-leaseback transaction.
Maner Builders Supply distributes, delivers and installs building and construction materials for commercial and residential projects in the Southeast of the United States. It offers framing, exterior doors and windows, roofing, engineered lumber, gypsum, masonry, fence, access controls, glass, and architectural and structural materials. The company also provides commercial products, such as hollow metal doors and frames, solid core and fire-rated birch wood doors and various door hardware items, toilet accessories, industrial fire extinguishers and cabinets. In addition, it also offers entry systems and lock sets, fasteners and power tools and accessories, safety materials, ladders and scaffolds, cutting and drilling tools and maintenance materials. Maner Builders Supply serves home builders, general contractors, government entities, private companies and home owners. It was founded in 1951 and is based in Augusta, Georgia, with additional locations in Charleston and Aiken, South Carolina.
One of the largest building products distributors in the USA, US LBM operates in more than 250 locations nationwide, providing a wide range of building materials to custom home builders, national builders and specialty contractors. The company was founded in 2009 and is based in Buffalo Grove, Illinois.
STORE, founded in 2011, provides real estate investment trust services and invests in single-tenant real estate. Following the transaction, US LBM will lease back the same properties as a tenant.
Our role in the transaction
Oaklins’ teams in Jacksonville and Savannah served as intermediary and exclusive financial advisors to the seller in this transaction.
Jim Broome
Partner, Maner Builders Supply Co.
Talk to the deal team
Related deals
JP Chick & Partners has been acquired by Qflow
J P Chick & Partners Ltd. has been acquired by Qflow Group AB, strengthening Qflow’s presence in the UK. With nearly 40 years of experience, an established presence in the East of England and broad expertise in structural, civil and environmental engineering, J P Chick complements the capabilities of Qflow’s existing UK businesses. The acquisition further expands Qflow’s UK operations and strengthens its multidisciplinary engineering offering.
Learn moreDe Groot Installatiegroep has acquired a stake in Pesch Electrotechniek
De Groot Installatiegroep has acquired a stake in Pesch Electrotechniek, a specialist in industrial electrical installations and electrical engineering services based in Rozenburg, the Netherlands. Through the acquisition of Pesch, De Groot Installatiegroep enters the industrial electrical installation market and establishes a presence in the Rotterdam port region. For Pesch, the partnership provides access to the resources, capabilities and broader technical expertise of a larger installation group, while allowing the company to build on its existing customer relationships and specialist market position.
Learn moreValuation advisory has been provided to a co-investor in VDK
EMK Capital has transferred VDK Groep B.V. from EMK Capital Partners Fund I into the newly established US$1.4 billion single-asset continuation fund, the EMK VDK Partnership Fund, alongside a co-investment from EMK Capital Partners Fund III. The transaction, co-led by LGT Capital Partners and Coller EQT, provides existing investors with the opportunity to retain their exposure to VDK while securing additional capital to support the company’s continued growth and buy-and-build strategy.
Learn more