Two closed deals are better than one
Maner Builders Supply Co. (Maner), headquartered in Augusta, GA, has completed two separate but simultaneous transactions.
In addition to the sale of its business operations to US LBM Holdings, LLC (US LBM), a portfolio company of Kelso Private Equity, Maner also sold its real estate to STORE Capital (STORE) in a sale-leaseback transaction.
The Oaklins team was very organized, technically knowledgeable and experienced. They took care of a lot of challenges that had to be addressed, including COVID-19, and made the transaction progress smoothly. When we were dealing with the buyer the sale price kept changing, but the team was able to adapt to the changes and we were able to settle on a final price and terms with which we are all very happy.JIM BROOME, PARTNER, MANER BUILDERS SUPPLY CO., USA
Oaklins’ approach delivers extraordinary value
With its expertise in the logistics and distribution industries, Oaklins’ teams in Jacksonville and Savannah advised Maner Builders Supply Co. and maximized the value of these transactions.
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