Maner Builders Supply Co. has been acquired by US LBM Holdings, LLC

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.

Oaklins’ teams in Jacksonville and Savannah served as intermediary and exclusive financial advisors to the seller in this transaction.

Service

M&A sell-side

Parties

“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.”

Principal

Savannah, United States
Oaklins Heritage

View profile Get in touch

Related deals

VINCI Energies has acquired RH Marine and Bakker Sliedrecht

Construction & Engineering Services

VINCI Energies has acquired RH Marine and Bakker Sliedrecht

RH Marine and Bakker Sliedrecht have been acquired by VINCI Energies. With this transaction, VINCI Energies will gain market position in the Dutch maritime sector and strengthen its industrial portfolio.

Learn more

Groupe JVS has completed an LBO with Capza and Bpifrance

Private Equity | TMT

Groupe JVS has completed an LBO with Capza and Bpifrance

The shareholders of Groupe JVS have completed an LBO with Capza and BpiFrance. Parquest sold their shares after partnering with the organization for three years. Groupe JVS’s management team will increase its ownership and remain as the majority shareholder of the group, alongside CAPZA and Bpifrance.

Learn more

PBV Investment Holding Europe-America, S.L. (IDP Group) has been sold to Bureau Veritas

Private Equity | Construction & Engineering Services

PBV Investment Holding Europe-America, S.L. (IDP Group) has been sold to Bureau Veritas

Nazca Capital and the company founders have sold PBV Investment Holding Europe-America, S.L. (IDP Group) to Bureau Veritas. This strategic acquisition will allow Bureau Veritas to expand its leadership in building and infrastructure solutions and meet sustainability challenges through IDP’s digital portfolio assets.

Learn more