Specialty Building Products (SBP) signed a definitive agreement to acquire DW Distribution, a regional distributor of building materials and millwork products. The transaction provides expanded product offerings and geographic reach with a focus on serving customers at the highest level, according to SBP. Terms of the deal were not publicly disclosed.
“DW Distribution is a tremendous addition to SBP,” Jeff McLendon, president and CEO of Specialty Building Products, said in a news release. “The Potter family and their team at DW have created an organization that is the leading specialty products distributor in its region. Trusted by loyal customers and focused on making a difference in the lives of their employees, DW Distribution aligns with our culture and direction.”
DW Distribution, founded in 1955, is a third-generation, family-run distributor of building materials, millwork products, and door units, serving customers in Texas, Oklahoma, Louisiana, Arkansas, and New Mexico. SBP said the acquisition of DW, coupled with its recent acquisition of Reeb Millwork, deepens its offering in the growing door category and represents SBP’s continued efforts to invest in “high-performing and complementary businesses” that enable geographic and market segment expansion.
“Our business is grounded in our core principles of impressing customers, inspiring each other, and improving our business and communities,” DW Distribution CEO and owner Nathan Potter said. “This partnership provides the opportunity to continue that charge while providing a strong foundation for the long-term successes of our employees, customers, and vendors. We are excited to build on our legacy and are energized by the opportunity to work with Specialty Building Products as we make a positive impact on our industry.”
SBP said DW Distribution will maintain its existing brand name, geographic locations, and management team, led by president Aaron Elliot, as part of the SBP team.
Duluth, Ga.-based SBP operates U.S. Lumber, Alexandria Moulding, Midwest Lumber, and Mid-State Lumber. The distributor provides sales, marketing, and logistic solutions that bring wrange of SKU-intensive and logistically complicated specialty building products to dealers in the repair and remodel and new construction marketplaces.
