SRS Distribution Acquires CB Wholesale and RSI Building Products

The deals add eight locations across three states.

2 MIN READ

SRS Distribution simultaneously acquired residential and commercial roofing and drywall distributors CB Wholesale and RSI Building Products. Terms of both deals were not publicly disclosed.

Bellingham, Was.-based CB Wholesale operates two branch locations and is run by second-generation owner Regan Walker-Sayres. Walker-Sayres will continue to lead the company under the CB Wholesale brand name to ensure continuity and consistency for customers and supply partners, according to a news release.

RSI Building Products, based in Shreveport, La., operates five locations in Louisiana and one branch in Texas. The company’s senior management team, Skip Sayres and Ed Adams, will continue to lead the company under the RSI brand name.

“We are truly honored to welcome both CB and RSI teams to the SRS family. We have known Skip, Regan, and the rest of the extended Sayres family for many years and are thrilled they have decided to join forces with SRS,” Dan Tinker, president and CEO of SRS Distribution, said in a news release. “Over the past 25+ years, both businesses have built strong reputations in their respective markets and have become two of the most respected companies in the industry. By combining the resources of SRS with the local relationships and knowledge of CB and RSI, we will further enhance our ability to service customers, support our supplier partners, and provide growth opportunities for our employees.”

McKinney, Texas-based SRS Distribution is a portfolio company of Leonard Green & Partners and Berkshire Partners. The two acquisitions continue a steady pattern of expansion by SRS Distribution in 2020. SRS opened three greenfield locations in Mississippi, Alabama, and North Carolina in January and an additional six greenfield locations in Georgia, Texas, Colorado, Louisiana, and Michigan in July. The distributor expanded via two acquisitions in 2020 as well, acquiring three-unit A.L.L. Roofing Materials earlier in July and three-unit Gannon Roofing Supply in February. SRS operates a family of distinct family of local brands encompassing more than 350 locations across 44 states. The company ranked 7th on the 2020 ProSales 100 list.

About the Author

Vincent Salandro

Vincent Salandro is an associate editor for Builder. He covers products for the Journal of Light Construction and also has stories appearing in other Zonda publications. He earned a B.A. in journalism and a B.S. in economics from American University.

Sidebar Single