Murrells Inlet, South Carolina (May 1, 2018)–U.S. LBM Holdings LLC, distributor of specialty building materials in the United States, announced that it has acquired Myrtle Beach Building Supply. With this acquisition, U.S. LBM now operates eight locations across North Carolina and South Carolina.
Founded in 2002, Myrtle Beach Building Supply operates two locations, situated in Murrells Inlet and Little River, South Carolina, distributing a wide range of products to custom home builders and professional remodelers, including roofing, siding, windows, doors, hardware, fasteners and trusses. Founders Bobby Smith and Joe Jenkins will both remain with the company, with Smith continuing to serve as president.
“Myrtle Beach Building Supply has built a reputation for providing superior service to its customers over the past 16 years, and we are pleased to welcome the entire team to the growing U.S. LBM network,” said U.S. LBM President and chief executive officer (CEO), L.T. Gibson. “We believe this new partnership further improves our competitive position in the expanding southeastern construction market and complements our strategy of adding local market leaders with long-standing customer relationships to our portfolio.”
Myrtle Beach Building Supply was advised on the transaction by Note Orius Inc. U.S. LBM was advised by Honigman Miller Schwartz and Cohn LLP.
For more information, visit uslbm.com.
