Building Products Acquisitions in Alabama

Catalyst Acoustics Group, a portfolio company of KPS Capital Partners, completed the acquisition of Curb Technologies, LLC, a manufacturer of custom roof curbs based in Opelika, Alabama. The deal expands Catalyst's HVAC rooftop support and vibration isolation product offering while Curb Tech's co-founders will continue to run operations; financial terms were not disclosed.

Park/Wiseway Supply Group (PWSG) has acquired Northport Electrical Supply, a full-line electrical distributor based in Northport, Alabama with more than 35 years of local service. The acquisition expands PWSG’s electrical distribution footprint in the Tuscaloosa/Northport market and will allow Northport to continue operating under its established name while gaining access to PWSG’s broader resources, inventory and technology.

The Cook & Boardman Group LLC has acquired Mullins Building Products, Inc., a Birmingham, Alabama-based commercial door and hardware supplier and installer. Terms were not disclosed; Mullins will continue to operate under its existing name and joins C&B as its ninth acquisition under Platinum Equity’s ownership.

Silver Canyon Group, a San Diego-based private equity firm, has acquired Franklin Homes, a Russellville, Alabama manufacturer of manufactured, modular residential, and multifamily buildings. Silver Canyon said it will support growth and innovation at Franklin Homes — including adding additional plants — and appointed Bobby Killingsworth as President with Blake Jackson promoted to General Manager.

AEA Investors' middle market private equity fund has closed the acquisition of Nations Roof, a U.S.-based commercial roofing contractor that serves national retailers, property managers and commercial & industrial customers. The seller was Acacia Partners; AEA intends to use Nations as a building-products platform investment to expand its presence in the commercial roofing and building products sector.

Town & Country Industries, a division of ABC Supply Co., Inc., has acquired the assets of Aluminum Products Wholesale, LLC, a Mobile, Alabama-based distributor of aluminum building products. The acquisition gives Town & Country its first location in Alabama and aims to strengthen relationships with contractors in the Gulf Coast region while retaining the Mobile-based employees to ensure continuity for customers.

Inline Electric Supply Co., a Huntsville-based electrical distributor, acquired TVW Electrical Supplies, a Decatur, Alabama electrical supplies distributor, in a transaction that closed October 2, 2023. The deal expands Inline's footprint in the Southern U.S. and adds TVW's local customer relationships and product lines to Inline's network of branches.

Spahn & Rose Lumber Co. has acquired City Lumber Co., a family-owned lumber and building-materials supplier and truss manufacturer based in Huntsville, Alabama. The acquisition expands Spahn & Rose's footprint into Alabama and strengthens its manufacturing capabilities and regional presence in the Southeast.

TRM Equity II, a Michigan-based private equity firm, acquired substantially all of the assets of Innovative Hearth Products (IHP) on January 26, 2023. IHP is a manufacturer of indoor and outdoor fireplaces, stoves, gas logs, inserts, venting products and accessories with production facilities in Russellville, Alabama and Auburn, Washington; it generated about $87 million of revenue in 2022 and employs approximately 350 people.

Beacon (Nasdaq: BECN) has completed the acquisition of First Coastal Exteriors, LLC, a regional distributor with locations in Mobile, Alabama and Pearl, Mississippi that sells siding, gutters and windows. The deal expands Beacon's footprint and product offering in the Alabama and Mississippi markets and brings First Coastal employees and customers into Beacon's branch network.

Ingevity Corporation completed the previously announced all-cash acquisition of privately-owned Ozark Materials (including Ozark Logistics) for $325 million. The acquisition brings a leading producer of pavement marking materials and related logistics into Ingevity's Performance Chemicals segment and strengthens its position in the paving construction end market across the United States and Canada.

Linsalata Capital Partners completed a recapitalization of Wellborn Forest Products, Inc., a U.S. semi‑custom kitchen and bath cabinetry manufacturer. BDO Capital Advisors served as exclusive financial advisor to Wellborn on the transaction, which provides new capital and a partner to support the company’s continued growth and distribution expansion.

Southeast Building Supply Interests (SBSI), a platform company sponsored by Building Industry Partners (BIP), has acquired Buettner Brothers Lumber Company, expanding SBSI's footprint into Alabama and growing the platform to 11 LBM locations across the Southeast. The acquisition adds truss manufacturing capability and transitions Buettner employees into SBSI's employee equity ownership program.

SiteOne Landscape Supply completed the acquisition of Across the Pond, Inc., a wholesale distributor of hardscapes and bulk landscape materials with one location in Huntsville, Alabama. The deal expands SiteOne's product offering and presence in the Huntsville market and is the company's fourth acquisition in 2022.

Drum Capital Management completed the acquisition of Excel Interior Door, LLC on January 20, 2022, with New York-based Trident joining as an equity investor. Excel Door, a Hartselle, Alabama-based manufacturer of interior wooden doors with roughly 70+ employees, will continue to operate under Drum’s ownership to support growth in the home building products sector.

Indianapolis-based private equity firm CID Capital has partnered with Park Supply, a wholesale distributor of plumbing supplies with locations in Huntsville and Athens, Alabama. The transaction is a recapitalization that provides owner liquidity to founders Rusty Dinwiddie, Mark Stephens and Jimbo Saunders and positions Park Supply for growth with senior and subordinated financing provided by First Horizon Bank and Reinsurance Group of America.

The Marwin Company, a portfolio company backed by Validor Capital, has acquired HB&G Building Products, Inc., a Troy, Alabama-based manufacturer of specialty millwork and front porch columns. The acquisition expands Marwin's product offering and channels to market, strengthening its position in exterior building and outdoor living products.

Trachte Building Systems, an employee-owned manufacturer of pre-engineered steel structures based in Sun Prairie, Wisconsin, has acquired Roof Mart LLC, a Vernon, Alabama-based designer and manufacturer of metal roofing systems and wall panels. The acquisition gives Trachte a manufacturing facility in the Southeastern U.S., expands its fabrication capabilities, and broadens its access to new customers and end markets.

Premier Steel Doors and Frames has acquired MegaMet Industries, a Birmingham, Alabama-based manufacturer of specialty hollow metal doors (acoustic, blast-proof, ballistic and RF-shield). The deal, sourced and announced by OpenGate Capital, is an add-on to Premier within the S&G family of brands and expands Premier's product offering and capabilities across government, medical and commercial end markets; terms were not disclosed.

Cook & Boardman Group LLC, a portfolio company of Littlejohn & Co., has acquired Building Specialties, a Birmingham, Alabama-based distributor of commercial doors, hardware and systems integration services. Terms were not disclosed; owner Paul Caddell will continue to manage the business under Cook & Boardman's ownership as an add-on to the C&B platform.

Industrial Opportunity Partners' portfolio company Union Corrugating Company has acquired Oakland Metal Buildings. Oakland will operate as a plant location supporting the Union platform, increasing Union's manufacturing capacity and providing a foothold in the Alabama market; terms were not disclosed.