Building Products Acquisitions in New Jersey

CRH has acquired North American Aggregates (NAA), a supplier of aggregates headquartered in Perth Amboy, New Jersey, expanding CRH Americas Materials' presence and aggregate reserves in the New York–New Jersey region. The acquisition integrates NAA's waterfront plant and processing capabilities into CRH's Tilcon NY operations to support long-term supply for construction and infrastructure customers.

Worthington Enterprises (NYSE: WOR) has acquired Elgen Manufacturing Company, a Closter, New Jersey-based maker of HVAC ductwork components, from private equity owner MFG Partners. The acquisition expands Worthington Enterprises’ building systems and components portfolio and is intended to accelerate Elgen’s ability to serve customers and support growth initiatives launched under MFG’s ownership.

Affiliates of Paceline Equity Partners have made a meaningful equity investment in Everflow Supplies, a national master distributor of plumbing, electrical, fire protection, and industrial products. The deal provides growth capital to accelerate Everflow's expansion and build on its distribution footprint; Everflow founder David Templer retains a meaningful stake and Andrew Pacifico was named CEO.

Door Pro America, a portfolio company of Rotunda Capital Partners, has acquired Liberty Door & Awning, a family-owned provider of residential and commercial door solutions headquartered in Forked River, New Jersey. The add-on expands Door Pro America's footprint in New Jersey, adds Liberty's two showrooms and product offerings (garage doors, awnings, shutters and entry doors), and supports continued regional growth.

Foundation Building Materials, a leading specialty building materials distributor, has acquired Unified Door & Hardware Group from Dunes Point Capital. Unified, headquartered in Pennsauken, New Jersey, is a value-add distributor of commercial doors and related hardware operating across 31 locations and serving commercial, multi-family, healthcare, government and other end markets. The transaction adds Unified's locations and product capabilities to Foundation's family of brands.

Beacon (Nasdaq: BECN) has completed the acquisition of Passaic Metal and Building Supplies Co. (PAMPCO), a family-owned metal, roofing and siding distributor and fabricator headquartered in Clifton, New Jersey. The deal adds PAMPCO's six branches (five in New Jersey and one in upstate New York) to Beacon's network and is intended to expand Beacon's footprint and metal solutions capabilities.

Great Day Improvements has acquired ELM Home & Building Solutions, bringing the LeafGuard and Englert brands into its direct-to-consumer home improvement portfolio. Littlejohn & Co. provided a minority preferred equity investment to support the transaction, while Audax Private Equity exited its investment in ELM.

Unified Door & Hardware Group, a portfolio company of Dunes Point Capital, has acquired Door Supply of N.J., a Windsor, New Jersey-based value-add distributor of doors, frames and hardware. The acquisition expands Unified’s distribution footprint and product offering for commercial, education and other institutional end markets as part of its platform growth under Dunes Point Capital’s ownership.

Bradbury Concrete LLC acquired Intelligent Construction Concepts, Inc., a Sicklerville, New Jersey-based specialty precast concrete company. Terms were not disclosed; Everingham & Kerr acted as exclusive financial advisor to Intelligent Construction Concepts.

Provariant Equity Partners completed a recapitalization of Smart Vent, with participation from Kaulig Capital and in partnership with Smart Vent owners Mike Graham and Tom Little. Smart Vent and its affiliate Floodproofing.com are providers of flood mitigation and prevention products serving residential, commercial, and municipal markets; the investment will support growth and expand weather-mitigation offerings.

Aldine Capital Partners provided a subordinated note and equity investment alongside Provariant Equity Partners in Smart Vent Holdings LLC, a Mount Royal, New Jersey-based manufacturer of engineered flood mitigation products. The capital infusion is a growth-oriented financing to support Smart Vent’s manufacturing and floodproofing services across residential, commercial and municipal markets.

Funds advised by SK Capital Partners, LP have acquired Isolatek International, a market-leading manufacturer and supplier of passive fireproofing technologies based in Stanhope, New Jersey. Terms were not disclosed; debt financing was provided by Bank of America and SK Capital said it will leverage its specialty materials expertise and portfolio to drive Isolatek's next phase of growth.

Athenia Mason Supply, Inc. (AMS) has acquired G. W. Lippincott, Inc., a long-standing masonry and hardscape supplier based in Mount Holly, New Jersey. Terms were not disclosed; Everingham & Kerr acted as exclusive financial advisor to Lippincott.

Trueform Concrete, part of the Renovation Brands platform (a portfolio company of Comvest Partners), has acquired JM Lifestyles, a Randolph, New Jersey-based maker of decorative and wood-like concrete surfaces. The add-on expands Renovation Brands' decorative concrete capabilities, adding production capacity, new product and design capabilities, and artisanal craftsmanship to the Trueform Concrete / Blendhouse businesses.

Daikin Comfort Technologies North America, Inc. closed the acquisition of CCOM Group, Inc. and its subsidiaries for $2.71 per share, making CCOM a wholly owned business unit while it continues to operate from its Hawthorne, New Jersey headquarters. The purchase expands Daikin's distribution footprint and product availability across 15 CCOM locations in New Jersey, New York and Massachusetts, supporting Daikin's FUSION 25 strategy to grow HVAC presence in North America.

Installed Building Products, Inc. (IBP) has acquired Central Aluminum Supply Corporation and Central Aluminum Supply of North Jersey, LLC (CAS), a Trenton, New Jersey-based distributor of gutter supplies and accessories. CAS generates approximately $45 million of annual distribution revenue and the acquisition expands IBP's footprint and product offering in the U.S. Northeast and Mid-Atlantic.

Kendell, a portfolio company of Keystone Capital Management, has acquired Craftmaster Hardware, an aftermarket door hardware and security distributor based in Northvale, New Jersey. The deal is an add-on to Kendell’s platform, expanding its distribution footprint and product capabilities in door and security hardware.

Eastern Wholesale Fence, a portfolio company of Center Rock Capital Partners, has acquired South Camden Iron Works, a nearly 100-year-old family-owned fence and railing manufacturer and distributor based in Mickleton, New Jersey. The acquisition is an add-on to Eastern's platform intended to expand its East Coast footprint and product offering for professional fence installers, landscapers, and contractors.

Salt Creek Capital made an equity investment in Essex Coatings + Finishing, a New Jersey-based finisher, wholesaler, and distributor of premium custom private-label hardwood flooring. Salt Creek placed two executive partners (CEO and CFO) into Essex's management team while founder Josh Feuer remains president and a substantial equity holder; the capital will be used to accelerate growth, expand distribution and product capabilities.

Oldcastle APG, a CRH company, acquired the recycling and mulch operations of South Jersey Agriculture Products (SJAP) in December 2021. The deal expands Oldcastle APG’s manufacturing capacity and market presence in the Mid-Atlantic lawn & garden category by adding recycled-material mulch and soil production capabilities.

Oldcastle APG, a CRH company, acquired EP Henry, a family-owned manufacturer of hardscape and masonry products based in the U.S. Mid-Atlantic. The acquisition adds EP Henry's paver, retaining wall and wet-cast manufacturing and distribution capabilities to Oldcastle APG's building-products portfolio.

Renovation Brands, a home-improvement eCommerce platform owned by Digital Fuel Capital, has acquired artisanal decorative concrete makers Trueform Concrete and its sister company Blendhouse. The add-on transaction brings Trueform and Blendhouse’s GFRC and custom concrete products and materials into Renovation Brands’ portfolio to expand its decorative surfaces offering and serve architects, designers and high-end residential and commercial customers.

Lynx Equity Limited has acquired Shehadi Commercial Flooring, a fourth-generation Fairfield, New Jersey-based commercial and residential flooring company. The acquisition is an add-on to Lynx's Lynx Flooring Portfolio (LFP) and is intended to bolster portfolio synergies and expand the LFP's reach on the U.S. East Coast.

Outdoor Living Supply (OLS), a hardscapes-focused distribution platform backed by Trilantic North America, has acquired Geo. Schofield Co., Inc., a leading East Coast natural stone and landscape-products distributor. The deal — OLS's first acquisition since launching in late 2020 — adds nine wholesale distribution centers, five production/fabrication facilities and transportation capabilities across multiple states to the OLS platform and aims to strengthen Schofield's sales and distribution while supporting geographic expansion.

US LBM has acquired Tri-County Building Supplies, a regional building materials distributor in southern New Jersey. Tri-County — founded in 1964 and operating multiple locations including a 14-acre flagship in Pleasantville with a 60,000 sq. ft. warehouse and showroom — will operate as part of US LBM’s Universal Supply Company; the JIAN Group acted as financial advisor to Tri-County.

U.S. LUMBER GROUP LLC, a wholly owned subsidiary of Specialty Building Products, LLC, has acquired Mid-State Lumber Corp., a regional wholesaler of building materials. The deal preserves Mid-State's brand and leadership and expands U.S. LUMBER/Specialty Building Products' product offering and geographic footprint across the Mid-Atlantic and New England.

Unified Door and Hardware Group, a portfolio company of Dunes Point Capital, has acquired Joffe Lumber & Supply Co., a Vineland, New Jersey–based distributor of doors, frames and hardware. The deal is an add-on acquisition that expands Unified's distributor footprint and product capabilities in the building products market.

Installed Building Products, Inc. (IBP) has acquired Storm Master Gutters, a Cherry Hill, New Jersey-based provider of gutter installation services. The acquisition (Storm Master has ~ $20M in annual revenue) expands IBP's footprint across the Northeast, Mid-Atlantic and Southeastern U.S. and adds complementary residential and multi-family capabilities.

Builders General Supply Company (BGS) acquired Direct Millwork (DM) of Washington, New Jersey, effective January 31, 2020. DM will become a subsidiary of BGS, with the deal intended to complement BGS's millwork and door shop operations, expand product offerings, and broaden customer reach across New Jersey and the Lehigh Valley.

Officeworks, a Teknion contract furniture dealer, has acquired General Office Interiors (GOI) to expand its service footprint into northern New Jersey. The acquisition makes Officeworks the only contract furniture-focused dealer with locations across Boston, New York, Philadelphia, Washington D.C. and New Jersey, and brings GOI employees into Officeworks' team.

SiteOne Landscape Supply (SITE) has acquired Empire Supplies, Inc., a three-location distributor of hardscapes and landscape supplies serving the greater Newark–Union, New Jersey metro. The deal expands SiteOne's hardscapes and landscape supply presence in an attractive U.S. market and strengthens its service offering for landscape professionals.

Sound Seal, a portfolio company of The Stephens Group, has acquired Flemington, New Jersey-based Acoustical & Tackable Surfaces, Inc. (ATS). The add-on strengthens Sound Seal’s architectural division by adding ATS’s acoustical wall and ceiling panel manufacturing and installation capabilities, with ATS founder Scott Randolph joining Sound Seal in a business development role.

Dunes Point Capital (DPC) has made a controlling equity investment in Unified Door and Hardware Group, a value-add distributor of doors and hardware headquartered in Pennsauken, New Jersey. Dunes Point Capital Fund II provided the controlling equity while debt financing was provided by funds managed or advised by GSO Capital Partners LP and M&T Bank; Unified operates 15 locations across 10 states and employs approximately 500 people.

Garland Industries Inc. has acquired Merchant & Evans Inc., a long-established manufacturer of ZIP-RIB metal roof systems. The acquisition adds Merchant & Evans’ metal roofing product line and manufacturing capability to Garland’s building-products portfolio to strengthen its metal solutions and support future product development.

Chicago-based private investment firm Ashland Capital Partners has acquired Boccella Precast, LLC, a Berlin, New Jersey–based manufacturer of precast concrete products that serves the New York metro Tri-State area. Terms were not disclosed; the acquisition gives Ashland a controlling interest in the company with the intent to grow and strengthen Boccella's operations in the building-products / construction markets.