Building Products Acquisitions in Tennessee

Transom Capital Group, a Los Angeles–based private equity firm, completed the acquisition of Binswanger Glass, a leading full-service flat glass company headquartered in Memphis, Tennessee. The deal will provide Binswanger with new capital and Transom's operational resources to accelerate the company's transformation, expand service capabilities, and drive growth across its 42 locations in 11 states.

LumEfficient Lighting Corporation, a Brentwood, Tennessee-based maker of industrial LED lighting, was sold by founder Randy Reid to an individual investor affiliated with Noble Venture Partners. The transaction closed on September 17, 2025 and was advised by Generational Group; the buyer intends to expand LumEfficient’s presence in hazardous-location and industrial markets.

US LBM has acquired Walker Lumber & Supply, a Nashville-based building products distributor founded in 1949. The acquisition gives US LBM its first Tennessee location and expands its presence in the Southeast; Walker Lumber's owners Ray Hayles and Scott McMillan will continue to run day-to-day operations. QS Capital Advisors served as Walker's exclusive financial advisor.

VP Supply Corp, a Rochester, New York-based plumbing and building products distributor, has acquired Exterior Wholesale Supply, LLC (EWS), a Smyrna, Tennessee-based value-add distributor of building products and installation services. Madison Street Capital served as exclusive advisor to EWS; financial terms were not disclosed. The acquisition expands VP Supply's geographic footprint and service capabilities into the Middle Tennessee market.

Winsupply, Inc. acquired Meter Service & Supply Co., Inc., a Memphis-based supplier of gas, water, electrical and sewer products, with the transaction closing on May 20, 2024. The deal expands Winsupply's waterworks presence in the Memphis market; Meter Service's current president Jerry Deming will remain in a management capacity while Casey Belew will assume the president role.

Artisan Custom Closets, a Marietta, Georgia-based custom storage and closet company, has acquired Chattanooga Closet Company, a regional provider of custom design and installation services in Chattanooga, Tennessee. The deal expands Artisan's footprint in Tennessee and strengthens its presence across the Southeastern United States.

Georgia Metals, a portfolio company of CID Capital, acquired Watson Metals, a Manchester, Tennessee-based provider of metal roofing, pole barns, and pre-engineered steel buildings. The transaction, advised by Generational Capital Markets, closed on February 5, 2024; the deal expands Georgia Metals' footprint and product offering in the Southern U.S.

Outdoor Living Supply (OLS), a Trilantic North America–backed distribution platform for outdoor living and hardscape products, has acquired The Rock Place, a full-service distributor of hardscape, natural and manufactured stone, porcelain and landscape products. The deal adds four strategic locations in the greater Nashville / middle Tennessee market and keeps Lee Marbet in a regional leadership role as the Marbet family exits ownership.

Pearlman Group, a specialty distributor and portfolio company of The Stephens Group, acquired Power Rental & Sales, a Nashville-based distributor and rental provider of decorative concrete supplies and equipment. The transaction, an add-on to Pearlman Group’s platform, closed on December 14, 2023 and positions Pearlman to expand its decorative and commercial concrete product and rental offerings.

O'Donnell Metal Deck, a Slate Capital Group-backed distributor, has acquired Metal Deck Direct, a Lenoir City, Tennessee-based metal deck and bar joist distributor. The add-on expands O'Donnell's national footprint, strengthening its presence in the Southeast and Mid-South and bringing Metal Deck Direct's regional customer relationships and operations into the O'Donnell platform.

AHF Products, a portfolio company of Paceline Equity Partners, has acquired Crossville, Inc., a U.S. porcelain tile manufacturer headquartered in Crossville, Tennessee, from the Curran Group. The add-on expands AHF's hard-surface product offering into porcelain and tile manufacturing to enhance its design and manufacturing capabilities and better serve residential and commercial customers; terms were not disclosed.

Armada Materials, a Tampa-based infrastructure materials platform led by Rob Duke and backed by Kelso & Company, has acquired Volunteer Materials and affiliated operating companies in Lewisburg, Tennessee. Volunteer is a vertically integrated producer of aggregates, asphalt and ready-mix concrete and a provider of road paving and striping services; the deal is Armada's first platform acquisition to support regional expansion along the I-65 corridor south of Nashville.

Marquis Industries, a subsidiary of Live Ventures Incorporated, acquired the Harris Flooring Group brands (Harris, Kraus, Naturally Aged Flooring and Heritage Mill Wood Flooring) from Q.E.P. Co., Inc. on September 20, 2023 for approximately $10 million. The deal includes inventory and the book of business, and Marquis intends to retain substantially all Harris Flooring Group employees and sales representatives, effectively doubling Marquis' salesforce and expanding its flooring manufacturing portfolio.

Southeast Building Supply Interests (SBSI), a platform backed by Building Industry Partners (BIP), has acquired Wallace Building Supply, expanding SBSI's footprint into Clarksville, Tennessee and growing the platform to nine LBM locations across the Southeast. As part of the transaction, Wallace employees will participate in SBSI's employee equity ownership program and Wallace leadership will remain in place.

Gryphon Investors has acquired Ed's Supply Company, a Nashville-based wholesale HVAC/R distributor with 19 locations across Arkansas, Georgia, Kentucky and Tennessee, and will operate it as an independent division of its Heritage Distribution Holdings platform. Financial terms were not disclosed; the existing management team will remain in place with former president Steve Byram becoming an advisor and Tucker Byram named President. The deal expands Heritage Distribution Holdings' multi-region HVAC/R footprint in the Southeast.

Ambassador Supply, an affiliate of Ambassador Enterprises, has acquired Orgain Building Supply, a 100-year-old building supply company based in Clarksville, Tennessee. The transaction is an add-on to Ambassador Supply’s building materials platform and is intended to expand geographic reach and augment the platform’s product and service offerings while retaining Orgain’s employees.

Houston-based FABco, a portfolio company of Argonaut Private Equity, has acquired Volunteer Rebar, a Nashville-based rebar fabrication and construction products provider. The deal is an add-on acquisition that expands FABco's footprint and service coverage in the growing Nashville/Tennessee market.

Sunbelt Rentals, the U.S. subsidiary of Ashtead Group PLC, has acquired Mahaffey USA, a Memphis-based provider of temporary and semi-permanent commercial and industrial fabric structures. Mahaffey will retain its leadership team and Memphis support center as it integrates with Sunbelt's rental network to expand product capabilities and pursue growth opportunities across industrial, government and healthcare end markets.

Beacon Roofing Supply (Nasdaq: BECN) acquired Crabtree Siding and Supply, a Cookeville, Tennessee-based wholesale distributor of residential exterior building materials, effective January 1, 2022. Crabtree generated approximately $1 million in annual sales; Beacon said the acquisition will expand its presence in Tennessee, particularly the market between Nashville and Knoxville.

Installed Building Products, Inc. (NYSE: IBP) acquired CFI Insulation, Inc., a Knoxville, Tennessee-based installer of fiberglass and spray foam insulation. The acquisition (CFI reported ~ $10 million of annual revenue) expands IBP’s footprint in Tennessee and its presence in residential, multifamily and commercial construction end markets.

Heritage Pool Supply Group, a subsidiary of SRS Distribution, acquired Pool Contractors Supply, Inc. (PCS), a Memphis-based wholesale distributor of pool and spa products, with the transaction completed on October 8, 2021. PCS leadership (Ed Flemmons and Sam Rogers) will remain in place as Heritage expands its footprint into the Midsouth market.

Fencing Supply Group (FSG), a platform backed by The Sterling Group, has acquired Capitol Wholesale Fence Company, a full-service fencing supplier based in Nashville, Tennessee with more than 80 employees and multiple regional branches. The deal is the seventh add-on for the FSG platform and expands its distribution and manufacturing footprint across the southeastern United States.

US LBM, a Bain Capital portfolio company and national distributor of specialty building materials, has acquired Junior's Building Materials. FourBridges Capital Advisors acted as exclusive financial advisor to the family-owned Junior's, which was founded in 1991 in Chattanooga, Tennessee; founder Otto "Junior" Boehm Jr. will continue to lead day-to-day operations. The deal expands US LBM's footprint in the Mid-Atlantic/Southeast as an add-on to its national platform.

Hyperion Capital Partners completed the acquisition of United Cabinet Company, LLC (dba Kabinart) from the Murray family. Kabinart, a Nashville-based manufacturer of premium semi-custom and custom cabinets for the high-end residential market, will remain under existing management with financing provided by Oxer Capital and Salem Investment Partners.

Atar Capital has completed the acquisition of Universal Lighting Technologies and Douglas Lighting Controls from Panasonic Corporation and will combine the businesses under the name Universal Douglas Lighting Americas, Inc. The transaction brings together LED lighting manufacturing and advanced lighting control capabilities to create an integrated commercial lighting platform focused on connected lighting and IoT-enabled solutions; financial terms were not disclosed.