Southeast Building Supply Interests (SBSI) Acquires Wallace Building Supply

June 14, 2022

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.

Buyers
Southeast Building Supply Interests (SBSI), Building Industry Partners (BIP)
Targets
Wallace Building Supply
Sellers
Wallace Building Supply owners / Wallace family
Platforms
Southeast Building Supply Interests (SBSI)
Location
Tennessee, United States
Transaction Type
Addon

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