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.
- Targets
- Wallace Building Supply
- Sellers
- Wallace Building Supply owners / Wallace family
- Platforms
- Southeast Building Supply Interests (SBSI)
- Industry
- Building Products
- Location
- Tennessee, United States
- Transaction Type
- Addon
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