Higginbotham Brothers expands into Oklahoma
HBC acquires White’s Ace Building Center of Oklahoma.
Higginbotham Brothers & Company (HBC) announced that it has entered into a definitive agreement to acquire White’s Ace Building Center with locations in Shawnee and Seminole, Okla.
HBC operates around 40 hardware stores, lumberyards, and building centers spread throughout the state of Texas. This will be the first time HBC has operated stores outside of the Lone Star State.
But HBC noted that Oklahoma is a logical choice for expansion and the two locations in Oklahoma are a perfect fit to join the HBC family. Terms of the deal were not disclosed.
HBC’s been in an expansion mode over the past few years and is looking forward to continuing the growth of their organization with future acquisitions, as well as ground-up ventures in new under-served markets.
Higginbotham Brothers was founded in 1880 when J.M. Higginbotham and his family moved from Mississippi to Texas, and was later joined by his brothers.
HBC said that it is looking forward to carrying on the tradition set forth by White’s Ace to be an intricate and important part of the communities they serve. This includes serving pros and DIY customers.
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