Nation’s Best rises in Texas
A new, acquisition-oriented company adds Groom & Sons to its portfolio.
Nation’s Best, a growth-oriented collection of hardware stores and home centers founded last year by former Parker’s Building Supply President Chris Miller, has added to its family.
The company acquired Groom & Sons’, a three-location hardware and building supply dealer with locations in East Dallas, Mabank and Athens, Texas. Nation’s Best also owns Lambert Lumber and Home Center, based in Broken Bow, Oklahoma.
“With an exceptional history of serving the North Texas and Southeast Oklahoma markets, we are pleased to welcome Groom & Sons’ and Lambert Lumber into our family of companies,” said Chris Miller, President & CEO of Nation’s Best. “Their loyal customer base, customer service focus and sophisticated leadership teams make these companies attractive additions to our portfolio and a perfect fit with our overall business model and vision.”
Supported by over 130 associates serving these four combined locations, Groom & Sons’ and Lambert Lumber offer a variety of hardlines and building materials to an established and diverse customer base of homebuilders, contractors, and do-it-yourselfers. According to the announcement, Groom & Sons’ and Lambert Lumber will continue to operate under their existing brands with their current leadership teams. They will benefit from Nation’s Best through strategic and financial resources necessary to support their continued profitable growth.
Nation’s Best says it is committed to identifying and acquiring best-in-class independent home improvement stores across the United States to ensure their continued relevance as vibrant community resources.
That sentiment is echoed by Lambert Lumber’s Mike Lambert. “We look forward to leveraging the best-in-class business practices and economies of scale provided by Nation’s Best to build on our success in the coming years,” he said.
Nation’s Best is a member-owner of Do it Best Corp.
Anchor Peabody Advisory Services, LLC served as a financial advisor to Nation’s Best, providing due diligence and transaction execution support.
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