This acquisition gives R.P. Lumber its 5th location in Iowa.
R.P. Lumber now operates 84 locations in five states.
R.P. Lumber Co. continues to grow its Iowa footprint and announced that it has acquired Southwest Builder Supply in Mount Ayr.
The move gives R.P. Lumber Co. its 84th hardware and building materials retail location and its 5th Iowa location.
“Joe and Debbie Murphy and their team at Southwest Builder Supply have been serving Southwest and Central Iowa for decades,” said Robert Plummer, president and CEO of R.P. Lumber “It is our privilege to honor that legacy by seamlessly continuing to serve the region and earn the respect of our customers for many years to come.”
R.P. Lumber opened its first location in Staunton, IL in 1977, and now - based in Edwardsville, IL – the company has continued to grow throughout the states of Illinois, Missouri, Wyoming, Iowa, and Wisconsin.
“While certainly unique in its own right, Mount Ayr shares many similarities to the communities we currently serve,” Plummer noted. “We have a 45-year history of delivering our “Best Service. Best Value.” promise to both homeowners and pro contractors in dozens of similar Midwestern communities, and we look forward to doing the same in Ringgold County.”
The owners of Southwest Builder Supply have operated Southwest Builder Supply and other local businesses for decades, R.P. Lumber said.
“In searching for the right partner to take over our operation, we knew we wanted a well-established family-owned business that would continue to value and maintain the relationships we’ve built over the years,” said Joe Murphy.
“When R.P. Lumber joined the conversation, we felt an immediate kinship and reassuring sense of trust,” added Debbie Murphy.
The transaction will close on Sept. 16 and the store will begin operating as R.P. Lumber on Sept. 17. The Southwest Builder Supply team will continue on with R.P. Lumber and the company will look to recruit additional staff and expand its service offerings in the community.
The financial terms of the acquisition were not disclosed.
R.P. Lumber has grown to a physical presence in 84 locations throughout Illinois, Missouri, Wyoming, Iowa, and Wisconsin. The company also operates two truss manufacturing facilities and a robust ecommerce platform offering nearly 100,000 items.
Additionally, the company also operates its wholly-owned subsidiary, R.P. Home & Harvest, with 22 farm and home lifestyle stores across Illinois, Wisconsin, Indiana, and Ohio.