SRS Distribution had record greenfield openings in 2023

SRS Distribution revealed that 2023 included 22 greenfield openings for the building products distributor.

The McKinney, Texas-based roofing and building products distributor said The new branches, in numerous states, reflect its continued focus on expanding the company’s footprint across the country. 

Founded in 2008, SRS Distribution has grown to more than 750 locations in 46 states.

In a press release, SRS said, “With a balanced mix of ‘in-fill’ market and new MSA locations, this latest group of greenfields will allow SRS to enhance service to existing customers, while providing access to new markets.”

SRS added that greenfields will continue to play an integral role in the company’s path to building “the strongest national network of independent distributors in the industry.”

The total of new openings in 2023 is also a company record. In 2022, SRS opened 20 greenfield branches.

“Despite headwinds from a rising interest rate environment and other macroeconomic factors, SRS had an outstanding year thanks to the remarkable efforts of our dedicated family of employees,” said Dan Tinker, president and CEO of SRS Distribution. “Looking forward to 2024, we expect to continue our trajectory of success through organic growth, strategic acquisitions, and new greenfield locations in key markets across the country." 

The Texas company also made numerous acquisitions in 2023, including the purchase of Marsh Building Products, Washoe Building Supply, Sunniland Corporation, and Rock Materials.

SRS Distribution is a portfolio company of Leonard Green & Partners, L.P. and Berkshire Partners LLC.