US LBM acquires Maner Builders Supply
US LBM Holdings, LLC reported that it has acquired Maner Builders Supply.
Maner Builders Supply operates locations in Augusta, Ga. along with Aiken and Charleston, S.C. Following the acquisition, US LBM now operates 22 locations across the Carolinas and Georgia.
Founded in 1951 by W.A. Maner and three associates in Augusta, Maner Builders Supply distributes an expansive line of specialty building products, including engineered lumber, wallboard, roofing, siding, decking, installed fencing, custom glass, windows, doors, and other materials. The dealer’s customers include professional home builders, contractors, and commercial builders.
Frank Chandler will remain with the company and lead Maner’s day-to-day operations as president. Terms of the deal were not disclosed.
“Maner Builders Supply is a market leader with a tremendous team and reputation for excellence, and we are excited to welcome them to US LBM,” said US LBM President and CEO L.T. Gibson. “The addition of Maner expands our portfolio and reach in the Southeast, an important market for US LBM, and the company’s diverse mix of products and services complements our existing network of specialty building materials distributors in the region.”
Maner Builders Supply was advised by Heritage Capital Group.
Based in Buffalo Grove, Ill., US LBM operates more than 250 locations nationwide under a collection of banners.