U.S. LBM Acquires Blevins Building Supply
Company Press Release
U.S. LBM Holdings, LLC (“U.S. LBM”), a leading distributor of specialty building products in the United States, has acquired Blevins Building Supply, a building materials distributor with five locations in western North Carolina and one in southern Virginia.
Founded in 1946 by Quincy and Wayne Blevins, Blevins Building Supply is a provider of specialty building materials, including roofing, cabinetry, windows, appliances, insulation and paint, to professional customers and homeowners in North Carolina and southern Virginia. With this acquisition, U.S. LBM expands its presence in the rapidly growing North Carolina market and adds the company’s first location in Virginia.
Blevins Building Supply will continue to operate under the Blevins name as a unit of U.S. LBM’s Parker’s Building Supply, which has 25 locations in Texas and California. Third generation owner Bill Blevins, who has led the company for more than 60 years, will continue with Blevins in an advisory role, with General Manager Randy Miller leading day-to-day operations. Blevins will also continue its relationship with Do it Best, the second-largest home improvement co-op in the building products industry. U.S. LBM is one of the largest Do it Best dealers in the country.
“Parker’s and Blevins have complementary operating models and share the same principles of providing superior customer service and a wide catalog of products to both do-it-yourselfers and building professionals,” said Parker’s Building Supply President Chris Rivers. “We’re pleased to welcome the Blevins team to the Parker’s family and the greater U.S. LBM network.”
U.S. LBM was advised by Honigman Miller Schwartz and Cohn LLP. Blevins was advised by Dragonfly Capital and Bishop Dulaney Joyner & Abner, P.A.
Source: U.S. LBM Holdings, LLC