Professional Builders Supply Acquires Majority Interest in SouthEnd Exteriors
Professional Builders Supply, LLC (“PBS”) announced that it has acquired a majority interest in SouthEnd Exteriors, Inc. (“SouthEnd”). Based in Charlotte, NC, SouthEnd provides turnkey siding and roofing installations to single family, residential builders throughout the Carolinas and Nashville, TN. Most recent annualized revenues for SouthEnd approximate 100 million.
PBS CEO Van Isley said: “Jamie Oliver and Ryan Roberts, the owners of SouthEnd, have built an impressive business that has followed a similar trajectory to Professional Builders Supply. Their approach is also very similar with a clear passion for providing a higher level of customer service and a desire to take care of their employees. Our cultures and core values align extremely well. We look forward to the added strength and entrepreneurial experience Jamie and Ryan bring to the PBS Management Team. SouthEnd’s processes and systems surrounding installed applications will strengthen PBS’ existing installed business and PBS’ breadth of resources will enable SouthEnd to continue its rapid growth trajectory. Additionally, SouthEnd’s footprint provides expansion opportunities for PBS’ core business. Isley went on to say: “We firmly believe that this new partnership makes us even stronger as a company enabling additional product diversification and it positions us to emerge from the current COVID-19 crisis with unconstrained momentum”. Oliver and Roberts will continue to lead and manage the operation under the SouthEnd Exteriors name.
“Aligning with a best-in-class building material supply company such as PBS is a huge step forward for SouthEnd,” said SouthEnd Exteriors President, Jamie Oliver. “PBS’ purchasing and inventory ability, along with distribution expertise, will create opportunities not only for our organization, but for our customers as well. We are excited to roll up our sleeves and get to work with the PBS team in this next level of strategic growth.”
About Professional Builders Supply, LLC
Professional Builders Supply (“PBS”) was founded in Raleigh, NC in 2003 and has grown rapidly since its inception winning numerous “fastest growing company” and “best places to work” awards from multiple sources. PBS currently sells and distributes residential building materials out of 10 facilities in the Carolinas and Georgia. The company currently employs 465 associates and annual revenues exceed $325 million.
About SouthEnd Exteriors, Inc.
SouthEnd Exteriors, LLC (“SouthEnd”), based in Charlotte, NC, was established in 2007 and has been listed on the Inc 5000 and named one of the Fastest Growing Privately Held Companies in Charlotte. They provide siding and roofing labor and material to single family builders throughout the Carolinas and Nashville, TN. The company employs 125 associates and annual revenues approximate $100 million.
Van Isley – CEO – firstname.lastname@example.org – (919) 380-3400
Source: Professional Builders Supply, LLC