SRS Expands Presence in Midwest through Acquisition of Arrowhead Building Supply
SRS Distribution Inc. (“SRS”) announced that it has acquired Arrowhead Building Supply (“Arrowhead” or the “Company”), a distributor of residential and commercial roofing, siding, and other related products. Terms of the agreement were not disclosed.
PR ArrowheadHeadquartered in St. Peters, Missouri, Arrowhead was founded in 1997 by Steve Schulte, Jerry Pogue, and Larry Saxe and is still run today by Jerry and Larry. The Company operates a network of five (5) locations across Missouri and Arkansas and employs a team of ~130 people. Larry and Bobby Nichols, Arrowhead’s general manager, will continue to lead the Company’s dedicated employee base under the Arrowhead banner, ensuring continuity and consistency for customers, suppliers, and employees.
Dan Tinker, President and CEO of SRS Distribution, commented, “We are thrilled to announce our new partnership with Arrowhead Building Supply. We have been friends for years and have developed an immense amount of respect for the way Arrowhead does business. The Company is one of the largest independent roofing distributors in the Midwest, and its high shingle volume and complementary footprint will make an excellent addition to our footprint in the region. We are honored the Pogue family has entrusted their company and people to the SRS family, and we hope to build upon their outstanding legacy for years to come.”
Jerry & Rick Pogue, Shareholders of Arrowhead Building Supply, commented “Over the past 25 years, Arrowhead has thrived thanks to its family atmosphere supported by strong relationships and exemplary customer service. Our people are the heart and soul of the business, and we firmly believe SRS will take excellent care of our team and reputation while continuing the success of Arrowhead for years to come. We are truly excited to see what the future holds for Arrowhead as the newest member of the SRS family of companies.”
About SRS Distribution
Founded in 2008 and headquartered in McKinney, TX, SRS has grown to become one of the largest and fastest growing building products distributors in the United States. Since our inception, we have established a differentiated growth strategy and entrepreneurial culture that is focused on serving our customers, partnering with our suppliers, and attracting the industry’s best talent. We currently operate under a family of distinct local brands encompassing more than 450 locations across 43 states. SRS Distribution is a portfolio company of Leonard Green & Partners, L.P. and Berkshire Partners LLC.
Source: SRS Distribution, Inc.