SRS Announces Expansion in Michigan and Ohio
SRS Distribution Inc. (“SRS”) announced that it has acquired Wimsatt Building Materials (“Wimsatt” or the “Company”), a leading distributor of residential and commercial roofing, siding, windows & doors, and other related products with eight (8) locations across Michigan and Ohio. Terms of the agreement were not disclosed.
Headquartered in Wayne, Michigan, the Company was founded in 1936 by James Wimsatt and his brothers and is currently run by Bob Hoffman and his sons Rob Hoffman and Charlie Hoffman. Charlie Hoffman will continue to lead the Company’s dedicated team under the Wimsatt banner, ensuring continuity and consistency for customers, suppliers, and employees.
Dan Tinker, President and CEO of SRS Distribution, commented, “We could not be more excited to announce our new partnership with Wimsatt. The Company is the preeminent distributor in Michigan and one of the most respected independents in the industry. We have admired their business over the years and I am very excited for what we can now accomplish together.”
Bob Hoffman, the Company’s CEO and owner, commented, “My family and I have spent most of our lives building Wimsatt’s brand, reputation, and culture and I have always prided myself on being an independent distributor. As such, this was not a decision we took lightly. After contemplating the future and the legacy of the business, we concluded that now was the right time to find a new growth partner. We are confident that Wimsatt and its people will continue to prosper under SRS’ ownership.” Charlie Hoffman, the Company’s Vice President, added, “This transition is simply the next chapter in the long and storied history of Wimsatt. Our commitment to the highest level of customer service will remain unchanged and I have no doubt that we will have more opportunities to deliver on that commitment as part of the SRS family. I too am extremely excited for what the future holds with our two great companies working together.”
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 500 locations across 44 states. SRS Distribution is a portfolio company of Leonard Green & Partners, L.P. and Berkshire Partners LLC. For more information, visit www.srsdistribution.com.
Source: SRS Distribution, Inc.