SRS Distribution Announces Expansion in Ohio and Kentucky With the Acquisition of Marsh Building Products, Inc.
SRS Distribution Inc. (“SRS”) announced today that it has acquired Marsh Building Products, Inc. (“Marsh” or the “Company”), a leading distributor of residential and commercial building products. Terms of the agreement were not disclosed.
Headquartered in Fort Thomas, Kentucky, Marsh was founded in 1989 by brothers Ken & Mike Middleton and is run today by Patrick McNickle (President). The Company operates out of 8 facilities across Ohio and Kentucky and currently employs a team of ~130 people. Patrick McNickle will continue to lead the Company’s dedicated team under the Marsh banner, ensuring continuity and consistency for customers, suppliers, and employees.
Dan Tinker, President and CEO of SRS, commented, “It is an honor to officially welcome Patrick and the rest of the Company’s loyal employees to the SRS family. Marsh has had an immense amount of success over the years thanks to its exceptional customer service and people-first mentality, making it a fantastic cultural fit with SRS. The Company adds considerable complementary product volume to our current footprint in the Midwest, which will enhance our ability to provide a one-stop-shop experience to both new and existing customers throughout the region.”
Ken & Mike Middleton, owners of the Company, commented, “We are excited to announce that Marsh is joining forces with SRS, one of the most dynamic and fastest growing companies in the building materials industry. This was a carefully considered and purposeful decision to protect our most important asset, our people, and ensure they were being entrusted to an organization that shares the same values as we do. Joining the SRS family of independent companies will create new opportunities for our team, customers, and vendors as we continue to accelerate our track record of sales and market share growth for years to come.”
About SRS Distribution
Founded in 2008 and headquartered in McKinney, Texas, SRS Distribution has grown to become one of the largest and fastest growing building products distributors in the United States. Since the Company’s inception, it has established a differentiated growth strategy and entrepreneurial culture that is focused on serving customers, partnering with suppliers, and attracting the industry’s best talent. SRS currently operates under a family of distinct local brands encompassing more than 700 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.