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ProBuild
Carolyn Atkinson
Director of Marketing and Communications
303-262-8350
ProBuild Acquires Jasper Lumber Company
Company adds more Atlanta locations to recently announced HD Supply’s LBM Acquisition
Denver, CO (February 5, 2008) – ProBuild Holdings, the nation’s largest supplier of building materials to professional contractors, announced today that it has finalized the purchase of North Atlanta – based Jasper Lumber Company. Terms of the sale were not disclosed.
The Jasper purchase follows closely on the heels of ProBuild’s acquisition of HD Supply’s Lumber and Building Material business which operates as Williams Brothers Lumber in Atlanta. The combination of both acquisitions position ProBuild as the preeminent player in the #2 market in the nation in terms of building permits.
Jasper Lumber is comprised of a lumber yard, truss and millwork manufacturing facility located in Kennesaw and a lumber distribution business located in Cumming. Both facilities have built a solid reputation for having strong management and exceptional service to area builders and contractors.
“Jasper Lumber is an outstanding, well-run operation,” said Jim Cavanaugh, ProBuild South region president. “This acquisition, along with the previously announced acquisition of HD Supply’s LBM operation, positions us well to serve all segments of the Atlanta market.”
“We are very excited about the opportunity to join the ProBuild family of companies as we see substantial opportunities for our team members,” said Bill Adams, Jasper Lumber Owner. “The cultural fit between ProBuild and Jasper provides us every chance to succeed as we pursue a combined business model.”
Over the past year, ProBuild pursued a very aggressive acquisition strategy that has yielded 12 purchases, broadening its national network of distribution and manufacturing facilities.
About Jasper Lumber Company
Founded in 1947 in Jasper, Georgia, the company relocated to the Atlanta area in 1963. Second and third generation operators Bill Adams and son Keith have built a long standing reputation of superior customer service and professionalism with builders in the Atlanta area.
About ProBuild
ProBuild Holdings is the nation’s largest supplier of building materials to professional contractors. ProBuild currently operates more than 520 lumber and building product distribution, manufacturing and assembly centers in 41 U.S. states.
ProBuild sells a broad selection of building materials including lumber and plywood, engineered wood, gypsum wallboard and other drywall products, millwork, trusses, roofing, siding products, insulation materials, metal specialties, hardware and tools. The company’s manufacturing activities include trusses, wall panels, millwork, and pre-hung door and window fabrication. Construction services include framing and installation of other products.
To learn more about ProBuild, visit their website at www.probuild.com.
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