American Construction Source acquired Homewood Holdings to enhance its market presence and operational capabilities in the building materials distribution sector.

Information on the Target

Homewood Holdings, founded in early 2016 by industry veteran Jim Stockman and BIP, has cemented its position as a significant player in the building materials sector. The company opened its inaugural investment with Homewood Building Supply, a professional dealer located in greater Sacramento, California. Over a period of approximately four years, Homewood Holdings achieved remarkable growth, boasting nearly a fivefold increase in sales, a more than threefold uptick in employee count, and successfully executing seven strategic add-on acquisitions.

As of the sale, Homewood Holdings had expanded its portfolio to include five operating companies across eight facilities situated in California, Washington, and Arizona. This significant expansion underscores Homewood's commitment to enhancing its market footprint and delivering exceptional value to its customers.

Industry Overview

The building materials distribution industry, particularly within the United States, has experienced substantial growth as demand for construction and renovation projects has surged. Factors contributing to this growth include rising real