Eldredge Lumber & Hardware is headquartered in York, Maine and operates a number of banners in the state. In addition to Eldredge Lumber, the company’s banners include Atlantic Design Center, Kittery Ace Hardware, Eldredge Kitchen & Bath, Marvin Design Center, and Eldredge Bros. Fly Shop with a focus on fishing gear and accessories.
A third-generation dealer, Eldredge has grown into a regional leader for suppling building materials and home supplies. The company offers a comprehensive portfolio of building and hardware products, including windows, doors, millwork, wallboard, roofing, siding, engineered components, cabinetry and hardware,
The transaction was lead by Peloton Advisory LLC who proactively identified a strategic partner that would value the market position, support knowledgeable, long-term employees and bring added resources and products to Selectwood’s professional contractor customer base while allowing the founders to exit the business.
Financial terms of the deal were not disclosed.