Stock Building Supply acquires TBSG in Atlanta
Raleigh, N.C.-based Stock Building Supply acquired Total Building Services Group, an Atlanta supplier of structural components and architectural millwork.
Terms of the sale were not disclosed.
“Atlanta is an important market for our company, and we are excited to welcome TBSG to the Stock family. Our Atlanta business is performing very well, and this acquisition increases our capability to provide our customers value-added solutions and services,” said Jeff Rea, Stock president and CEO. “We have immediately invested to increase capacity at TBSG to support the growth of our customers and are thrilled to welcome the TBSG associates to the Stock team.”
Bill Poston, the former owner of TBSG and CEO of Traton Homes, will stay on as an adviser.
Stock Building Supply, which operates in 19 markets, is owned by The Gores Group, a Los Angeles-based investment firm.