Nation's Best acquires Cain Hardware & Lumber

The move gives the home improvement and building supplies retailer its 19th Texas location.

8/1/2023

As of Aug. 1, Nation's Best Holdings operated 49 locations in 14 states.

Nation’s Best has acquired Cain Hardware & Lumber located in Carthage, Texas.

The move pushes Nation’s Best to 19 locations in Texas.

Founded in 1974 alongside his father and his wife Penny, Paul Cain has grown the home center to become a one-stop destination for the area’s home improvement shoppers.

Cain’s offerings include a fully stocked lumberyard, a strong hardlines assortment, and the region’s largest paint store.

“We’re always looking to grow with best-in-class stores,” said Chris Miller, President and CEO of Nation’s Best. “When the Cains were looking to retire and transition the business, this was an easy decision for us. They’ve mastered the fundamentals of delivering an exceptional customer experience.”

The financial terms of the acquisition were not disclosed by Nation's Best Holdings.

Founded in 2019, Nation’s Best Holdings owns and operates 49 locations in 14 states as of Aug. 1. The fast-growing home improvement and building materials retailer has more than 1,125 associates.

Last month, Nation’s Best announced it had acquired B & S Hardware & Lumber with locations in Gilmer and Pittsburg, Texas

According to Miller, Cain Hardware & Lumber has tailored its product mix to what’s needed in the community and has maintained a great mix of in-demand items. “We’re proud to welcome Cain Hardware & Lumber to the Nation’s Best family.”

Nation’s Best will lease the property from the Cain family. Additional financial details were not disclosed.

As part of Nation’s Best’s strategy, Cain Hardware & Lumber will maintain operations under their existing name and retain the team overseeing company operations alongside Nation’s Best, which will provide the strategic and financial support necessary to drive optimal growth and profitability.

“We have thoroughly enjoyed serving our community,” Penny and Paul Cain said in a statement released by Nation’s Best. “And partnering with Nation’s Best allows us to pursue our retirement plans while knowing the store that we put our blood, sweat, and tears into over the years will be in great hands. They’re taking what we’ve built and will leverage their business strengths and operational best practices to make Cain Hardware & Lumber even better.”

Nation’s Best Holdings is based in Dallas, Texas.