The latest acquisition is B & S Hardware & Lumber in Gilmer and Pittsburg, Texas. Founded in 1950, B & S Hardware & Lumber includes the third and fourth generations of Spearman family leadership. Brothers Steve and Tim Spearman have grown the business alongside Steve’s sons, Chad and Chet, and Tim’s wife Pam. With the completion of ownership transition to Nation’s Best, Steve will retire but the rest of the family will remain in operational roles in the two home centers.
“B & S Hardware & Lumber checks all the boxes in what we’re looking for in a partnership,” said Matt Lambert, regional vice president of Nation’s Best’s South-Central Region. “They have a solid, long-term foundation of visionary family leadership. They’re sizable, well-stocked stores with a strong product mix of hardware, lumber, and building materials tailored to their markets’ needs. They’re destination stores that are regularly refreshing the business to stay relevant for their many customers. We are excited to have them as part of the Nation’s Best family.”
The release announcing the deal included the following statement from the Spearmans: