SRS acquires Advanced Building Products
Roofing distribution holding company SRS Distribution announced that it is in the final stages of acquiring Advanced Building Products of Harahan, Louisiana.
With the acquisition, McKinney, Texas-based SRS will operate 149 locations in 38 stats.
Advanced is a regional independent distributor of roofing, siding, windows, gutters and related residential and commercial building products, supplies and services. The company is based in Harahan, Louisiana, and also operates locations in Baton Rouge, Lafayette and Lake Charles, Louisiana, as well as Huntsville, Alabama and Oklahoma City.
Advanced was founded in 1983 and currently employs a team of over 100 people. Advanced’s product mix includes all residential and commercial roofing products, vinyl siding, fiber cement siding, windows, gutters, columns and patio enclosures. Kris Anderson, the owner, and Advanced’s entire sales and operations team will be staying with the company to run the branches going forward. Anderson will serve as district manager for the state of Louisiana and report directly to John Bradberry, SVP Central Region. SRS will continue to operate Advanced’s locations in Louisiana under the Advanced Building Products name as a new stand-alone region. Over time, Advanced’s locations in Huntsville, Alabama and Oklahoma City, Oklahoma, will likely migrate to SRS’ existing brands in those markets.
Ron Ross, chairman and CEO of SRS Distribution, commented, "Kris has been a good friend of SRS for many years and his values and those of his employees are similar to ours, which makes our partnership a natural fit for both companies. A fellow member of the American Wholesale Distributor Alliance and a market leader across Louisiana, Advanced is a key component to SRS’ expansion plans in the Gulf Coast region. We are thrilled to partner with Kris and are honored to have the hard-working employees of Advanced join the SRS family.”