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SRS Distribution expands in Nebraska, South Dakota

4/30/2018
SRS Distribution has acquired Contractors Siding, Windows & Roofing Supply, a family-owned distributor of residential roofing, siding, windows.

Contractors siding operates locations in Omaha, Lincoln, Grand Island, and South Sioux City, Neb., and Sioux Falls, S.D.  Terms of the acquisition were not disclosed.

Based in Omaha, Contractors was founded in 1977 and currently employs a team of more than 40 people. The company covers a primary market of Nebraska, Iowa, and South Dakota – serving professional contractors, local homebuilders, home improvement contractors, and remodelers.

“Contractors is an ideal addition to our Midwest region and allows us to expand our service platform and product offering across Nebraska and beyond,” said Dan Tinker, president and CEO of SRS Distribution. “This acquisition also marks the entrance into our 42nd state (South Dakota), which is another key milestone for SRS.”

Darren Brewer, president of Contractors Siding, Windows & Roofing Supply, added, “I am excited to be able to accelerate our growth by teaming up with SRS.  SRS plans to invest heavily in our business as we join forces and continue to bring our loyal and supportive customers the products they need to grow and expand their businesses. This partnership affords us a terrific and unique opportunity to strengthen and expand our position in the marketplace, while also preserving the Contractors’ identity and legacy – a true win-win.”

Headquartered in McKinney, Texas, SRS is roofing distribution holding company with 217 locations in 42.

SRS confirmed with HBSDealer that it is being acquired by Leonard Green and Partners LP, a Los Angeles-based private equity firm. Matthew McDermott, vice president of corporate strategy at SRS, said terms of the deal – expected to close by June – cannot be disclosed at this point.

 
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