SRS Distribution acquires Washoe Building Supply
SRS Distribution, the Texas-based building products distributor announced that it has acquired Washoe Building Supply Inc.
Headquartered in Sparks, Nevada, Washoe distributes residential and commercial roofing products.
The company was founded in 1981 and was owned and operated by Scott McGrath, Zach McGrath, and Christina McGrath.
SRS said the McGrath family will continue to lead the company’s team under the Washoe banner, “ensuring continuity and consistency for customers, suppliers, and employees.”
The financial terms of the acquisition were not disclosed.
“We are honored to welcome the McGraths and the rest of the Washoe team to the SRS family,” said Dan Tinker, president and CEO of SRS. “The Company has earned an outstanding reputation in the market and will be an excellent complement to our existing Roof Line branch in Reno.”
“Washoe’s dedicated employees have been at the center of the company’s success, and we look forward to growing with them for years to come,” Tinker added.
Based in McKinney, Texas and founded in 2008, SRS Distribution has grown to become one of the largest and fastest-growing building products distributors in the United States. SRS currently operates under a family of distinct local brands, which includes more than 710 locations across 45 states.
Regarding their decision to join SRS Distribution, the McGrath family said, “After several decades of developing Washoe into one of Reno’s leading roofing distributors, we decided it was time to find a partner that could take our business to the next level. SRS has an exceptional track record of taking care of its people and being a loyal steward of its families’ legacies, which made the decision to join SRS incredibly easy. We firmly believe SRS is the best home for both our company and our people, and we are excited to see what we can achieve with their support.”
SRS Distribution is a portfolio company of Leonard Green & Partners, L.P., and Berkshire Partners LLC.
