US LBM enters Tennessee
US LBM, a leading distributor of specialty building materials in the United States, has acquired Walker Lumber & Supply, based in Nashville, Tennessee.
Founded in 1949, Walker Lumber & Supply offers an extensive line of specialty lumber and hardware to residential and commercial builders, contractors and DIYers, across Central Tennessee.
Walker Lumber’s Ray Hayles and Scott McMillan issued a joint statement: “We’re thrilled to be joining US LBM,” will continue to run Walker Lumber & Supply’s day-to-day operations. “This partnership allows us to collaborate with our new sister locations in the Southeast to further enhance our customer’s experience while extending our services to new communities.”
Hayles and McMillan will continue to run Walker Lumber’s day-to-day operations.
The award-winning Walker Lumber & Supply, which celebrated its 75th anniversary in 2004, is the first Tennessee location for US LBM.
“Walker Lumber & Supply has a long history of success with over 75 years in the business and they’re a great fit for US LBM.” said US LBM President and CEO L.T. Gibson. “As US LBM’s first location in Tennessee, partnering with the team at Walker Lumber & Supply positions us to better support the Southeast region, giving us a presence in an area that continues to see growth.”
Walker Lumber & Supply had been a member of LMC, the lumber and building materials cooperative, since 2022.
QS Capital Advisors acted as Walker Lumber’s exclusive financial advisor on the transaction.
