Insights & News

FourBridges Advises Junior’s Building Materials on Sale to National Building Products Distributor

NEWS AUGUST 5, 2021

FourBridges initiated, negotiated and structured the deal on behalf of Junior’s

CHATTANOOGA, Tenn. (August 3, 2021) — FourBridges Capital Advisors, an investment banking firm that helps business owners sell their companies, refinance debt or access growth capital, acted as exclusive financial advisor to Junior’s Building Materials in its sale to US LBM, one of the nation’s largest building materials distributors.

Junior’s Building Materials is a building materials distributor that sells lumber, windows and doors, roofing, siding, and other products throughout Chattanooga, North Georgia and surrounding markets. Junior’s was founded in 1991 by Otto “Junior” Boehm, Jr, who will continue to lead Junior’s day-to-day operations.

“Junior’s is a family company in the truest sense: in addition to being family-owned, we’ve built a great team that feels like family,” Junior Boehm said. “We knew the time was right to transition ownership. FourBridges helped us evaluate several strong options and ultimately select a partner that will take Junior’s to the next level, while also maintaining the brand, team and culture that we’ve built here.”

FourBridges ran a full process for Junior’s, identifying multiple highly qualified prospective buyers and working with the management team to evaluate offers. US LBM was selected as the ultimate buyer, and FourBridges structured a deal that enabled Junior’s family to achieve their financial and personal objectives.

“FourBridges helped us evaluate several strong options and ultimately select a partner that will take Junior’s to the next level, while also maintaining the brand, team and culture that we’ve built here.”

A portfolio company of Bain Capital, US LBM is a leading distributor of specialty building materials in the U.S. and operates more than 400 locations nationwide. US LBM combines the scale and operational advantages of a national platform with a local go-to-market strategy through its national network of locations across the country. Since its founding, the company has made more than 70 acquisitions and opened more than 20 new greenfield locations.

“Junior has built an impressive business known for its great customer service,” said Chris Rowe, managing director at FourBridges Capital. “When he first approached the FourBridges team, Junior knew he wanted a partner that would protect his customers, his employees and his legacy. Together, we positioned the company in a way that attracted several great offers and ultimately led us to US LBM. It was a pleasure working with Junior and structuring a deal that checked all the boxes for him, his family and his team.”

The FourBridges team of Chris Rowe, Ralph Montgomery and Andrew Allred acted as exclusive M&A advisors to Junior’s Building Materials. Donnie Hutcherson of Henderson Hutcherson & McCullough (HHM) served as the accounting team, and Wayne Peters, Ellie Laporte and Dillon Thornbury of Gearhiser, Peters, Elliott, & Cannon, PLLC were lead legal counsel.

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