R/W Specialties Acquires American Building Products
R/W Specialties LLC (“RW”), a portfolio company of Strength Capital Partners (“SCP”), announced the completion of the purchase of assets of American Building Products Inc (“ABP”).
Founded in 1965, RW is a wholesale distributor of specialty building products serving a diversified customer base located throughout the Mountain West. The Company has operated in Denver, Salt Lake City UT, Phoenix AZ, Casper WY, and Grand Junction, CO.
America Building Products, based in Jefferson City MO is a dedicated millwork provider serving its customers in MO, KS, OK, IL, and AR. With a 30+ year track record of success, ABP provides its customer with superior technology and quality, including its state-of-the-art pre-hung door capabilities to meet its customers exact specifications.
Rob McCrae, Chief Executive Officer of RW commented, “We are excited to partner with the ABP team and look forward to continuing to support their customers while expanding additional product offerings and services to help both businesses realize synergies.”
Jen Brooks, President of ABP added “RW is the ideal partner for ABP as we continue to bring our capabilities across the United States. Our shared commitment to technology and customer service will allow the combined company to best serve both our customers’ needs.”
“This is a unique opportunity to combine RW’s purchasing strengths in providing specialty building products with ABP’s millwork expertise,” said Mark McCammon, Co-Founder and Managing Partner at SCP. “This acquisition continues our strategy to support RW’s industry leadership through organic initiatives and strategic M&A,” added Ian Higgins, Vice President at SCP.
Jaffe, Raitt, Heuer & Weiss provided legal counsel to RW and SCP.
Source: Strength Capital Partners, L.L.C.