Southeast Building Supply Interests (“Sbsi”) Acquires Haywood Builders Supply (“Haywood”), Continuing Its Expansion With Its Second Acquisition Of The Summer.
Southeast Building Supply Interests (“Sbsi”) Acquires Haywood Builders Supply (“Haywood”), Continuing Its Expansion With Its Second Acquisition Of The Summer.
07/26/22, 2:06 PM
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Southeast Building Supply Interests (“SBSI”), a platform company of the building industry-focused private equity investment firm Building Industry Partners (“BIP”), has acquired Haywood Builders Supply (“Haywood”) in Waynesville, North Carolina. Haywood is SBSI’s second location in the greater Asheville area along with Henson Building Supply in Black Mountain, North Carolina. In support of SBSI’s growing presence in the area, LBM industry veteran Robert Gordon has joined as Vice President and leader of the Asheville market. Robert was previously an accomplished general manager with Builders FirstSource and 84 Lumber. Danny Wingate, a long-time senior leader at Haywood, has been promoted to President of Haywood where he will continue to ensure customer and community focus.
Company Info
Company info
Building Industry Partners (“BIP”) is the leading private equity investment firm focused on the U.S. building industry. Founded by Matt Ogden in 2008, BIP is headquartered in Boston, with operating partners and advisors across the U.S.
Over the past decade, BIP is proud to have been part of building some of the fastest growing and most dynamic businesses in the U.S. building industry’s middle market, including U.S. LBM Holdings, Kodiak Building Partners, Homewood Holdings, and U.S. Fence Solutions/Binford Supply.
In 2020, BIP redefined its purpose: to build exceptional and enduring businesses, generate world class investment returns, and contribute to elevating the building industry and its workforce through people-focused investment & business principles. BIP continues to seek opportunities to sponsor the building industry’s greatest talent in building exceptional businesses, realizing their entrepreneurial visions, and increasing shared prosperity amongst shareholders, management, and our broader workforce.