Homewood Holdings Acquires Third Building Supplier

November 9th, 2018 by Drew Vass, Executive Editor

Homewood Holdings LLC, a portfolio company of private equity investment firm Building Industry Partners (BIP), recently acquired select assets of Building Supply and Lumber Co. Inc. (BSL). BSL now joins Homewood Building Supply and Evergreen Lumber under the umbrella of Homewood Holdings.

BSL is an independent lumber and building materials supplier serving homebuilders and contractors in the Northern Californian market. The addition of BSL, Homewood officials say, widens the company’s market, with Homewood Building Supply based in Sacramento, Calif., and Evergreen Lumber based in Seattle, Wash. Sam McMaster, former owner of BSL, will continue with Homewood Holdings as a consultant, allowing him to move into retirement.

“We’ve known and respected Stan for many years, and this acquisition helps accelerate Homewood’s growth plan and adds highly valuable customer relationships to our organization,” says Jim Stockman, CEO of Homewood Holdings.

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