U.S. LBM Acquires Raymond Building Supply

June 2nd, 2016 by Editor

U.S. LBM Holdings,  a distributor of specialty building materials, has acquired Raymond Building Supply, which is based in North Fort Myers, Fla., and serves the South Florida market. With this acquisition, U.S. LBM now operates 30 locations in Florida and 227 nationwide.

Founded in 1957, Raymond Building Supply serves several counties in South Florida, including Lee, Collier, Sarasota, Manatee, Hillsborough, Palm Beach, Broward and Miami-Dade. The supply company provides a range of products that includes windows, residential doors, commercial doors and custom millwork.

“Florida is a vital, expanding market in the building and construction sector,” said U.S. LBM president and CEO L.T. Gibson. “Raymond Building Supply is a market leader with deep relationships and a strong focus on customer service which positions us well in this important market. This acquisition supports our successful strategy of partnering with the best local companies in high growth markets.”

The JIAN Group acted as the financial advisor to Raymond Building Supply.

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