US LBM Holdings LLC Acquires Stock Building Supply’s New Jersey Operations

January 25th, 2010 by Editor

US LBM Holdings LLC, a portfolio company of Building Industry Partners (BIP) and BlackEagle Partners LLC, has acquired Universal Supply Company LLC in partnership with Jeff Umosella. With eight facilities, Universal is a pro dealer providing millwork, roofing, siding and other building materials to the southern and central New Jersey, eastern Pennsylvania and Delaware markets.

Universal was acquired in 2006 by Stock Building Supply. With US LBM’s acquisition of Universal, US LBM broadens its product portfolio it can offer its customers through Universal’s strong focus on roofing and siding as well as diversifying its revenue base in new geographic markets, according to the company. US LBM will be comprised of 23 locations and more than 700 associates serving the professional building market with a primary focus on custom homebuilders, professional remodelers, multifamily and commercial contractors and retail trade.

Jeff Umosella, Stock’s New Jersey market manager, will remain with the business as president of Universal, a title he held prior to Stock’s acquisition of the company in 2006.

“Each of US LBM’s subsidiaries will benefit through the acquisition of such a strong business model and management team at Universal,” says L.T. Gibson, president and chief executive officer of US LBM.

“The high quality of products and service that our customers have grown accustomed to over the past 45 years will only improve through our partnership with US LBM,” adds Umosella. “With US LBM we have found a partner that respects the local nature of our business and will allow us to operate independently.”

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