SRS Distribution announced that they have closed on a transaction in which affiliates of Leonard Green & Partners, L.P. will become the majority stockholder of the Company alongside a continuing ownership group that includes both management and Berkshire Partners.
U.S. LBM Holdings LLC , a distributor of specialty building materials in the United States, announced that it has acquired Myrtle Beach Building Supply. With this acquisition, U.S. LBM now operates eight locations across North and South Carolina.
Boosting H.B. Fuller’s problem-solving potential, the company recently announced it has finalized its acquisition of Royal Adhesives & Sealants for $1.575 billion.
Adhesive maker H.B. Fuller Co said it signed an agreement to acquire its smaller rival Royal Adhesives & Sealants from affiliates of private equity firm American Securities LLC for about $1.58 billion.