US LBM, a leading distributor of specialty building materials, has acquired Walker Lumber & Supply, a building products distributor in Nashville, Tenn., marking US LBM’s first foray into The Volunteer State.
"We're thrilled to be joining US LBM," said Ray Hayles and Scott McMillan, who will continue to run Walker Lumber & Supply's day-to-day operations, in a Feb. 3 news release.
"This partnership allows us to collaborate with our new sister locations in the Southeast to further enhance our customer's experience while extending our services to new communities," the pair added.
Founded in 1949, Walker Lumber & Supply offers an extensive line of specialty lumber and hardware to residential and commercial builders, contractors and DIYers, across Central Tennessee. Walker Lumber was recognized as “Dealer of the Year” by LBM Journal in 2023.
"Walker Lumber & Supply has a long history of success with over 75 years in the business and they're a great fit for US LBM." said US LBM President and CEO L.T. Gibson.
"As US LBM's first location in Tennessee, partnering with the team at Walker Lumber & Supply positions us to better support the Southeast region, giving us a presence in an area that continues to see growth," Gibson added.
QS Capital Advisors acted as Walker Lumber's exclusive financial advisor on the transaction.
For more information, visit uslbm.com.