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SRS Distribution Acquires Florence Corporation and Amagansett Building Materials

SRS-Distribution-Logo-2021
April 1, 2022

MCKINNEY, Texas — SRS Distribution Inc. announced today that it has acquired Florence Corporation and Amagansett Building Materials, a leading distributor of a broad line of building products, including lumber, roofing, siding, windows and doors, and other related products with five locations throughout the Long Island area. Terms of the agreement were not disclosed.

Headquartered in Huntington, N.Y., the company was founded in 1946 by Arthur Florence and is run today by Florence's grandson, Patrick Droesch, and Droesch's brother-in-law, Rob Holden. Droesch and Holden will continue to lead the company’s dedicated team under the Florence and Amagansett banners, ensuring continuity and consistency for customers, suppliers, and employees.

“We are excited to announce our latest partnership with Florence and Amagansett in Long Island," said Dan Tinker, president and CEO of SRS Distribution. "Patrick, Rob, and the rest of the company’s dedicated employees have built a tremendous business over the years known for its outstanding customer service and quality products. The company is a perfect fit with our existing operation on Long Island and together we will continue to build upon the legacy Patrick’s grandfather began more than 75 years ago.”

Droesch said he is thrilled to have Florence and Amagansett join the SRS family of independents.

"Over the years we have come to know and respect the folks leading SRS and believe we have a strong cultural match thanks to our shared values of honesty, integrity, and trust," Droesch said.

Holden added that they are confident that being part of the SRS family will allow the company to become stronger and ensure that its future is bigger than the past.

“SRS’ financial resources will help us grow faster by investing in our people, branches, products, and technology, which will translate into an even higher level of service for our loyal customers," said Holden.

KEYWORDS: mergers and acquisitions New York roofing distributor roofing suppliers SRS Distribution

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