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Roofing Supply ProRoofing Supplier News

Acquisitions

The Lester Group Acquires Custom Builder Supply Company

By Roofing Contractor Staff
Lester Group-Custom Builder Supply.jpg
June 11, 2024

The Lester Group announced an expansion of its businesses with the addition of Custom Builder Supply Company, a well-respected brand in Williamsburg, Va., and James City County. This strategic move was effective June 3, and strengthens The Lester Group’s presence in the Virginia building supply market. 

“Custom Builder Supply Company has built a great brand in Williamsburg, Va. and James City County over the past nearly 40 years," said Jay Dickens, CEO of The Lester Group. "Our company operates five other building supply locations and is very excited to join with the outstanding people at CBS! We strongly believe in the role of the independent lumber yard and the decisions of our store management are always made closest to the customer."

Sandy Cooper of Custom Builder Supply Company views this as a significant opportunity for growth and collaboration.  

“We have a great group of employees and have always been dedicated to giving great quality service to our customers," said Cooper. "We are excited about this opportunity to come together with The Lester Group! Our organizations have very similar business thinking and we look forward to growing together with Lester and all our customers.”

With the acquisition, Custom Builder Supply will continue to operate under its established name, maintaining the trust that customers have come to know and rely on. The team remains unchanged, ensuring the same level of high-quality products and excellent service that clients have come to expect. 

"This is a great opportunity for the Lester Group to continue to grow and prosper in new markets. We are excited to see what the future holds and believe this will lead to increased market share," said Jeff Faircloth, vice president, Building Supply at The Lester Group.

George Lester, co-chairman of The Lester Group, expressed his optimism about the acquisition. 

"We're not just adding a business, we're welcoming a brand that shares our values and commitment to quality and service into our family," said Lester. "This union will strengthen our commitment to serving the community and fostering enduring business relationships. The best is yet to come.” 

The Lester Group, a diverse company serving Virginia, West Virginia, and North Carolina, has an extensive portfolio of building supply stores, commercial real estate, and forestlands. This acquisition marks another step in The Lester Group’s commitment to help build businesses and communities with exceptional service, innovation, and integrity. We take pride in helping build business relationships and the communities we serve.

KEYWORDS: lumber mergers and acquisitions roofing suppliers Virginia

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Roofing Contractor editor-compiled stories, staff reports and industry news releases.

To submit news or for corrections, contact Tanja Kern, Strategic Content Editor, at kernt@bnpmedia.com.

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