Announced
Financials
Tags
industrials distributor
Domestic
Pending
Acquisition
Single Bidder
Industrial Distribution
Friendly
Private Equity
Private
Majority
United States
Disposal
Synopsis
The Jordan Company, a middle-market private equity firm, agreed to acquire a majority stake in Specialty Building Products, a distributor of specialty building products in North America, from Madison Dearborn Partners, a Chicago-based private equity investment firm. Financial terms were not disclosed. "As it has become a national-scale distributor of building materials in North America, Specialty Building Products has become one of the most reliable and trusted names in the business. We have closely followed the company's exciting expansion and we are pleased to partner with the SBP team to build on this strong momentum and pursue new opportunities for growth," Mike Denvir, TJC Partner.
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