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Stock Building Supply buys TBSG.

M2 EQUITYBITES-January 2, 2013-Stock Building Supply buys TBSG(C)2013 M2 COMMUNICATIONS

2 January 2013 - US building materials supplier Stock Building Supply LLC said it had acquired domestic sector firm Total Building Services Group LLC (TBSG) for an unspecified amount.

The target, which was founded in 1994, provides structural components and architectural millwork in Atlanta, which the buyer considers an important market. It serves both residential and light commercial builders. The company was previously owned by Bill Poston.

The deal is in line with Stock's strategy of strengthening and expanding its capabilities, it said.

Stock is a portfolio company of US investor The Gores Group LLC. Its customers include professional home builders and contractors in the US.

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Publication:M2 EquityBites (EQB)
Article Type:Company overview
Date:Jan 2, 2013
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