Stock Building Supply Purchases Assets of Total Building Services GroupJanuary 2nd, 2013 | Category: Industry News
Stock Building Supply (Stock), a portfolio company of The Gores Group LLC, announced this week that it acquired the assets of Total Building Services Group LLC (TBSG), supplier of structural components and architectural millwork in Atlanta. The acquisition will allow the company to expand further in the Atlanta market.
“Atlanta is an important market for our company and we are excited to welcome TBSG to the Stock family,” says Jeff Rea, president and CEO of Stock. “Our Atlanta business is performing very well and this acquisition increases our capability to provide our customers value-added solutions and services.”
Bill Poston, former owner of TBSG and CEO of Traton Homes, will join TBSG’s Board of Advisors.
Terms of the sale were not disclosed.