July 2, 2007
Director of Marketing & Communications
ProBuild Purchases Tennessee-based Crosslin Supply
Denver, CO (July 2, 2007) – ProBuild Holdings, the nation’s largest supplier of building materials to professional contractors, announced today that it has purchased the assets of Crosslin Supply Company, a distributor of lumber, millwork and building products operating in the greater Nashville, Tennessee market. Terms of the sale have not been disclosed.
Crosslin, with facilities located in Franklin, Spring Hill and Smyrna, Tennessee, is a long-standing family-owned and operated business that was founded in 1933. The company is well known by their customers not only for their service, but also for having one of Tennessee’s largest hardware and building materials centers.
“The team at Crosslin Supply will be a great addition to our existing team in the Nashville area,” said Buddy Ables, president, ProBuild East Region. “Nationally, Nashville ranks in the top 20 markets with respect to permit activity. This acquisition will allow us to better serve our new and existing customers by expanding our network of facilities and products.” Ables also added, “Our combined companies can now cover this very strategic market thoroughly, and we’re excited to be expanding our base of operations through this acquisition.”
Eddie Crosslin and Greg Davis will remain in General Management roles responsible for Smyrna and Franklin operations respectively.
“The Crosslin Family is very enthusiastic about joining forces with the ProBuild family of companies. We feel that this collaboration will provide many opportunities for our employees to grow with ProBuild,” said Eddie Crosslin, vice president of Crosslin Supply Company. “ProBuild has impressed us with their attention to our people and the importance of the cultural fit between our teams. We look forward to working with our new colleagues at ProBuild." Crosslin also commented, “We can’t thank our team at Crosslin enough for all their contributions over the years. Our family is very proud of what we’ve accomplished over 74 years of stewardship and we could not have done it without the dedication of our outstanding employees.”
Robertson & Foley acted as the exclusive financial advisor to Crosslin Supply Company in this transaction.
About Crosslin Supply Company, Inc.
Founded in 1933 by Frank and Mary Esther Crosslin in Eagleville, Tennessee, the business grew by adding facilities in 1959, 1973 and 1997. Currently, Crosslin Supply employs more than 100 people and operates out of 3 locations in the middle Tennessee market.
ProBuild Holdings is the nation’s largest supplier of building materials to professional contractors. ProBuild currently operates more than 500 lumber and building product distribution, manufacturing and assembly centers in 40 U.S. states.
ProBuild distributes a broad selection of building materials including lumber and plywood, engineered wood, gypsum wallboard and other drywall products, millwork, trusses, roofing, siding products, insulation materials, metal specialties, hardware and tools. The company’s manufactured products include trusses, wall panels, millwork, and pre-hung door and window fabrication.
To learn more about ProBuild, visit their website at www.pro-build.com.
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