L&W Supply to Acquire NexGen Building Supply
CHICAGO–May 2, 2018–L&W Supply Corporation, a leading distributor of top quality building materials and specialty products in the United States, has signed a definitive agreement to acquire NexGen Building Supply. NexGen distributes drywall, ceiling systems, steel stud and other building materials, with locations in Wisconsin, Illinois, Indiana, Kentucky, Tennessee and Ohio.
As a leading distributor of interior building products in the Midwest, the NexGen acquisition supports L&W Supply’s overall growth strategy. “We look forward to welcoming the NexGen associates, customers and suppliers to the L&W Supply family,” said Dan Piché, L&W Supply’s president. With the NexGen acquisition, L&W Supply will operate 156 locations in 35 states.
The transaction is L&W Supply’s largest acquisition since joining the ABC Supply family, and follows the recent and successful integrations of Wright Bros. Supply in Northern California and Ace Supply Inc. in Montgomery, Alabama. The transaction is subject to clearance under the Hart-Scott-Rodino Antitrust Improvements Act and is expected to close in the second quarter.
About L&W Supply
Since 1971, L&W Supply has been recognized as a world-class interior products company and is one of the nation’s largest distributors of wallboard, suspended ceiling tiles, steel studs, joint treatment, insulation, EIFS, fasteners and related building products. L&W Supply was acquired by ABC Supply in November 2016. Headquartered in Chicago, Illinois, L&W Supply operates 141 branches in 35 states. More information about L&W is available online at www.lwsupply.com.
About ABC Supply
ABC Supply Co. Inc. is the largest wholesale distributor of roofing in the United States and one of the nation’s largest wholesale distributors of select exterior and interior building products. Since its founding by Ken and Diane Hendricks in 1982, ABC Supply’s sole focus has been serving professional contractors—taking care of them better than any other distributor and offering the products, services and support they need to build their businesses. A 12-time Gallup Great Workplace Award winner, ABC Supply is an “employee-first” company that treats its associates with respect and gives them the tools they need to succeed. Headquartered in Beloit, Wisconsin, ABC Supply has more than 700 locations nationwide. More information is available at www.abcsupply.com.