Professional Building Supply Buys Turnkey H2H Commercial
Originally published by: Professional Builder Supply — November 1, 2019
The following article was produced and published by the source linked to above, who is solely responsible for its content. SBC Magazine is publishing this story to raise awareness of information publicly available online and does not verify the accuracy of the author’s claims. As a consequence, SBC cannot vouch for the validity of any facts, claims or opinions made in the article.
Editor's Note: Professional Builders Supply is a large, multi-state LBM on the east coast that provides everything from trim to floor panels. The article below provides additional insight into their business expansion strategy through the acquisition of a company that specializes in installed sales of similar products. The trend toward supply-chain integration among LBMs provide one model for CMs to consider as they evaluate opportunities for growth.
Professional Builders Supply (“PBS”) announced that it has acquired the assets of H2H Commercial, LLC (“H2H”). H2H provides turnkey services for multifamily projects that include interior doors and trim, closest shelving, mirrors, bath hardware and commercial door frames. Most recent annualized revenues approximate $30 million. PBS CEO Van Isley said, “we are excited to welcome the H2H team to our PBS family. Our first priority in acquiring another company is to ensure that the cultures align and that is clearly the case with H2H where there is a relentless focus on providing an unequaled level of customer service and taking great care of their people.” Isley further commented, “Gifford Shaw and Calvin Hall have built a great business and we are proud that they consider us worthy of entrusting the future of it to us. Scott Hollowell and the entire H2H team are exceptional at what they do and we think they will thrive with the additional resources and opportunities that PBS can bring to bear.” Scott Hollowell, H2H President, will report directly to John Merritt, the President of PBS’ Multifamily Division which will be rebranded as PBS Commercial as part of the integration.