Columbia Lumber is one of the largest building supply dealers in South Carolina. The Company’s sales are made to professional contractors servicing the residential market in the Columbia Metropolitan Area.
The owner of the Company was approaching retirement and did not have a logical successor. Croft & Bender advised the Company through a complete exclusive sale process, which included valuing the Company, identifying potential acquirers, drafting the offering memorandum, marketing the Company, and negotiating the transaction.
Croft & Bender successfully negotiated a sale to Carolina Holdings, Inc.