has been acquired by
Columbia Lumber is one of the largest suppliers of building materials in South Carolina.
Senior Team
Columbia Lumber
Type
M&A Sell-Side
Description
Croft & Bender advised Columbia Lumber, a leading building supply dealer in South Carolina, through an exclusive sale process as the owner approached retirement. They handled the company's valuation, identified potential acquirers, and managed the marketing and negotiation process. Croft & Bender successfully negotiated the sale of Columbia Lumber to Carolina Holdings, Inc.
Industries
Industrial
has been acquired by
Columbia Lumber is one of the largest suppliers of building materials in South Carolina.
About
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.
Situation
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.
Result
Croft & Bender successfully negotiated a sale to Carolina Holdings, Inc.