GREENVILLE, S.C. — Cameron Ashley Building Products, Inc., a portfolio company of Los Angeles-based private investment firm Pacific Avenue Capital Partners, LLC has acquired J&R Products, a Bluffton, Indiana-based distributor of specialty accessories and small tool products such as hand tools, caulk, foam, weather stripping, PPE, tapes, vents, baffles, weather stripping and fastening systems.
J&R distributes products out of its Bluffton, Indiana and Reno, Nevada locations with guaranteed two-day delivery anywhere in the United States. Cameron Ashley plans to expand the product line offerings in Bluffton, to expand service in northern Indiana, western Ohio, and southern Michigan.
The deal follows the acquisition of Warrior Building Products in 2019.
“We are excited to add J&R Products to our network and to continually provide the best products and service for our customers,” said Donny DeMarie, president and CEO of Cameron Ashley Building Products. “The acquisition expands the Company’s product portfolio to include additional insulation and weatherization accessories that will be available to our customers nationwide. We look forward to leveraging this expanded portfolio to better serve our customers while building new supplier relationships. We remain committed to expanding Cameron Ashley to better serve our customer through additional acquisitions, greenfield locations, and through organic growth.”
Under Pacific Avenue’s ownership, Cameron Ashley has completed two add-on acquisitions and has grown its network to over 5,000 customers serviced from more than 35 strategically-located stocking distribution centers with a total storage footprint of over 4.2 million square feet. The warehouse footprint is supported by a fleet of over 125 tractors and 200 trailers that make in excess of 240,000 deliveries every year.
“The acquisition represents our continued effort to strategically grow Cameron Ashley Building through multiple avenues to best serve our customers while expanding our supplier relationships,” said Chris Sznewajs, Founder and Managing Partner of Pacific Avenue. “We are excited about the acquisition of J&R Products and plan to work with their team to ensure we will offer the most complete set of products to our customers nationwide. The addition of these new insulation accessory products further bolsters our position as a leading nationwide distributor of quality building products. We will continue to pursue additional acquisitions that expand both our geographic footprint and product category offerings.”