GREER, S.C. — Cameron Ashley Building Products, Inc., a portfolio company of Los Angeles-based private investment firm Pacific Avenue Capital Partners, LLC, has acquired the assets of Warrior Building Products, a St. Louis-based distributor of roofing, fasteners, siding, insulation and decking. The acquisition is the latest move under Pacific Avenue’s ownership, following the company’s recent name change from Guardian Building Products.
“We are excited to add a St. Louis location to our network of distribution centers,” said Donny DeMarie, president and CEO of Cameron Ashley in a press release. “The acquisition further strengthens the company’s position in the Midwestern United States while providing Cameron Ashley with a strong foothold in eastern Missouri and Southern Illinois. The St. Louis location expands our presence in Missouri and complements our existing locations in Kansas City and Joplin, MO. We look forward to leveraging this expanded footprint and to serving our customers and deepening our supplier relationships. We are committed to continuing to expand and scale the business through acquisitions, greenfield, and organic growth.”
Under Pacific Avenue’s ownership, Cameron Ashley has grown its network to over 5,000 customers across 30 plus strategically-located stocking distribution centers with a total storage footprint of over 4.2 million square feet, the company says. 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 demonstrates of our strong commitment to expanding Cameron Ashley’s footprint to better support our customers while expanding the reach for our supplier partners,” said Chris Sznewajs, founder and managing partner of Pacific Avenue. “We are excited about this acquisition along with the greenfield expansions that are planned in Nevada, Arizona, and Pennsylvania in 2019. We are committed to pursuing additional acquisitions that will expand our geographic footprint while continuing to offer our core product suite of roofing, insulation, gypsum, decking and siding.”