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PRESS RELEASE: SRS expands its presence in Washington, Louisiana, and Texas through the acquisition of two industry leaders

By Ryan Nelson September 25, 2020

McKinney, TX – September 25, 2020:

SRS Distribution Inc. (“SRS”) announced today that it has simultaneously acquired CB Wholesale (“CB”) in Washington and RSI Building Products (“RSI”) in Louisiana. Both companies specialize in the distribution of residential & commercial roofing, drywall, and other related products. Terms of the agreements were not disclosed.

Headquartered in Bellingham, WA, CB was founded in 1982 by Brent & Cherie Walker and is currently run by their daughter, Regan Walker-Sayres. The company also operates a second location in Burlington, WA. Regan will continue to lead their dedicated employee base under the CB banner, ensuring continuity and consistency for customers and supplier partners.

Headquartered in Shreveport, LA, RSI was founded in 1985 by Jean & Jerry Sayres and is currently run by their son and Regan’s father-in-law, Skip Sayres. The company operates four other locations in Louisiana (Alexandria, Baton Rouge, Hammond, New Orleans) and one branch in Dallas, TX. RSI’s senior management team, Skip Sayres and Ed Adams, will continue to lead their dedicated employee base under the RSI banner while providing exceptional service to the company’s loyal customers.

Dan Tinker, President and CEO of SRS Distribution, commented, “We are truly honored to welcome both the CB and RSI teams to the SRS family. We have known Skip, Regan, and the rest of the extended Sayres family for many years and are thrilled they have decided to join forces with SRS. Over the past 25+ years, both businesses have built strong reputations in their respective markets and have become two of the most respected companies in the industry. By combining the resources of SRS with the local relationships and knowledge of CB & RSI, we will further enhance our ability to service customers, support our supplier partners, and provide growth opportunities for our employees.

 

About SRS Distribution

Founded in 2008 and headquartered in McKinney, TX, SRS has grown to become one of the largest and fastest growing building products distributors in the United States. Since our inception, we have established a differentiated growth strategy and entrepreneurial culture that is focused on serving our customers, partnering with our suppliers, and attracting the industry’s best talent. We currently operate under a family of distinct local brands encompassing more than 370 locations across 44 states. SRS Distribution is a portfolio company of Leonard Green & Partners, L.P. and Berkshire Partners LLC.

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