SRS Distribution Announces the Acquisition of Kohl Building Products with Eight Locations in Pennsylvania and Maryland.
McKinney, TX - April 28, 2017:
SRS Distribution ("SRS or "the Company") announced today the acquisition of Kohl Building Products ("Kohl"), a family-owned regional distributor with locations in Reading, Selinsgrove, Mechanicsburg, Stroudsburg, Johnstown, Bloomsburg, and York, Pennsylvania in addition to one location in Frederick, Maryland. Terms of the purchase were not disclosed.
Kohl Building Products was founded in 1947 and currently employs a team of over 140 people. Kohl covers a primary market area of Central Pennsylvania and Maryland servicing professional contractors, homebuilders, home improvement contractors, and remodelers. Tom and Deb Kearse, joint owners, and Kohl's entire sales and operations team will be staying with the company to lead the branches going forward, which will ensure continuity and consistency for the customers, employees, and suppliers of Kohl. SRS will continue to operate these branches under the Kohl Building Products name.
Ron Ross, Chairman & CEO of SRS Distribution, commented, "It is a tremendous honor to have the fine people of Kohl Building Products join our family. We have been friends with Tom and Deb for many decades and have always admired the business they have built. We could not be more excited to be a part of the next phase of growth and evolution of Kohl and will put all of the SRS resources behind the Kohl team to have the company reach its full potential in the coming years."
Tom Kearse, President of Kohl Building Products, added, "We are pleased to announce that we have found the right partner for the future of Kohl in SRS. We have known the SRS team for many years and have watched them successfully make acquisitions, resulting in positives for both employees and customers. We were committed to finding a company that shared our values and are confident that SRS is the best fit for Kohl. We look forward to expanding on our 70-year track record of success for many years to come."
Headquartered in McKinney, TX, SRS is a roofing distribution holding company that, with the addition of Kohl Building Products, will include 181 locations in 41 states operating under the names: Suncoast Roofers Supply, Southern Shingles, Midwest Roofing Supply, River City Wholesale, Superior Distribution, Shake & Shingle Supply, Roofline Supply & Delivery, Stoneway Roofing Supply, Heritage Wholesalers, Myles F. Kelly, Commercial Distribution Specialists, B&L Wholesale Supply, Advanced Distribution Specialists, B&L Wholesale Supply, Advanced Building Products, Atlantic Roofing Distributors, Monroe Aluminum Products, National Building and Roofing Supplies, Metro Roofing Supplies, and Kohl Building Products. SRS is a portfolio company of Berkshire Partners LLC.