SRS Distribution Inc. (“SRS”) announced today that it has acquired Specialty Wood Products, Inc. (“SWP” or the “Company”), a distributor of premium decking, siding, heavy timber products and other architectural-grade building materials. Terms of the agreement were not disclosed.
Founded in 1989 and headquartered in Aurora, Colorado, SWP is run today by Josh DeGuire (president). The Company operates a second location in Kyle, Texas, and employs a team of 35 people. Josh will continue to lead the business going forward, ensuring continuity and consistency for customers, suppliers and employees.
Dan Tinker, president and CEO of SRS, commented, “It is our pleasure to officially announce SRS’ partnership with Josh and the rest of the SWP team. SWP has built a reputation as a destination for upscale exterior building products serving luxury custom home builders, outdoor living professionals and modern commercial projects. SWP’s variety of value-added products and custom-engineered solutions coupled with our existing branch footprint and salesforce will create a powerful combination that further broadens our service offering to our loyal customer base.”
Josh DeGuire, president of the Company, commented, “For more than three decades, SWP has established itself as one of the premier providers of custom wood solutions for homebuilders and professional contractors by prioritizing our people and the success of our supplier partners and customers. Given SRS’ shared passion for taking care of its people, it quickly became clear that they were the perfect long-term home for SWP. Now with the support of SRS, as well as our recent expansion into central Texas, we have taken a big step towards creating a national platform in the specialty lumber space.”
About SRS Distribution
Founded in 2008 and headquartered in McKinney, Texas, SRS Distribution has grown to become one of the largest and fastest growing building products distributors in the United States. Since the Company’s inception, it has established a differentiated growth strategy and entrepreneurial culture that is focused on serving customers, partnering with suppliers and attracting the industry’s best talent. SRS currently operates under a family of distinct local brands encompassing more than 1,210 locations across the United States and Canada. SRS Distribution is a wholly owned subsidiary of The Home Depot, Inc. For more information, visit www.srsdistribution.com
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