Berkshire-backed SRS to Buy Advanced Building Products
May 29, 2015
SRS Distribution, a portfolio company of Berkshire Partners, has announced it is in the final stages of acquiring Advanced Building Products. Founded in 1983 and employing a team of over 100, Advanced is a regional independent distributor of roofing, siding, windows, gutters and related residential and commercial building products, supplies and services. Backed by Berkshire since early 2013, SRS is a roofing distribution holding company. Once the transaction closes, expected by month end, the combined company will include 149 locations in 38 U.S. states.