FOR IMMEDIATE RELEASE
CLEARWATER, Fla.–(BUSINESS WIRE)–Decks & Docks today announced its recent acquisition of Bayou City Lumber, a leading outdoor building material supplier in the Houston, Texas market.
Bayou City, founded by Warren Spencer in 1994, is a distributor of outdoor building products including treated lumber products, pilings, composite decking and seawall serving southeast Texas and southwest Louisiana. Bayou City will operate under the Decks & Docks banner and continue to serve their local customers with their existing employees.
“I am very pleased to announce that Bayou City has joined Decks & Docks. I have known them for a long time and am certain that with their scale and expertise in outdoor building materials we’ll be able to add even more value for customers together,” said Warren Spencer, founder of Bayou City.
“We are extremely excited to partner with Warren and the rest of his team at Bayou City. Warren has built an outstanding business that is a leader in its market. We believe there is a lot we can do to support Bayou City’s growth as part of Decks & Docks, but also see opportunities to learn from their talented team and apply best practices to the rest of our locations,” said Tyler Wallace, President of Decks & Docks.
Shawn Roberts, CEO of Decks & Docks, said, “Expanding along the Gulf Coast and into the Texas market has been a priority for us for a long time and we view Bayou City as the ideal partner to do that with. We have a lot of respect for Warren and his team and look forward to working with them to drive future growth together.”
In October 2023, Decks & Docks partnered with CCMP Growth Advisors to recapitalize the business and support its management team in driving future growth. This is the 8th location added since the transaction and brings Decks & Docks’ total location count to 43.
About Decks & Docks
Founded in 1991, Decks & Docks is the largest pure-play specialty distributor of marine construction and outdoor living supplies headquartered in Clearwater, FL. Known as a one-stop shop for contractor customers, offering a comprehensive suite of composite decking, railings, pilings and vinyl seawall, Decks & Docks serves the Eastern United States, operating a network of 43 facilities across 13 states, shipping domestically and internationally. Decks & Docks has a proven track record of successful expansion and reputation for fantastic service, great value and rapid delivery of supplies. Visit www.decks-docks.com.
About CCMP Growth Advisors, LP
CCMP is a New York based growth-oriented private equity firm focused on making lead buyout and growth equity investments in middle-market companies in the Consumer and Industrial sectors primarily in North America. CCMP Growth leverages the deep investment experience of its team to identify high-growth companies in transition, and partners with management to help each platform scale through strategic and operational support. Visit www.ccmpgrowth.com.
Contacts
FGS Global
CCMP@fgsglobal.com
Source: Business Wire Read original HERE