Stock Building Supply raised its bet on the Atlanta market today with its announcement that it acquired the assets of Total Building Services Group (TBSG), a supplier of structural components and architectural millwork.
"Atlanta is an important market for our company," Stock president Jeff Rea said in a statement. "Our Atlanta business is performing very well and this acquisition increases our capability to provide our customers value-added solutions and services. We have immediately invested to increase capacity at TBSG to support the growth of our customers and are thrilled to welcome the TBSG associates to the Stock team."
Based just north of Atlanta on a 24-acre site in Marietta, TBSG describes itself on its website as a company devoted to providing a wide range of building services. Its Structural Division provides turnkey framing packages, roof and floor trusses, and wall panels, while products from its Architectural Millwork Division include mantles, columns, entertainment centers, and staircases.
A Stock spokesman said TBSG will keep operating under that name, but will add to it "a Stock Building Supply company" as it did with its last major purchase, Bison Building Materials of Houston, in the spring of 2010. The management team also will remain in place.
Stock ranks 9th on the ProSales 100 list with sales of $774 million in 2011, 95% of it to pros. The addition of the TBSG yard (joining the 58 facilities it had nationwide at the start of 2012) now gives it four facilities serving the Atlanta market. Stock intends to keep all four, the spokesman said.