SRS Distribution announced today that it is in the final stages of acquiring Advanced Building Products, an independent distributor headquartered in Harahan, La., with additional locations in Baton Rouge, Lafayette, and Lake Charles, La., as well as Huntsville, Ala., and Oklahoma City, Okla. The deal is expected to close on May 29.
Kris Anderson, Advanced’s owner, will stay with the company and serve as district manager for Louisiana, reporting to John Bradberry, SVP Central Region. Advanced’s locations in Louisiana will continue to operate under SRS using the Advanced Building Products name. Locations in Alabama and Oklahoma will likely become part of SRS’s existing brands in those markets.
"Kris has been a good friend of SRS for many years and his values and those of his employees are similar to ours, which makes our partnership a natural fit for both companies. A fellow member of the American Wholesale Distributor Alliance and a market leader across Louisiana, Advanced is a key component to SRS’ expansion plans in the Gulf Coast region. We are thrilled to partner with Kris and are honored to have the hard-working employees of Advanced join the SRS family,” Ron Ross, chairman and CEO of SRS Distribution, said.