Nation’s Best has acquired Big Bear Hardware in La Vernia, Texas. The store represents the 59th location overall for the company.
“This is an ideal south-central location just outside of San Antonio,” Chris Miller, president and CEO of Nation’s Best, said. “As we continue to strengthen our presence in Texas, Big Bear Hardware is a great fit within the Nation’s Best family. The previous owners had already built a solid market presence as a hardlines leader in the community. And with the explosive population growth in the area, we see tremendous upside in appealing even more to pros and contractors.”
Big Bear Hardware is a multi-generational hardware store that was most recently purchased by the Salinas family in 2016.
“Monica Salinas and her father Arthur saw the value in partnering with Nation’s Best as way to not only ensure the store would continue to serve the community, but to grow as it grows,” Miller said. “The best practices and efficiencies we bring through our network of stores will continue to make them better, which will be great for their customers and their store.”
Post-acquisition, Big Bear Hardware will maintain operations under its existing brand name with its team overseeing company operations alongside Nation’s Best. additionally, Nation’s Best will provide strategic and financial support to help drive “optimal growth and profitability.” The acquirer will also lease back the property from the owners.
