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Southeast Building Supply Interests, Cullman, Al., a growing platform of lumber and building materials distribution businesses serving builders and professional contractors across the Southeast U.S., has acquired century-old Builders Supply Co., further expanding SBSI’s footprint in Tennessee.
The transaction builds on SBSI’s existing presence in the state through Wallace Building Supply and reinforces its commitment to serving contractors through a growing network of local operations. This acquisition adds three Builders Supply locations to SBSI’s growing network, bringing the company’s total footprint to 14 locations throughout the Carolinas, Georgia, Alabama and Tennessee.
Anchored in Tullahoma, Tn., with a location in nearby Monteagle, Builders Supply has grown into a multi-location LBM operation serving contractors, homebuilders, and remodelers across the mid-state with a broad portfolio of building materials and construction solutions. Its offerings span dimensional lumber, engineered wood products, millwork, windows and doors, roofing, siding, plumbing, electrical and related products, all supported by value-added services such as jobsite delivery, value engineering, product sourcing, and project coordination.
Through its multi-branch footprint and service-oriented model, Builders Supply has established itself as a reliable partner for contractors across its markets, known for consistent execution, product expertise, and strong customer relationships.
Current owners Bubba Ingleburger and Carl Dixon will continue with Builders Supply’s operations in advisory roles, partnering closely with SBSI president Tom Tolleson and the broader SBSI leadership team to support continued growth and investment across the business.
SBSI’s partnership model provides local LBM operators with the infrastructure, operational support, and resources needed to grow their businesses while preserving their entrepreneurial culture and strong community ties with single family and multifamily builders, remodelers and specialty contractors.
Tolleson said, “Builders Supply is a highly respected operator with a strong presence across Middle Tennessee. Expanding alongside Wallace Building Supply allows us to deepen our coverage in the state and better serve builders and contractors with enhanced scale and capabilities. We are excited to welcome Bubba, Carl, and the entire Builders Supply team to the SBSI family.”
Bubba Ingleburger and Carl Dixon, owners of Builders Supply, added:
“Our focus has always been on supporting our customers with the products and services they need to succeed. Partnering with SBSI gives us additional resources to invest in our locations, our people, and our capabilities, while continuing to operate the business the way our customers expect.”
Matt Ogden, BIP founder and managing partner, said, “Despite a still-challenging U.S. residential construction and remodeling market, SBSI is hitting its operational stride and is now in full-throttle growth mode, both through organic initiatives and seeking acquisitions of great local family-owned LBM businesses. We’re proud of how the SBSI team has persevered and what they are accomplishing through a tough market environment.”
SBSI intends to continue expanding across the Southeast U.S. by partnering with family-owned LBM dealers seeking a long-term partner that prioritizes employee experience, customer service, local leadership, and a buyer’s track record of success. The company provides operational and administrative support that reduces back-office burdens, enabling local teams to focus on sales, service, and community engagement.
ESL Advisors advised the seller. SBSI is sponsored by Building Industry Partners (“BIP”), the leading private equity investment firm focused on the U.S. building industry. Holland & Knight served as legal counsel to SBSI, and Parkway Capital and First Merchants Bank supported the transaction.
Southeast Building Supply Interests is a growing platform of building materials and services businesses serving professional contractors and builders across the Southeast. SBSI is focused on operational excellence, customer service, and long-term value creation through disciplined growth and strategic partnerships.
Building Industry Partners is the leading private equity investment firm focused on the U.S. building industry. Led by Matt Ogden and Pat Mascia, BIP is headquartered in Boston, with operating partners and advisors across the U.S. Over the past 15 years, BIP is proud to have co-founded or been first equity sponsor of several of the fastest growing and most dynamic businesses in the U.S. building industry’s middle market, including U.S. LBM Holdings, Kodiak Building Partners, Homewood Holdings, U.S. Fence Solutions/Binford Supply, and Endeavor Fire Protection.
