M&A Deal Summary

Central Network Retail Group Acquires Lumber Jack Building Centers

On June 1, 2015, Central Network Retail Group acquired retailer Lumber Jack Building Centers

Acquisition Highlights
  • This is Central Network Retail Group’s 3rd transaction in the Retail sector.
  • This is Central Network Retail Group’s 3rd transaction in the United States.
  • This is Central Network Retail Group’s 1st transaction in Michigan.

M&A Deal Summary
Date 2015-06-01
Target Lumber Jack Building Centers
Sector Retail
Buyer(s) Central Network Retail Group
Deal Type Add-on Acquisition

Target

Lumber Jack Building Centers

Algonac, Michigan, United States
Lumber Jack Building Centers, Inc. is a small chain of home centers. LumberJack is a destination for lumber, hardware, plumbing, electrical, tools, paint, and lawn and garden supplies for both DIY and pro customers.

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Buyer(S) 1

Buyer

Central Network Retail Group

Memphis, Tennessee, United States
Category Company
Founded 2011
Sector Retail
DESCRIPTION

Central Network Retail Group LLC is a multi-format, multi-brand retailer operating 53 hardware stores, home centers, and lumberyards throughout ten states across the US.

DEAL STATS #
Overall 3 of 3
Sector (Retail) 3 of 3
Type (Add-on Acquisition) 3 of 3
State (Michigan) 1 of 1
Country (United States) 3 of 3
Year (2015) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-31 Taylor Foster Hardware

Manchester, Georgia, United States

Taylor Foster Hardware sells a full assortment of lumber, hardware, plumbing, electrical, tools, paint, lawn and garden supplies and outdoor power equipment serving both DIY and Pro customers.

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