Add-on Acquisition • Forest Products

Gulfeagle Supply Acquires Banning Lumber & Millwork

On January 22, 2024, Gulfeagle Supply acquired forest products company Banning Lumber & Millwork

Acquisition Context
  • This is Gulfeagle Supply’s 1st transaction in the Forest Products sector.
  • This is Gulfeagle Supply’s 1st transaction in the United States.
  • This is Gulfeagle Supply’s 1st transaction in Florida.

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M&A Deal Summary

Date January 22, 2024
Target Banning Lumber & Millwork
Sector Forest Products
Buyer(s) Gulfeagle Supply
Deal Type Add-on Acquisition
Advisor(s) Washington Partners (Financial)

Target Company

Banning Lumber & Millwork

Largo, Florida, United States
Banning Lumber & Millwork is a fully stocked lumberyard offering an extensive selection of building products including but not limited to millwork, doors, windows, moldings, stair parts, and exterior siding. Banning Lumber & Millwork is based in Largo, Florida.
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Buyer Overview 1

Buyer

Gulfeagle Supply

Tampa, Florida, United States

Category Company
Founded 1973
Sector Distribution
DESCRIPTION

Gulfeagle Supply is a full-line distributor of residential and commercial roofing and building products. Gulfeagle Supply was formed in 1973 and is based in Tampa, Florida.


Deal Context for Buyer #
Overall 1 of 3
Sector: Forest Products 1 of 1
Type: Add-on Acquisition 1 of 3
State: Florida 1 of 2
Country: United States 1 of 3
Year: 2024 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-29 Elite Roofing Supply

Glendale, Arizona, United States

Elite Roofing Supply is a distributor of roofing materials and supplies throughout the US. The Company is based in Glendale, Arizona.

Buy -