Insight
The Jordan Company's Acquisition of Specialty Building Products
Insight
The Jordan Company's Acquisition of Specialty Building Products
January 21, 2021
Winston & Strawn LLP represented The Jordan Company, L.P. (TJC) in the acquisition of a majority stake in Specialty Building Products, LLC (SBP or the Company), a leading distributor of specialty building products in North America. SBP's senior management team, including President and CEO Jeff McLendon, will maintain a significant equity stake in SBP and continue to lead the Company through its next phase of growth. Based in Duluth, Georgia, SBP's operating brands are U.S. LUMBER, Alexandria Moulding, Midwest Lumber, and Mid-State Lumber. Founded in 1982, TJC is a middle-market private equity firm headquartered in New York, New York. Terms of the transaction were not disclosed.