HOUSTON, February 1, 2022 /PRNewswire/ — Fencing Supply Group (FSG) announced today that it has acquired Specialty Wholesale Fence Jacksonville. Specialty Wholesale Fence is a reputable leading wholesaler of vinyl and aluminum fencing products in the Jacksonville, FlaMarket.
“We are delighted to welcome the dedicated employees of Specialty Fence Wholesale to our Fencing Supply Group team,” he said Andrea Hogan, CEO of Fencing Supply Group. “We build North America leading distributor of fencing and outdoor living products, and Specialty Fence Wholesale is the ideal match.”
“Special fence wholesale complements our existing presence in Jacksonville and surroundings,” he added Jeff Cook, FSG Executive Vice President for M&A and Greenfields. “New and existing customers will benefit from having more options and greater access to quality fencing, perimeter security and outdoor living products.”
“We’ve built a company that thrives on providing the best customer experience in the fencing industry and prides ourselves on our knowledgeable staff and quality products,” he remarked Stephen Seymour, owner of the special fencing wholesaler in Jacksonville. “Our market is becoming more competitive and customers are looking for more. Joining the Fencing Supply Group allows us to take our business to the next level, which means an opportunity to accelerate growth and create more professional options for our people.”
Fencing Supply Group is a portfolio company of Sterling Group, an operationally-focused private equity firm focused on the industrials sector. Sterling has extensive experience in the building products distribution industry, having previously worked with contractors to build the Roofing Supply Group, Construction Supply Group and Artisan Design Group. Fencing Supply Group and Sterling intend to continue to support the platform through organic growth initiatives and an active acquisition strategy.
About Fencing Supply Group
Founded in 2021, Fencing Supply Group (FSG) is a group of industry leading fencing suppliers. FSG is the largest wholesaler and manufacturer of fencing and accessories for outdoor living The United States. FSG Companies serve professional fencing companies providing new, upgraded and repaired fencing services to residential, industrial, commercial and infrastructure end markets. The FSG model combines local relationships, service and expertise with national reach and resources for the benefit of customers, employees and suppliers. Current FSG businesses include Binford Supply, Cedar Supply, Fence Supply, Merchants Metals, Pro Access Systems, Sharon Fence Distributors and Vinyl By Design, which collectively operate nearly 70 locations in more than 30 states.
About the Sterling Group
Established in 1982, The Sterling Group is a private equity investment firm seeking controlling interests in basic manufacturing, distribution and industrial services companies. Typical corporate values of these companies at inception range from 100 million dollars to $750 million. Sterling has completed the acquisition of 61 platform companies and numerous add-on acquisitions for a total transaction value of over $14.0 billion. Sterling recently co-closed its fifth mutual fund $2.0 billion in commitments and currently has over $5.7 billion of the managed assets. Visit sterling-group.com for more information.
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SOURCE Fencing Supply Group