US LBM has reached a definitive agreement to acquire J.P Hart Lumber and Hart Components, a building products distributor and manufacturer with eight operating locations across Texas. Upon completion of the acquisition, US LBM will operate 65 locations in Texas. The transaction is expected to close during the 3Q 2021, subject to customary closing conditions.
Founded in 1939 by J.P. (Jimmie) Hart and headquartered in San Antonio, Hart’s operations serve the major markets in Texas with five building materials yards and one window distribution facility across Austin, Houston, Dallas-Ft. Worth and San Antonio. Hart Components operates two roof truss and wall panel manufacturing facilities in Austin and San Antonio.
“Joining with US LBM in our 82nd anniversary year will allow us to continue to grow, provide new solutions for our valued customers and opportunities for our dedicated people,” said W.B. (Speedy) Hart and Greg Wright, who will both remain with Hart, with Wright continuing to lead day-to-day operations following completion of the acquisition.
US LBM is a leading distributor of specialty building materials in the United States.
