Houston, TX— U.S. Fence Solutions Company, LLC, a portfolio company of building-industry-focused investment firm, Building Industry Partners LLC (“BIP”), has sold Binford Supply to Fencing Supply Group (“FSG”). FSG is a new investment platform focused on building a group of leading independent fencing distributors, and is an affiliate of The Sterling Group, a private equity firm based in Houston, TX.
Binford Supply was founded in 1950 and has grown to become one of the largest residential and commercial fencing distributors in the U.S. Led by its President, Jeff Cook, Binford has over 150 employees across 13 locations, currently serving residential and commercial fencing contractors throughout Texas, Oklahoma and Colorado. Binford’s product categories include wood, chain link, pipe and tube, ornamental, vinyl, gates and access controls, barbed wire, staining, concrete, agricultural, and fencing tools. Cook will continue to lead Binford following this transaction.
Cook stated, “We’re very proud of the business we’ve built at Binford Supply and the growth we’ve achieved amidst unprecedented market disruptions. As a team, we’ve successfully opened three new branches in the last two years alone, and we’re just getting started. As the leading distributor of fence products in its markets, Binford has always been an organization that cares deeply about its people and serving its customers, and our dedication to both our employees and our contractor base will only continue to strengthen.”
Among the species of Softwood carried by Binford Supply are Cedar, Pine, Spruce and Douglas Fir.
For more information, go to www.binfordsupply.com.