TELFORD, Pa.--(BUSINESS WIRE)--US LBM Holdings, LLC (“US LBM”) is pleased to announce the acquisition of Shelly Enterprises Inc. (dba Shelly’s) of Telford, Pennsylvania from third generation owners, Bill and Greg Shelly.
Founded in 1923, Shelly’s is one of the oldest and largest building material suppliers in Eastern Pennsylvania with seven locations serving five counties in the metro Philadelphia area for the builder, remodeler and consumer. Shelly’s successful 90-year history is a result of its relentless focus on providing top quality products with first class service to its customers. Shelly’s adds to US LBM’s presence in Pennsylvania with building material suppliers John H. Myers & Son serving south central Pennsylvania since 1916 with six locations and Universal Supply serving the Philadelphia market since 1965.
“Through the hard work and dedication of employees over many years, the Shelly family is proud of the contributions made in the development and ongoing growth of our communities,” said Bill Shelly, a third generation family co-owner. “Our partnership with US LBM allows Shelly’s to enjoy the benefit of additional resources to promote continued growth,” added Greg Shelly, a third generation family co-owner. “Shelly’s will continue to have the local feel and focus that our customers deserve with the resources of a much larger organization.”
Remarking on Shelly’s strategic fit with US LBM, L.T. Gibson, President & CEO of US LBM, said, “Shelly’s service capabilities, breadth of product offering and leading market position make it a great fit for US LBM as we continue to build momentum in the marketplace through acquisition and new locations. We are excited to partner with the Shelly’s team and continue their impressive history of growth.” For more information on Shelly’s visit www.shellyslumber.com.
US LBM is a collection of eight leading building material distributors serving the Midwest, Northeast and Mid-Atlantic in eight states with more than 50 locations. Implementing the philosophy of local management and leadership, US LBM capitalizes on the premier reputation of its operating companies and the local customer relationships that each operation is known for in its market. US LBM is owned by private equity firm BlackEagle Partners and is recognized as one of the fastest growing suppliers of building products in the U.S. www.uslbm.com
