Matrix Announces the Successful Sale of Dealers Building Supply, Inc.
RICHMOND, VA – October 6, 2016 – Matrix Capital Markets Group, Inc. (“Matrix”) is pleased to announce that it advised on the successful acquisition of Dealers Building Supply, Inc., d/b/a Dealers Wholesale (the “Company”) supported by The Firefly Group and Kocolene Development Corporation. The investment positions the Company to further enhance market penetration and expand its distribution capabilities. Matrix served as the exclusive advisor to Dealers Wholesale.
Dealers Wholesale, based in Indianapolis, IN, is a value-added distributor of doors, door hardware, and fireplaces to homeowners, professional contractors and developers in the residential and commercial end-markets. The Company was led by Mike and Jeff Roache for over thirty years. Together they worked to establish a reputation for customer service and quality and transferred those same core principles to the current management team.
The Firefly Group (www.thefireflygrp.com) invests in growth-oriented, lower middle-market companies in the Midwest. Kocolene Development Corporation (www.kocolene.com) operates several businesses in Indiana and also invests in companies in the Midwest.
About Matrix’s Building Products Group
Matrix’s Building Products Group has worked closely with many manufacturers, distributors, service providers, and retailers of building materials and related products. Over the years our professionals have gained a thorough understanding of the architectural specification and contractor bidding process, the impact of fluctuating commodity prices and the importance of inventory management. Team members have expertise within many sub-sectors including, architectural products, automation, cabinetry/hardware, concrete & masonry, decking, erosion control/geotextiles, fireplace construction, fire protection, flooring, furnishings/lighting, green build, HVAC, home automation, kitchen/bath, metal fabrication & erection, millwork, pipes valves & fittings, roofing, stone/hardscapes, waterworks and windows/doors.