Generational Group Advances in the Lumber Industry and Announces the Sale of Their Client, Huntington Lumber & Supply Co., Inc., to Nation’s Best Holdings

Generational Group is a leading mergers and acquisitions advisory firm for privately held businesses. With over 350 professionals located throughout 16 offices in North America, we proudly guide clients through the entire M&A process. Rich with industry experts and over 1600 completed transactions, we are pleased to grow within the Lumber Industry and announce the sale of our client, Huntington Lumber & Supply Co., Inc., to Nation’s Best Holdings. This acquisition closed July 15, 2024.

Located in Hazlehurst, Mississippi, Huntington Lumber & Supply Co., Inc., is a privately-owned Do it Best Home Center founded in 1962. The company supplies lumber, building materials, and a comprehensive range of hardware, primarily serving the residential and commercial industry. As part of the Do it Best cooperative, Huntington Lumber benefits from a member-owned buying structure, operating alongside other independently owned stores under the Do-it-Best brand. This affiliation enables them to offer high-quality products and competitive pricing to their customers.

Nation’s Best Holdings, founded in January 2019 by Chris Miller, is a holding company focused on acquiring and operating best-in-class businesses in the home improvement industry. Based in Dallas, Texas, Nation’s Best partners with talented management teams to grow successful independent hardware stores, home centers, and building material dealers. By leveraging a member-owned cooperative structure and emphasizing relationships, best practices, and modern technologies, Nation’s Best ensures competitive advantages and sustained growth for its portfolio companies.

Chris Miller, president & CEO of Nation’s Best, stated, “Huntington Lumber & Supply is very much in line with the type of home improvement stores we want to add to our growing family of businesses. Brothers John and David Huntington have run a beautiful store – clean, neat, and very orderly. They’ve kept up on their inventory control processes and have assembled an outstanding team. They have been ideal operators and we’re proud to welcome them to Nation’s Best.”

As part of Nation’s Best’s strategic plan, Huntington Lumber & Supply Co. will continue to operate under its current name, with its team managing the company’s operations. Nation’s Best will offer the strategic and financial support required to achieve maximum growth and profitability.

Generational Group Executive Managing Director of M&A – Central Region, Michael Goss, and his team, led by Senior Managing Director, M&A, Cory Strickland, with the support of Vice President, M&A, Lance Thomasson, closed the deal. Senior Managing Director, Terry Stidham, and Senior M&A Advisor, Bryce Gray, established the initial relationship with Huntington Lumber & Supply Co., Inc.

Generational Group provides access to a team of M&A professionals dedicated to guiding business owners through every stage of the process. Our client-focused approach ensures that the business owner’s future is at the core of our efforts, and we are committed to achieving the best possible outcome. Whether it’s wealth advisory, consulting, or an exit strategy, we adapt meet each client’s needs. Each business owner’s unique dream becomes our mission, and our goal is to help achieve it. This is the Generational Way—a commitment to excellence and a dedication to making your aspirations a reality.

Source: Generational Group, Inc.