SWP has completed a strategic merger with SRS Distribution.

A New Collaboration: Specialty Wood Products and SRS Distribution

Northborne Partners announced that it has provided financial advisory for a significant sales process involving Specialty Wood Products, Inc. (“SWP”) and SRS Distribution Inc. (“SRS”), a subsidiary of The Home Depot, Inc..

Founded in 1989 and headquartered in Aurora, Colorado, SWP is one of the leading suppliers of specialty building materials such as premium siding, exterior cladding, and heavy timber products. The company offers exceptional quality to residential and commercial builders with a carefully selected range of products sourced from the best suppliers both nationally and internationally.

SWP President Josh DeGuire stated, "This is a transformative moment for SWP. For over thirty years, we have built our reputation by prioritizing people, customers, and suppliers. Our partnership with SRS combines our specialized focuses on a national scale, providing builders with greater reliability and options. Together, we are creating a new growth platform in the specialty wood sector.”

Paul Jevnick, Managing Director at Northborne, commented, “We are proud to guide SWP (and its parent company Tumac Lumber Company) through this significant transactional process. The merger with SRS strengthens SWP's position as a leading provider of premium siding, exterior cladding, and other architectural-grade building materials, and creates a solid platform for growth. This is a fantastic outcome for all stakeholders.”

Brad McMurchie, President of Tumac, emphasized how the expertise and focus demonstrated by Northborne made a difference in achieving an outstanding result throughout the process. "The insights and execution from Northborne helped us connect with a partner who shares the same values and growth goals as SWP," he said.

DeGuire continued, "We relied on Northborne's expertise and got the results we were hoping for. The Northborne team took the time to understand the uniqueness of our business, which allowed us to present SWP’s unique story to buyers and generate maximum interest. The outcome honors our values, supports our employees, and sets the stage for a strong new chapter with SRS.

Legal advisory throughout the process was provided by Stoel Rives to Tumac and SWP.