Fencing Supply Group Completes Acquisition of Capitol Wholesale Fence Company
HOUSTON, Sept. 8, 2021 /PRNewswire/ – Fencing Supply Group (“FSG”) today announced that it has acquired Capitol Wholesale Fence Company, Inc. (“Capitol”). FSG is a group of industry-leading distributors and manufacturers of fencing and outdoor living products. Based in Nashville, Tennessee, Capitol is a full-service fencing supplier for commercial, industrial, and residential customers with branches in Nashville and Chattanooga, Tennessee; Lexington and Louisville, Kentucky; Charlotte, North Carolina; and Olive Branch, Mississippi.
“I am excited that Capitol and its more than 80 employees will join our growing family of distributors and manufacturers of fencing and outdoor living products in North America,” said Andrea Hogan, FSG CEO. “This is an extraordinary development for FSG, for Capitol, and for our customers, people, and suppliers.”
“The addition of Capitol boosts FSG’s presence and supply network with an outstanding distributor and talented fence professionals,” added Jeff Cook, FSG Executive Vice President of M&A and Greenfields. “The added locations offer further opportunities to expand the business and products and to provide customers more choices from the local people they already know.”
“Joining FSG is the best choice for Capitol, and we are thrilled about our future,” commented Lisa Harrison, CEO of Capitol. “Over the past 56 years, we have partnered with our customers and suppliers and have built a strong business. I believe that by joining forces with FSG, we will be in a better position for continued growth.”
Fencing Supply Group is a portfolio company of The Sterling Group, an operationally focused middle market private equity firm based in Houston, Texas. Sterling has deep experience in the building products distribution industry, having previously partnered with entrepreneur owners to build Roofing Supply Group, Construction Supply Group, and Artisan Design Group. Fencing Supply Group and Sterling intend to continue to support the platform through organic growth initiatives and an active acquisition strategy. Capitol Wholesale Fence Company is the seventh acquisition for the Fencing Supply platform.