Transaction Summary
Calder Capital, a nationwide Mergers and Acquisitions Advisory firm, is pleased to announce the successful acquisition of Hellmann Lumber of Walton, Kentucky by Schockman Lumber of St. Henry, Ohio.
The Acquisition Story
Schockman Lumber, a family-owned building materials supplier with locations throughout Ohio, Indiana, and Michigan, provides high-quality lumber, hardware, and building supplies to residential and commercial contractors, as well as do-it-yourself homeowners. Seeking to expand through acquisitions and enter new geographic markets, Schockman’s leadership engaged Calder Capital’s Buy-Side team.
Schockman Lumber’s engagement led to Calder Capital sourcing and facilitating the acquisition of Hellmann Lumber.
Hellmann Lumber is a nearly 150-year-old lumber, hardware, and home improvement supplier serving contractors, builders, and DIY customers throughout the northern Kentucky and the Cincinnati metropolitan area. Hellmann Lumber supports projects ranging from large-scale developments to weekend home improvement projects. Hellman is the third acquisition Schockman has made with Calder Capital.
Calder Capital’s Transaction Team and Sale Process
Calder Capital served as the Buy-Side Mergers & Acquisitions Advisor to Schockman Lumber. Serving as lead Director was Hannah Nabhan and lead Associate was Logan Theodorou of Calder Capital.
Over the course of Schockman’s engagement with Calder, the Calder Capital Buy-Side team generated 34 off-market seller introductions, leading to 19 client pursuits, four offers on unique businesses, and resulting in the successful acquisition of Requarth and then Hellmann Lumber. Calder Capital sourced Hellman Lumber in November, the Letter of Intent for this deal was executed in December, and Calder successfully closed the transaction in early February. The process moved from LOI to close in approximately two months.
The Calder Capital team met Schockman Lumber from across the negotiating table; when Calder Capital served as the Sell-Side Advisor to Iverson’s Lumber of Michigan and Schockman was the buyer. After forming a relationship, Schockman engaged Calder Capital’s Buy-Side team to help with their continued acquisition journey.
Nabhan shared, “David and Doug worked very diligently to get this deal across the finish line. From the time of the first intro call to the close date, they maintained an impressive pace to close in about only 2 months.”
Sam Scharich, Calder’s Buy-Side Managing Director, remarked, “We are continuing to see consolidation occurring across the building materials sector, particularly among family-owned distributors. Hellmann Lumber’s nearly 150-year legacy, strong community presence, and trusted contractor network made it a highly strategic fit for Schockman Lumber as they expand further into new markets.”
Calder Capital served as the Exclusive Buy-Side Mergers and Acquisitions Advisor to Schockman Lumber.
About Schockman Lumber:
Schockman Lumber, based in St. Henry, Ohio, is a trusted provider of building materials and services for residential and commercial construction. Their product offerings include framing materials, trusses, millwork, windows, doors, and other essential construction components. As a family-owned company, Schockman is known for its commitment to service, quality, and supporting local contractors and builders. To learn more, please visit www.SchockmanLumber.com.
About Hellmann Lumber:
Hellmann Lumber, based in Walton, Kentucky, has served contractors, builders, and DIY customers since 1877. The company supplies lumber, building materials, and hardware across Northern Kentucky, Southern Ohio, and Southeast Indiana and is known for its knowledgeable staff, competitive pricing, and long-standing reputation within the regional construction community. To learn more, please visit www.HellmannLumber.com
About Calder Capital:
Founded in 2013, Calder Capital is a cross-industry mergers and acquisitions advisory firm with offices across the United States. Calder provides valuation, sell-side, and buy-side services. We are nationally recognized for excellence in advising $1-100M enterprise value transactions in manufacturing, construction, distribution, and business services. Calder serves business owners, entrepreneurs, family offices, financial buyers, and investors. Learn more at www.CalderGR.com.
Notice: Calder Capital, LLC is not affiliated with any similarly named organizations or entities. To verify communications from our firm, visit our website or contact [email protected].
