News Release
April 30, 2015
Croft & Bender Serves as Financial Advisor to VNS Corporation in its Sale to Building Materials Holding Corporation
has been acquired by
VNS is a leading supplier and manufacturer of building products.
About
VNS is a leading building materials supply dealer and manufacturer, serving both single-family and multi-family homebuilders, in the Southeast region of the United States. The Company currently operates storefront locations in Georgia and north Florida and serves a broader geographic area through its multi-family contracting operation.
Situation
The Company engaged Croft & Bender to advise the Company through a sale process upon receiving an unsolicited offer from a strategic buyer. Croft & Bender valued the Company, identified addbacks, and negotiated the transaction.
Result
Croft & Bender successfully negotiated the sale of the Company to Building Materials Holding Corporation (BMC).