Rugby Architectural Building Products Acquires Cumberland Wood Products Inc., Rugby's 16th Acquisition since 2010

Rugby Architectural Building Products, along with its investor Leading Ridge Capital Partners, announces the completion of the acquisition of Cumberland Wood Products, Inc., Atlanta, Georgia.

“We are extremely excited about the addition of Cumberland Wood Products to the Rugby Architectural Building Products team. We look forward to working with Todd NeSmith and his team to continue our expansion in the greater Atlanta Metro Market," commented Drew Dickinson, Rugby Chief Operating Officer. Dickinson added, “Teaming up with Cumberland greatly expands our depth of product offering in the Atlanta market, particularly in the area of custom hardwood lumber milling.”

Alex Gonzalez and Todd NeSmith, owners of Cumberland: "We are very proud to become part of the Rugby Team," commented Gonzalez. NeSmith then remarked, "This will allow us to offer the same high quality products, along with an additional product offering to all of our existing customers. The Cumberland team is excited and looking forward to this opportunity."

This transaction marks Rugby’s 16th acquisition since 2010, through which the company has more than tripled its revenue base and grown to 28 distribution centers across the country. “The acquisition of Cumberland Wood Products supports our strategy to further expand our presence in the Southeast, adding industry-leading talent to our team, and to offer entrepreneurs an excellent option to continue growing their businesses,” commented Zach Coopersmith, Partner with Leading Ridge Capital Partners.

The new location opens for business today as Rugby Architectural Building Products, and over the next 90 days, operations will be transitioned to Rugby’s Atlanta and Suwanee, GA distribution centers.

About Rugby Architectural Building Products

Rugby Architectural Building Products (www.rugbyabp.com) is a full-line wholesale distributor of specialty building products. Its primary business is the wholesale distribution of non-structural architectural grade building products. The company’s key product offerings include hardwood plywood, composite panels, solid surface countertops, post-form countertops, high-pressure laminate, interior and exterior doors and millwork, hardwood lumber, cabinet hardware, mouldings, Rugby brand sinks and faucets, and industrial wood coatings. Value-added services include post-form countertop fabrication, custom color matching, laminated panels, cut-to-size panels, edge-banding, custom hardwood molding, hardwood lumber ripping and facing, and interior and exterior door pre-hanging.

Headquartered in Concord, NH, with over $290 million in annual revenues, the company’s 550 employees serve over 21,000 customers across the United States, with a geographic footprint covering 35 states from 28 distribution facilities servicing markets in Bronx, NY, Moonachie, NJ, Deer Park, NY, Metro Boston, Atlanta, GA, Tampa, FL, Dallas, TX, Ft. Worth, TX, Houston, TX, San Antonio, TX, Phoenix, AZ, Las Vegas, NV, Los Angeles, CA, Portland, OR, Boise, ID, Salt Lake City, UT, Albuquerque, NM, Denver, CO, Roanoke, VA, Kernersville, NC, Charlotte, NC, Wilmington, NC, Chattanooga, TN, Columbus, GA, Savannah, GA, Suwanee, GA, and Decatur, AL.

About Leading Ridge Capital Partners

Leading Ridge Capital Partners, LLC (www.leadingridge.com) is a private equity firm, with offices in Maryland and New York, specializing in acquisitions, recapitalizations, and investments in value-added distribution, logistics, and light manufacturing companies in the lower-middle market. Leading Ridge is comprised of a successful team of operators with a broad array of business experience within the distribution and manufacturing sectors. The team possesses significant operational resources and the leadership experience needed to support rapid yet controlled growth of its portfolio companies.

Contacts:

Leading Ridge Capital Partners
Zach Coopersmith, 212-300-3691
zach@leadingridge.com

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