Builders FirstSource announced it has acquired Douglas Lumber, Kitchens & Home Center in Smithfield, R.I.

Founded in 1976, Douglas Lumber is one of the largest independent lumber and building material distributors in Rhode Island.

"After almost 50 years as a family-owned company, we are excited about our future with BFS,” said Steve Carlino, Douglas Lumber president. “My wife Joanne, son Steven Jr. and I have been very fortunate to grow a business started by my father and myself in the 1970s along with our many dedicated employees past and present who will get to share in our continued success.

"I along with our existing talented management will continue to lead, grow, and learn the needs of professional contractors large and small in our region," he added.

The JIAN Group served as the advisor to Douglas Lumber in this transaction.

"JIAN was instrumental in this process, overseeing and managing all aspects of the transaction leading up to a successful closing," Carlino said.

Source: roofingcontractor.com