Homewood Holdings was founded in early 2016 by BIP and building industry veteran Jim Stockman. Its inaugural investment was Homewood Building Supply, a pro dealer in greater Sacramento, CA.
After approximately four years, a nearly five-fold increase in sales, over three-fold growth in employee count, and seven strategic add-on acquisitions, the Homewood family consisted of five operating companies with eight total facilities across California, Washington, and Arizona.
Homewood was sold to American Construction Source (“ACS”), a leading national building materials distribution platform backed by private equity firms Angeles Equity Partners and Clearlake Capital Group. At the time of sale, CEO Jim Stockman reflected: “We've realized our vision of building a pro dealer organization across multiple markets that cares deeply about serving its customers, while also being a place where employees love to work. There is substantial opportunity ahead for Homewood, our employees, and our business partners.”
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