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Rugby Architectural Building Products

Realized · Notable ExitU.S. Building Industry

Rugby Architectural Building Products is a leading national one-step architectural-grade building products distributor.

Beginning in 2011, BIP principals supported industry-veteran entrepreneurs Dave Hughes and Drew Dickinson with a minority equity and subordinated debt investment, providing growth capital for Rugby to actively pursue a “buy and build” strategy. BIP principals and Operating Advisors helped Rugby expand into new product lines, optimize operations, and grow its customer base, while sourcing, structuring, and closing 16 acquisitions nationwide.

After growing sales from $76 million to over $280 million, Rugby was sold to Hardwoods Distribution Inc. in 2016. The transaction provided liquidity for investors and allowed Rugby to continue operating autonomously under a larger parent company.

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