Heritage Capital Group is pleased to announce that its client, Sparr Building & Farm Supply, has been purchased by Nation’s Best.
Sparr Building & Farm Supply is a family business that has served customers in Central Florida for more than seven decades. The Company has four stores that blend the best characteristics of a lumber yard with a farm and ranch store. The Company’s “one-stop-shop” experience makes it easy for customers to pick up livestock feed, animal nutrition products, fencing, lumber, lawn and garden items, pet supplies, building materials, paint, and many other products. The rich equestrian history of Ocala, Florida also led Sparr to develop expertise in horse fencing and products.
Nation’s Best is one of the country’s fastest-growing independent home improvement companies. Sparr will join Hall’s Hardware & Lumber and Panhandle Lumber & Supply in Florida as Nation’s Best extends its presence in the Southeast. As part of Nation’s Best’s strategy, Sparr Building & Farm Supply will maintain operations under its existing name with its key leadership team overseeing company operations alongside Nation’s Best, which will provide the strategic and financial support necessary to drive optimal growth and profitability.
Heritage served as the exclusive financial advisor and intermediary to Sparr Building & Farm Supply. The deal team included Bill Nicholson and Doug Kravet.
“Doug and Bill had the perfect combination of M&A and real estate deal experience that we needed,” commented Sam Howard and Paul Howard, owners of Sparr. “They helped us navigate a complex transaction and kept our team well-coordinated as we tackled both big and small issues. Looking back, it’s hard to imagine completing this transaction without them.”
The terms of the transaction were not disclosed. For more information about the deal, click here.