Specialty Building Products Expands with OrePac Acquisition to Strengthen Market Presence

Specialty Building Products to Acquire OrePac Building Products

Specialty Building Products, LLC (SBP), a prominent distributor of specialty building products across North America, has taken a significant step in its growth strategy by announcing the acquisition of OrePac Building Products, a well-respected regional distributor based in Wilsonville, Oregon. This agreement marks a pivotal moment for both companies, showcasing SBP's commitment to expanding its portfolio and footprint within the building materials industry.

Founded in 1977, OrePac has cultivated a stellar reputation in the Western United States as a family-run business that prioritizes customer integrity and trust. With a network of 13 locations, OrePac has been recognized for its operational excellence while consistently providing high-quality building materials and exceptional customer service. Its dedication to community support adds another layer to its well-regarded legacy.

By integrating OrePac into its operations, SBP aims to enhance its diverse range of products and bolster its market presence. Jeff McLendon, President and CEO of SBP, expressed his excitement about the acquisition, emphasizing the shared core values between the two companies. McLendon stated, "We are thrilled to welcome one of North America's leading specialty distributors to the SBP family. OrePac and its team share our unwavering focus on customer success, building and maintaining strong relationships, and sustaining operational excellence. OrePac's legacy of leadership and service aligns seamlessly with SBP's vision of championing customer success from the core of the specialty building products value chain."

From OrePac's perspective, Brad Hart, the President and CEO, highlighted the emotional and exciting nature of this transition for the family-owned business. Hart expressed pride in joining forces with SBP, acknowledging that their combined expertise and resources would help preserve the values that OrePac has built since its inception.

Moreover, Glenn Hart, the Founder and Chairman of OrePac, assured stakeholders that this partnership would benefit employees, customers, and the communities they serve. He noted that the collaboration would enable OrePac to continue its dedication to exceptional service while opening doors to new growth opportunities.

The acquisition is set to close in the fourth quarter of 2025, contingent on standard closing conditions. Notably, OrePac will maintain its brand identity, management team, and geographic presence, ensuring continuity for customers and employees alike. Senior VPs Darin Coder and Kris Schroeder will lead the transition and continued operations at OrePac, preserving the company's established leadership structure.

To support this deal, RBC Capital Markets is acting as the financial advisor to Specialty Building Products, while JP Morgan Securities LLC is advising OrePac. This collaborative effort underscores the importance of the acquisition in shaping the future of both entities.

As Specialty Building Products prepares to integrate OrePac into its business, it reaffirms its role at the core of the value chain for high-value specialty building materials. The company's operations support a variety of trusted manufacturers, playing a key part in the distribution of innovative products to dealers throughout the repair, remodel, and new construction markets.

For more information about Specialty Building Products, please visit SBP's official website. For insights into OrePac Building Products, you can find details on their operations at OrePac's official website. This acquisition not only marks a significant milestone for both companies but also emphasizes their commitment to delivering quality and customer satisfaction across the building materials industry.