Holland & Knight Represents Binford Supply in Sale to Fencing Supply Group
HOUSTON (March 10, 2021) – Holland & Knight advised Binford Supply, one of the largest residential and commercial fencing distributors in the U.S., in the company's sale to Fencing Supply Group (FSG), a new investment platform focused on building a group of leading independent fencing distributors. FSG is an affiliate of The Sterling Group, a private equity firm based in Houston, Texas. The sale was announced on March 2.
Prior to the sale, Texas-based Binford Supply was owned by U.S. Fence Solutions Company, LLC, a portfolio company of building industry-focused investment firm Building Industry Partners LLC. Binford has over 150 employees across 13 locations serving residential and commercial fencing contractors throughout Texas, Oklahoma and Colorado.
Holland & Knight Partners Adam August and Ashley Plemons and Associate Simone Summers advised Binford on the deal.
More information about the transaction can be found here.