Binford Supply has been sold to Fencing Supply Group
Binford Supply was founded in 1950 and has grown to become one of the largest residential and commercial fencing distributors in the United States. Led by its President, Jeff Cook, Binford has over 150 employees across 13 locations, currently serving residential and commercial fencing contractors throughout Texas, Oklahoma and Colorado. Binford’s product categories include wood, chain link, pipe and tube, ornamental, vinyl, gates and access controls, barbed wire, staining, concrete, agricultural and fencing tools. For more information, please visit www.binfordsupply.com.
Founded in 2021, Fencing Supply Group (FSG) is a new platform focused on building a group of industry-leading fencing distributors. FSG businesses serve professional fencing contractors who provide new, improvement and repair fencing services. Binford is the second acquisition for the Fencing Supply Group platform.
Jeff Cook commented, “Lincoln’s expertise in the fence industry and understanding of outdoor living trends enabled them to effectively articulate Binford’s value proposition, market differentiation and growth trajectory. We valued Lincoln’s thoughtful advice throughout the sale process.”
Lincoln acted as the exclusive financial advisor to Binford Supply and Building Industry Partners, working closely with the management team and shareholders throughout the sale process. This included providing advisory expertise and managing the preparatory, marketing, due diligence and negotiation phases of the transaction. Terms of the transaction were not disclosed.
Lincoln ran a disciplined, competitive process, while navigating the COVID-19 landscape, to deliver a highly successful outcome for the company, employees and its shareholders.
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