Hub Construction Specialties, Inc.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Hub Construction Specialties, Inc. - overview

Established

1958

Location

San Bernardino, CA, US

Primary Industry

Logistics & Distribution

About

Hub Construction Specialties, Inc. is a provider of construction materials and services for projects across various sectors. They offer a wide range of tools and supplies to support the construction industry's operational needs. Hub Construction Specialties, Inc.


operates as a supplier of construction materials aimed at contractors and builders. Founded in 1958, the company is headquartered in San Bernardino, US. In January 2020, the company was acquired by Construction Supply Group, a portfolio company of The Sterling Group. The founder's history and prior ventures are not disclosed.


Hub Construction Specialties specializes in providing a comprehensive range of products and services designed to support the construction industry. The company offers an extensive selection of construction materials, tools, and equipment that facilitate the execution of projects on time and within budget. Their product offerings include concrete, masonry supplies, safety gear, and various construction tools that cater to both residential and commercial markets. Hub Construction Specialties serves contractors, builders, and subcontractors across multiple geographical markets, particularly in the Southwest region of the United States.


The company's commitment to expanding its delivery capabilities ensures customers have easy access to necessary resources, enhancing operational efficiency. Hub Construction Specialties generates revenue primarily through direct sales of construction materials and associated services to various business clients. The transactional structure involves B2B relationships where contractors and construction firms purchase products in bulk to meet project demands. Sales occur through in-person transactions at branch locations and potential online ordering systems for convenience.


The firm’s revenue is bolstered by its flagship offerings, which include branded construction tools and safety equipment tailored to meet industry standards. While specific pricing plans are not disclosed, the company’s diverse portfolio enables it to cater to various customer needs, fostering long-term partnerships and repeat business in the construction sector. Following the acquisition in January 2020, Hub Construction Specialties plans to enhance its product offerings and expand into new geographical regions. The company is targeting additional markets within the Southwest and aims to launch new construction tools and safety equipment by the end of 2023.


The recent acquisition funding will support these initiatives, allowing for improved operational capabilities and enhanced service delivery to clients.


Current Investors

Construction Supply Group

Primary Industry

Logistics & Distribution

Sub Industries

Construction, Electrical, Plumbing & Hardware Distributors

Website

www.hubhasit.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Hub Construction Specialties, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedHub Construction Specialties, Inc.-

Displaying 1 - 1 of 1

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.