Nation’s Best Acquires Hipp Modern Builders Supply and Panhandle Lumber & Supply
August 1, 2021, DALLAS, Texas – Nation’s Best, a rapidly growing home improvement company, announces their combined acquisition of Hipp Modern Builders Supply in Mountain View, AR and Panhandle Lumber & Supply in Bonifay, FL. The addition of Panhandle complements Nation’s Best’s established presence in northwest Florida and the acquisition of Hipp extends their reach into another state.
“With these newest stores, we’re quickly becoming the nationwide family of home improvement businesses we envisioned,” said Chris Miller, president & CEO of Nation’s Best. “In just under two years, we’ve grown our reach to now include 22 locations across seven states. We’re proud of our role in strengthening independent retail at the local level and we’re very happy to have Hipp Modern Builders Supply and Panhandle Lumber & Supply as a big part of that growth.”
“For three generations, our family has proudly served our community,” said Terry Hipp, owner of Hipp Modern Builders Supply. “I couldn’t be happier knowing that Nation’s Best will build on our traditions while growing the business.”
“We’ve been providing quality, competitively priced building materials and home improvement products to our customers in Bonifay since 1994,” said Jack Locke, Panhandle Lumber & Supply owner. “Nation’s Best represents the future for our business, ensuring that our team and our customers will benefit for years to come.”
As part of Nation’s Best’s acquisition strategy, both locations will maintain operations under their existing names with their management teams overseeing company operations alongside Nation’s Best, which will provide the strategic and financial support necessary to achieve optimal growth and profitability.
Nation’s Best is a member-owner of Do it Best Corp., the only U.S.-based hardware, lumber and building materials buying cooperative in the home improvement industry.
About Nation’s Best
Nation’s Best Holdings, LLC was founded in 2019 and currently owns and operates 22 locations in seven states with over 480 associates. Nation’s Best is committed to identifying and acquiring best-in-class independent home improvement stores across the United States to ensure their continued relevance as vibrant community resources. To learn more, visit nationsbest.net.