HB Capital Strengthens its Portfolio with the Acquisition of Structural Building Components LLC

November 01, 2023 09:53 AM Eastern Daylight Time

 

CAMP HILL, Pa.--(BUSINESS WIRE)--HB Capital is delighted to announce its acquisition of Structural Building Components LLC, a market leading specialty contractor headquartered in Deer Field Beach, Florida.

The acquisition of SBC represents a significant milestone in HB Capital's mission to promote broad based employee ownership by facilitating the sale of equity from the current owner(s) to existing employees while consistently outperforming average private equity market returns.

Structural Building Components (SBC) is the third largest structural construction company in the state of Florida, specializing in the provision of structural shells for single and multifamily homes. SBC’s management has developed exceptional relationships with builders and specialized subcontractors over the past 30 years and its diverse client base consists of national and regional residential and commercial real estate developers. The acquisition of SBC not only marks a significant addition to HB Capital's portfolio but also strengthens its commitment to create meaningful wealth for blue collar employees.

Structural Building Components LLC will continue its operations under its existing management team, retaining its brand and commitment to delivering high-quality construction services.

For more information about HB Capital, please visit https://hb-capital.net.

About HB Capital: HB Capital is a dynamic American investment firm committed to advancing employee ownership and creating sustainable opportunities for workers. The firm specializes in acquiring and supporting companies on their journey to employee ownership, aiming to build more resilient and successful businesses in the process.

Contacts

Trent Crossan | tcrossan@hb-capital.net

HB Capital is the private equity asset management division HB Global, a mechanical contractor that has successfully integrated 23 acquisitions since 2010. Our mission is to promote employee ownership by facilitating the sale of equity from the current owner(s) to existing management teams and other employees while consistently outperforming average private equity market returns.