Quick Supply Co./A.S.P. Enterprises announced that it has acquired the assets of Bowman Construction Supply, Inc., a leading supplier of specialty building materials headquartered in Denver, CO. Bowman has strong relationships with over 40 manufacturers and offers thousands of unique products to help owners and design professionals evaluate material options and select the appropriate products for projects throughout the Rocky Mountain States. Financial terms of the transaction were not disclosed.
Ken Kinnard, Chief Operating Officer of Bowman, commented “We are pleased to be partnering with Quick Supply Co./A.S.P. Enterprises to be able to take full advantage of our combined markets’ growth potential, maintain outstanding professional relationships fostered throughout the specialty building materials ecosystem and provide continued quality products and services to customers.”
Mike Hale, Vice President of Quick Supply Co./A.S.P. Enterprises, stated “Our family of companies is excited about the acquisition of Bowman and looks forward to teaming with their high quality employees to help expand our geographic footprint and enhance our product offerings.”
BCC Advisers, a Des Moines, Iowa based investment banking firm, advised Quick Supply Co./A.S.P. Enterprises (the buyer) on the transaction.
Quick Supply Co./A.S.P. Enterprises was founded in 1953 and is a full-line distributor of erosion-control, geosynthetics, storm water management products, wall block, landscape pavers and drainage products in the Midwest
Founded in 1969, Bowman is a leading value-added supplier of specialty building materials in Colorado and other Rocky Mountain States