High Street Capital (or “HSC”) is pleased to announce its investment in AHI Supply, LLC (“AHI” or the “Company”) alongside Wells Fargo Strategic Capital and AHI’s current owners and managers.
Founded in 1982, AHI Supply is a leading manufacturer and supplier of quality construction products to a wide variety of customers including distributors, builders, specialty contractors, and masons in the Southwest Region. The Company is headquartered in Alvin, TX (Houston) with additional locations in Buda, TX (Austin), and Roanoke, TX (Dallas). AHI was founded by Bob Allen, and is led by Chris Sellers and Mike Hill, industry veterans of multiple decades, and an experienced team throughout the organization with a long track record of success. The current management team will remain in place. AHI has planned to ensure services and materials continue without interruption for its customers and partners. For more information on the Company’s business units and product offerings, please visit www.AHISupply.com.
This represents HSC’s first platform investment in Fund VI. Blake Bartolomei, Principal at High Street Capital remarked, “We have been impressed from the start with the multi-decade history of successful operations at AHI, its well positioned market, and the remarkable management team at its head.” Tim Kurth, Operating Partner at High Street Capital added, “We look forward to working together with management in helping execute their growth plans and for the bright future of AHI as a result of this partnership.”
Mr. Sellers commented, “High Street Capital’s long history of collaboration and business growth demonstrated to us that HSC was the ideal partner to help take AHI to the next level. We greatly look forward to working together on the next chapters for the Company and are excited for what is in store.”
Please contact Mr. Bartolomei (312.667.4773 or blake@highstreetcapital.com) with any questions or related opportunities that might be a fit for AHI.
We are also seeking other new platform investment opportunities in the areas of outsourced business services, niche manufacturing, and value-added distribution. Please contact us with businesses generating revenues above $10 million where our capital, experience, and ideas could drive further growth. For more information about High Street Capital and its investment approach, please visit www.HighStreetCapital.com or follow us on LinkedIn for the most recent news and updates.