McKinney, TX – September 30, 2022:
Heritage Pool Supply Group, Inc. (“Heritage”) announced today that it has acquired Pool Builders Supply of the Carolinas, Inc. (“PBS”), a leading wholesale distributor of pool and spa products in the Southeast. Terms of the agreement were not disclosed.
Headquartered in Charlotte, NC, PBS was founded in 1976 by Olen & Betty Morgan and is run today by their children, Taryn Springsteed & Matt Morgan. The Company operates nine distribution locations across five states (NC, SC, VA, GA, and TN). Taryn, Matt, and the rest of the company’s leadership team will continue to lead PBS’ dedicated employee base under the existing brand banner, ensuring continuity and consistency for customers, suppliers, and employees.
Matt McDermott, President of Heritage, commented, “We are thrilled to partner with Taryn and Matt and are honored to have the hard-working employees of PBS join our growing family of companies. We always look for partners with great passion for customers and employees, and PBS is a model organization for both. The combination is strategic to Heritage in many ways and a key component to Heritage’s future expansion plans in the Southeast region. We are committed to build a national network and long-term legacy in the pool and spa industry for decades to come.”
Taryn Springsteed, VP and owner of PBS, commented, “To say I am proud of all our accomplishments over the last 48 years is an understatement. We have gone from a single warehouse in Charlotte, NC to nine branches in five states throughout the Southeast. After spending time with the Heritage team, I saw many parallels to our company, including a commitment to their employees as well as the importance of customer service. Not only am I certain that Heritage will be able to provide PBS with the additional resources needed to fuel our growth, but I am also confident they have the programs that will provide additional opportunities for our employees professionally and financially. The Heritage model is proven and we look forward to building the most positive force in the industry together for many years to come.”
About Heritage Pool Supply Group
Heritage Pool Supply Group’s vision is to grow by forming a network of the best independent distributors to provide exceptional customer service while increasing our value as a trusted growth partner to top manufacturers in the industry. Our mission is to help our family of companies achieve new heights and provide opportunities for all employees to grow, thrive, and advance with the company for decades to come. We currently operate a family of 16 distinct local brands encompassing more than 100 locations across 24 states. Heritage Pool Supply Group is a wholly owned subsidiary of SRS Distribution Inc., one of the largest and fastest-growing privately held wholesale distributors in the United States.
Source: Heritage Pool Supply Group
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