Ambassador Supply is pleased to announce the acquisition of Pioneer Truss.
Pioneer, located in Owensville, Missouri, is a leading truss manufacturer, home retail center, and equipment rental provider. In operation since 1995, the company has established strong market share within the geographic region along with a diversified network of customers.
We are happy to welcome Pioneer Truss into the Ambassador Supply family as the company continues its dedication to the high-quality service that elevated them to being recognized as a leader in building materials. Ambassador Supply is located in Fort Wayne, IN and has been invested in lumber supply since 2012. With the merging of the two organizations, both Ambassador Supply and Pioneer Truss plan to keep on all employees following the acquisition.
Ambassador Supply worked with Generational Equity to finalize the sale of Pioneer to Ambassador Supply. Generational Equity's Managing Director of M&A Michael Gross said, "We are so excited for Chris and Matt Lenauer and Brad and the Ambassador Supply team. This transaction has been a win-win for Chris and Matt, their employees, and all other stakeholders, Ambassador is a solid acquirer and operator and will provide additional growth capital to expand the business and provide additional opportunities to Chris as he continues to lead the business forward as well as the existing key managers and employees to continue their own professional development."