Rugby Architectural Building Products
Rugby Architectural Building Products is a leading national one-step architectural-grade building products distributor.
Beginning in 2011, BIP principals supported industry veteran entrepreneurs Dave Hughes and Drew Dickinson with a minority equity and subordinated debt investment to provide growth capital for Rugby to actively pursue a “buy and build” strategy. BIP principals and Operating Advisors helped Rugby expand into new product lines, optimize operations, and expand its customer base, while also sourcing, structuring, and closing 16 acquisitions for Rugby nationwide.
After growing sales from $76 million to over $280 million, Rugby was sold to Hardwoods Distribution Inc. in 2016. This transaction provided liquidity for investors and allowed Rugby to continue operating autonomously under a larger parent company umbrella.