Overview

Williams Strategic Advisors is pleased to announce that our client, L&B Pipe & Supply Co., Inc. has finalized the sale of their company to The Reece Group (Morsco). Williams Strategic Advisors acted as the exclusive financial advisor to L&B Pipe & Supply Co., Inc. L&B, located in Torrance, CA, serves contractors and homeowners in the Los Angeles, California markets with plumbing, remodeling, maintenance, and repair products. “We are very happy to have worked with Bob Grosher and Lynn Craig on their successful exit to a family business that was started more than 40 years ago by Bob and Lynn. Bob and Lynn met in High School and have continued their relationship in their business, and now into retirement. We are very excited to know that Bob and Lynn will enjoy their retirement from L&B Pipe & Supply Co., Inc. enjoying golf, family, and coaching together,” said Brad Williams, Managing Director of Williams Strategic Advisors. “It was truly a pleasure assisting Bob and Lynn in the transitioning of their family business.”