Ambassador Supply has announced the acquisition of Pioneer Industries, LLC, which includes Pioneer Home Center and Pioneer Truss Company, marking a significant expansion in their portfolio of building material solutions. The acquisition, finalized on December 20, 2021, brings together Ambassador Supply’s focus on providing high-quality building materials with Pioneer’s established presence as a leading truss manufacturer and home retail center in Owensville, Missouri.
Pioneer, operating since 1995 in Owensville, Missouri, has built a strong reputation as a comprehensive provider for both construction professionals and homeowners. Pioneer Home Center offers an extensive range of products, catering to diverse needs from home improvement projects to professional construction supplies. Alongside the retail center, Pioneer Truss Company is known for its efficient and reliable manufacturing of trusses, utilizing modern technology to ensure precision and quality. They also provide equipment rental services, making them a versatile partner in the region’s building and construction sector. Pioneer’s commitment to service is evident in their fast turnaround times and dedication to delivering quality products, reinforced by their Truss Plate Institute (TPI) certification and rigorous internal quality control systems.
Brad Crawford, President and CEO of Ambassador Supply, highlighted the strategic importance of this acquisition. “Ambassador Supply is dedicated to providing manufactured building products, post-frame building solutions, and top-tier building materials to contractors across agricultural, residential, and commercial markets,” Crawford stated. He further emphasized Ambassador Supply’s growth trajectory since 2013, now reaching $275 million in annual revenue and employing over 450 individuals. The inclusion of Pioneer Home Center and Pioneer Truss Company aligns perfectly with Ambassador Supply’s mission to enhance its offerings and market reach within the building industry.
For Pioneer Industries, the acquisition represents a new chapter of growth and opportunity. Matthew Lenauer, speaking on behalf of himself and his brother Chris Lenauer, the previous co-owners, expressed enthusiasm about the deal. “After 22 years, Chris and I agreed to this sale with Ambassador Supply, recognizing the strong future for Pioneer Home Center and Pioneer Truss under their leadership,” Matthew Lenauer commented. The transaction was successfully managed by Generational Equity, with Michael Goss, Executive Managing Director of M&A – Central Region, playing a key role in closing the deal. Goss praised the acquisition as a “win-win” situation, foreseeing Ambassador Supply’s investment as a catalyst for further expansion and development for Pioneer, its employees, and the community it serves. He noted that Chris Lenauer will continue to lead the business, ensuring continuity and leveraging his deep industry expertise within the Ambassador Supply framework.
This acquisition signals a promising future for Pioneer Home Center and Pioneer Truss Company as they join forces with Ambassador Supply. Customers can expect continued dedication to quality and service, now backed by the resources and expanded network of Ambassador Supply, ensuring Pioneer Home Center remains a premier destination for building materials and home improvement needs in Missouri and beyond.
