Pioneer Home Center in Owensville, Missouri, a well-known name in the local community for building supplies and equipment rentals, has been acquired by Ambassador Supply, a company specializing in building products and solutions. The acquisition, finalized on December 20, 2021, marks a significant milestone for Pioneer Home Center and signals exciting prospects for its future growth within the Ambassador Supply network.
Pioneer Home Center, operating as part of Pioneer Industries, LLC, has been a cornerstone of Owensville since 1995. Beyond its retail home center, the company has also excelled as a leading truss manufacturer under the name Pioneer Truss Company, and provided equipment rental services. This diverse service offering has allowed Pioneer to build a strong and loyal customer base across the region. Known for its commitment to outstanding customer service, quick turnaround times, and reliable product quality, Pioneer has become a trusted partner for both individual homeowners and professional contractors. The company’s dedication to quality is further underscored by its Truss Plate Institute (TPI) certification and rigorous internal quality control systems. Utilizing advanced, computer-driven technology in its truss manufacturing, Pioneer ensures consistent accuracy and quality across all projects.
Ambassador Supply, based in Fort Wayne, Indiana, is strategically expanding its reach in the building materials market. Brad Crawford, President and CEO of Ambassador Supply, highlighted the company’s focus on providing high-quality building materials and comprehensive solutions to professional contractors in the agricultural, residential, and commercial sectors. Ambassador Supply has experienced rapid growth since its inception in 2013, reaching an impressive $275 million in annual revenue and employing over 450 individuals across multiple states.
Matthew Lenauer, speaking on behalf of himself and his brother Chris Lenauer, the former co-owners of Pioneer Industries, expressed enthusiasm about the acquisition. After 22 years of dedicated service to the Owensville community, the Lenauer brothers agreed to the sale, recognizing the opportunity for Pioneer Home Center and Pioneer Truss to flourish under Ambassador Supply’s leadership and resources.
Generational Equity, a leading mergers and acquisitions advisory firm, facilitated the transaction. Michael Goss, Executive Managing Director of M&A – Central Region at Generational Equity, played a key role in closing the deal, along with support from Senior Vice President, Mergers & Acquisitions, Andrew Byrd. Senior Managing Director Joe Van Voorhis initiated the relationship with Pioneer. Goss emphasized the mutually beneficial nature of the acquisition, highlighting it as a “win-win” situation for all parties involved, including employees and stakeholders. He further noted that Ambassador Supply’s robust operational capabilities and access to growth capital will enable Pioneer Home Center and Pioneer Truss to expand its operations and offer enhanced opportunities for both its employees and customers in the Owensville area and beyond. Chris Lenauer will continue to lead the business, ensuring continuity and a smooth transition.
This acquisition signals a promising new chapter for Pioneer Home Center Owensville. By joining forces with Ambassador Supply, Pioneer is poised to strengthen its market position, enhance its service offerings, and continue to be a vital resource for the Owensville community and the broader building industry.
