Pro-Build Holdings Inc. reached an agreement to purchase Hope Lumber and Supply Co., a supplier of lumber, trusses, engineered wood products, millwork and other building materials to professional residential contractors. Based in Tulsa, Okla., Hope Lumber operates 49 yards and 5 truss plants in nine states in the Southeastern and South Central United States.

The transaction is scheduled to close this month. Terms of the agreement were not disclosed.

Pro-Build Holdings is a wholly-owned subsidiary of Fidelity Capital, the business development arm of the mutual fund company, Fidelity investments.