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Top LBM Deals through early November

Updated: Nov 12, 2018

* Harvey Building Products acquired Northeast Building Products, a maker of vinyl windows and patio doors as well as entry doors. Announcement

* Homewood Holdings, a unit of Building Industry Partners, acquired select assets of Building Supply and Lumber of Sacramento, Calif. Announcement

* Napa, Calif.-based Central Valley is buying Foster Lumber Yards of Vallejo and Fairfield, Calif. Story

* An unnamed lumberyard in Colorado with $3.8 million in annual revenue has put itself up for sale. The dealer is asking for $1,995,000, including $1 million in real estate and $600,000 in inventory. Sales notice

* An unnamed LBM operation in Grafton, N.H., is up for sale. It claims $1.5 million in annual revenue. It's asking for $399,000. The $400,000 in inventory is separate. Sales notice

* Innovest Global, a diversified holding company, has entered the building materials industry with its purchase of Authority National Supply, an Ohio-based distribution company that generated $24.5 million in revenue in 2017. News release

* Ferguson Facilities Supply acquired Dogwood Building Supply effective Oct. 22. Headquartered in Winston-Salem, N.C., Dogwood provides products nationwide for new construction and capital improvement renovation projects across the country, particularly in the hospitality, multi-family and student housing segments. Announcement

* Ferguson Bath, Kitchen and Lighting Gallery acquired Capital Distributing of Dallas effective Oct. 29 and renamed it "Capital Distributing, a Ferguson enterprise." Announcement

* Drexel Building Supply revealed Oct. 19 it acquired Truss Systems of Little Chute, Wis.

* ABC Supply announced Oct. 15 that it acquired the assets of CSC Home & Hardware, a distributor located in Morgantown, W.Va.

* American Construction Source (ACS), a recently launched venture that seeks to become a big-time LBM player, on Oct. 2 purchased Breckenridge (Colo.) Building Center and Edwards (Colo.) Building Center. ACS is a portfolio company of Angeles Equity Partners and Clearlake Capital.

* This is ACS' second deal. Its first was the Sept. 26 acquisition of Meek's Lumber Co., which has divisions based in California and Missouri. Announcement

* An unnamed lumberyard in Alabama has put itself up for sale. It claims $10 million in annual revenue and $900,000 in EBITDA. Details

* On Oct. 11, Boise Cascade announced an agreement to acquire Arling Lumber, a Cincinnati area-based wholesale distributor of lumber, plywood, OSB, and engineered wood products. Press release

* Riverhead Building Supply acquired United Builders Supply, a four-unit pro dealer based in Westerly, R.I., with other locations in Niantic, Conn.; Waterford, Conn.; and Richmond, R.I.

* ABC Supply bought DRI Supply, a specialty dealer with locations in San Andreas, Calif.; Merced, Calif.; and Carson City, Nev. Announcement

* Erickson Lumber, a 101-year-old institution in Hibbing, Minn., has been sold to Jerry Yoder, who will rename the business Yoder Building Supplies, the Hibbing Daily Tribune reported Oct. 5.

* Foundation Building Materials (FBM) announced Oct. 1 that it has acquired Agan Drywall Supply, Sioux Falls, S.D.; Agan Drywall Supply Rapid City (S.D.); and Agan Tri-State Drywall Supply, Sioux City, Iowa. Announcement

* FBM also revealed in late September that it will sell its mechanical insulation business to Dunes Point Capital for $122.5 million. FBM had been wanting to shed its mechanical insulation arm and focus on drywall, steel studs, and ceiling systems. Story

* Kodiak Building Partners revealed Oct. 1 its acquisition of Frontier Building Supply, a Puget Sound-based dealer with facilities in Anacortes, Freeland, Friday Harbor, Oak Harbor, Sedro Woolley, and Coupeville, Wash.

* Don Abel Building Supply, Juneau, Alaska, purchased another Juneau lumberyard, Valley Lumber Building Supply. Story

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