Eric Smith

Builders FirstSource Inc. (Nasdaq: BLDR), Dallas, on Wednesday announced that it has agreed to sell its standalone Eastern U.S. Gypsum Distribution Operations to L&W Supply for an undisclosed amount. L&W will acquire all the assets of the Eastern Gypsum Operations, assume the real estate leases for those operations and hire substantially all of the employees […]

Winsupply Inc., Dayton, Ohio, on Tuesday announced it has acquired plumbing and heating distributor Simon’s Supply Co. Inc. Financial terms of the deal were not disclosed. Simon’s Supply operates in Southeastern Massachusetts and Rhode Island. The company serves customers from five locations in Fall River, New Bedford, Plymouth and West Yarmouth, Massachusetts, and Pawtucket, Rhode […]

Specialty building materials distributor US LBM Holdings LLC, Buffalo Grove, Illinois, on Tuesday announced it has completed its previously announced acquisition of American Construction Source from Angeles Equity Partners LLC and Clearlake Capital Group L.P. Financial terms of the deal, which MDM reported on May 25, weren’t disclosed. With the addition of more than 70 […]

The final month of the second quarter saw some big names in distribution announce deals, helping keep distribution M&A rolling in 2021 as the first half of the year drew to a close. Top Distributors like BlackHawk Industrial, MSC Industrial, SBP Holdings, US LBM Holdings, Winsupply and others made strategic acquisitions in the month. Meanwhile, […]

Specialty building materials distributor US LBM Holdings LLC, Buffalo Grove, Illinois, on Friday announced it has acquired Home Center Supply, a specialty building materials supplier in central Arizona. Home Center Supply will join US LBM’s Arizona-based R&K Building Supply and operate under the R&K brand. Financial terms of the deal weren’t disclosed. Home Center Supply […]

Specialty building materials distributor US LBM Holdings LLC, Buffalo Grove, Illinois, on Thursday announced it has acquired Brand Vaughan Lumber Co., a Georgia-based distributor that operates five locations in the state. Financial terms of the deal weren’t disclosed. Founded in 1946 by R.L. Brand and Cy Vaughan, Brand Vaughan serves professional builders and contractors in […]

Builders FirstSource Inc. is ramping up its digital capabilities in a big way, dropping nearly half a billion dollars to bring an industry software expert in-house. The Dallas-based building materials distributor — ranked No. 1 on MDM’s Top Distributors Building & Construction list — announced this week that it will pay $450 million in cash […]

Dakota Supply Group, Plymouth, Minnesota, on Thursday announced the acquisition of Calverley Supply Co. in an asset purchase effective July 1. Financial terms of the deal weren’t disclosed. Founded in 1974, Calverley Supply is a second-generation, family-owned distributor of HVAC equipment and supplies with seven locations across Michigan. The current owners — brothers Anthony Calverley […]

Kevin Short joined Tulsa, Oklahoma-based master distributor ORS Nasco in 2020 as company president and CEO, industrial, and in the last year and a half, Short has worked to enhance the company’s culture — which hinges on not just serving customers but delighting them. Short discussed the importance of this on the latest edition of […]

Builders FirstSource Inc. (Nasdaq: BLDR), Dallas, on Tuesday announced it has agreed to acquire WTS Paradigm LLC, a Middleton, Wisconsin-based software solutions and services provider for the building products industry, for $450 million. Paradigm specializes in technology, software development and consulting services that help manufacturers, retailers and homebuilders in the building products industry boost sales, […]

To continue reading this article you must be a paid subscriber. Subscribe to MDM Already Subscribed? Click here to log-in | Forgot your password? • Grainger wasn’t impervious to COVID-19-driven headwinds, but the company posted revenue growth and a profit in 2020. • CEO DG Macpherson outlined the company’s pandemic priorities that kept Grainger focused […]

BlackHawk Industrial Supply, Tulsa, Oklahoma, recently acquired two companies. The distributor acquired Argo del Valle (formerly Argo-Fusco), a Mexican distributor with 30 employees and locations in Tijuana, Mexicali and Sonora, Mexico. And it acquired Southern Tool & Machine Co., an industrial distributor with locations in Pompano Beach and Largo, Florida. Financial terms of the deals […]

Building products distributor SRS Distribution Inc., McKinney, Texas, on Monday announced that two-thirds of its employees will share a distribution of over $250 million as part of its company equity programs. “We are committed to changing our employees’ lives for the better,” said Dan Tinker, president and CEO. “Throughout our history, we have focused on […]

Ingersoll Rand Inc. (NYSE:IR), Davidson, North Carolina, on Monday announced it has agreed to acquire positive displacement pump manufacturer Seepex GmbH (Seepex) for €431.5 million (US$514.2 million). The deal is expected to close in the third quarter. “With this transaction, we continue to accelerate our growth plan and deliver on our commitment to advance our […]

M&A again played a huge role in determining the order of MDM’s latest Top Distributor rankings, which we partially unveiled in last week’s webcast. As consolidation accelerated across the industry — especially in the latter half of 2020 as deal-making resumed against the easing of COVID-19 restrictions on business — some of the biggest distributors […]

M&A again played a huge role in determining the order of MDM’s latest Top Distributor rankings, which we partially unveiled in last week’s webcast. As consolidation accelerated across the industry — especially in the latter half of 2020 as deal-making resumed against the easing of COVID-19 restrictions on business — some of the biggest distributors […]

Privately owned housing units authorized by building permits in May were at a seasonally adjusted annual rate of 1,681,000, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. This is 34.9% above the May 2020 rate of 1,246,000 but 3% below the revised April rate of 1,733,000. Single-family authorizations […]

B&D Industrial Inc., Macon, Georgia, on Thursday announced it has acquired GTI Predictive Technology, a division of GTI Spindle Technology Inc., Manchester, New Hampshire. Financial terms of the deal weren’t disclosed. “The timing couldn’t be better for GTI Predictive Technology coming on board with B&D,” said Ben Nations, co-CEO, B&D Industrial. “We are keenly focused […]

B&D Industrial Inc., Macon, Georgia, on Thursday announced it has acquired GTI Predictive Technology, a division of GTI Spindle Technology Inc., Manchester, New Hampshire. Financial terms of the deal weren’t disclosed. “The timing couldn’t be better for GTI Predictive Technology coming on board with B&D,” said Ben Nations, co-CEO, B&D Industrial. “We are keenly focused […]

West Chester, Pennsylvania-based Omni Cable LLC on Wednesday announced that it has completed its $91 million acquisition of Houston Wire & Cable Co. following approval of the transaction by HWCC stockholders at a special meeting earlier in the day. The transaction was announced on March 25. Under the terms of the merger agreement, HWCC stockholders […]