BLDR - Mergers and acquisitions

1stWEST M&A Served as Schoeneman's Advisor in the Successful Transaction 1stWEST Mergers and Acquisitions, the leading investment bank and M&A advisory in the building material sector, announced today that its client, Schoeneman's Building Materials Center, has been acquired by Builders FirstSource® ((BLDR). 1stWEST M&A served as Schoeneman's advisor throughout the successful transaction. Due to Builders FirstSource's remarkably efficient due-diligence process, the Schoeneman's acquisition was closed within 45 days of the signing of the letter of intent. "Since 1888, Schoeneman's has established itself as a trusted name with experienced staff and a large selection of building material

DALLAS, Sept. 09, 2021 (GLOBE NEWSWIRE) -- Builders FirstSource, Inc. (NYSE:BLDR) ("Builders FirstSource" or the "Company"), today announced it acquired Apollo software assets from construction technology startup Katerra in an approximately $4.5 million transaction. The Apollo platform provides design collaboration and workflow, construction budgeting and scheduling, and field task assignment with mobile functionality. The acquisition aligns with Builders FirstSource's digital strategy to address inefficiencies in the home building process and complements the Company's recent acquisition of WTS Paradigm, LLC ("Paradigm"). "We are well-positioned to lead the digital transformation in hom

DALLAS, Sept. 02, 2021 (GLOBE NEWSWIRE) -- Builders FirstSource, Inc. (NYSE:BLDR) ("Builders FirstSource" or the "Company"), today announced it has acquired California TrusFrame, LLC ("CTF"), the largest independent producer of value-added building products in California, for $179.5 million. Established in 1982, CTF is a leading designer and manufacturer of prefabricated structural building components, including roof trusses, floor trusses and wall panels, supplying home builders, framers and general contractors across single-family and multi-family end markets throughout California. CTF is led by President and Chief Executive Officer Shawn Overholtzer, who will be joining Builders FirstS

DALLAS, May 07, 2021 (GLOBE NEWSWIRE) -- Builders FirstSource, Inc. (NASDAQ:BLDR), the largest supplier of building products, prefabricated components and value-added services in the United States, today announced it has purchased the assets of John's Lumber. John's Lumber operates two locations serving the greater Detroit metropolitan statistical area (MSA), the No. 41 ranked single-family housing market in the country and home to nearly half the starts completed in the state of Michigan annually. John's Lumber was founded by Roy Aggeler in 1947 and has remained family-owned and operated ever since. The John's Lumber team has built its reputation on a dedication to excellence in service