PrimeSource Brands, a North American provider of specialty branded residential building products backed by Clearlake Capital Group, L.P. ("Clearlake"), announced today that it has acquired CityPost, a provider of cable railing systems for decks, patios and lofts used in residential renovation applications.
BFS announced the acquisition of Kleet Lumber, a leading provider of lumber and building materials including doors, windows, roofing, hardware and custom millwork to builders, contractors and homeowners on Long Island.
Master Halco, Inc., a leading distributor of fencing, railing, and outdoor living products, is pleased to announce the acquisition of The Deck Superstore, Inc. (TDS), a premier dealer and retailer of outdoor living materials based in Colorado.
Decks & Docks today announced its recent acquisition of Bayou City Lumber, a leading outdoor building material supplier in the Houston, Texas market.
BFS acquires single-location, Texas-based cabinetry specialist.
Culpeper Wood Preservers, a leading manufacturer of pressure-treated lumber, has acquired Long Life Treated Wood, a Maryland-based supplier and manufacturer specializing in marine-grade lumber. This acquisition bolsters Culpeper’s marine division and enhances its ability to serve customers with durable, high-quality products designed for harsh water environments.
Builders FirstSource completed the acquisition of Wyoming Millwork, a leading independent building products distributor in Delaware.
Simpson Strong-Tie, the leader in engineered structural connectors and building solutions, today announced that it has acquired Fulton, Missouri-based Monet DeSauw Inc., a leading manufacturer of large saws used in the fabrication of trusses within the US and Canada.
Culpeper Wood Preservers, a leading producer of pressure-treated wood, is proud to announce they have acquired Pleasant Garden Dry Kiln Company in Pleasant Garden, North Carolina.
Owens Corning (NYSE: OC), a leader in global building and construction materials, and Masonite International Corporation (“Masonite”) (NYSE: DOOR), a leading global provider of interior and exterior doors and door systems, today announced they have entered into a definitive agreement under which Owens Corning will acquire all outstanding shares of Masonite for $133.00 per share in cash, representing an approximate 38% premium to Masonite’s closing share price on February 8, 2024 and an approximate 46% premium to Masonite’s 20-day volume-weighted average price. The implied transaction value is approximately $3.9 billion, implying a purchase multiple of approximately 8.6x 2023E adjusted EBITDA2 or 6.8x when including synergies of $125 million.
