Mergers and acquisitions (M&As) in the building products industry were in June up 50% year to date compared to the same period in 2020, continuing a trend of increasing M&As established in the years immediately proceeding the beginning of the COVID-19 pandemic, according to a recent report title "Building Products M&A Volume Surges" from investment firm Capstone Partners.
The implications of the transactions from a purchaser's (i.e., contractor's) persceptive span a broad spectrum of possible impacts, from expanded service offerings—such as was the case with Lowe's 2018 acquisition of Maintenance Supply Headquarters, which added thousands of "products and value-added services for maintaining and renovating multifamily properties," according to the deal's initial announcement—to increased distribution capabilities—as is expected to be the case with Gypsum Management & Supply's acquisition of Westside Building Material (agreed to in May 2021), which would add a distribution network of 10 locations to the company—to a foreign brand's introduction to the US market—like when Atlas Holdings, also in 2018, sold Erickson Construction, provider of residential framing materials and services, to Toyko-based Asahi Kasei Group. Not to mention, many of these deals involve investor dollars—and specifically private-equity investment—with which come unique possibilities for change that could impact the industry at large.
To help keep residential construction professionals more up to date with the biggest mergers, acquisitions, and also expansions affecting the residential building products industry, we've tracked down and consolidated dozens of announcements made since 2017 and organized them in the below timeline for easy access and exploration. The timeline will be updated periodically, so continue checking back for updates.