M&A Deal Summary

Builders FirstSource Acquires Cornerstone Building Alliance

On May 24, 2021, Builders FirstSource acquired building materials company Cornerstone Building Alliance for 400M USD

Acquisition Highlights
  • This is Builders FirstSource’s 7th transaction in the Building Materials sector.
  • This is Builders FirstSource’s 3rd largest (disclosed) transaction.
  • This is Builders FirstSource’s 11th transaction in the United States.
  • This is Builders FirstSource’s 2nd transaction in North Carolina.

M&A Deal Summary
Date 2021-05-24
Target Cornerstone Building Alliance
Sector Building Materials
Buyer(s) Builders FirstSource
Deal Type Add-on Acquisition
Deal Value 400M USD
Advisor(s) Anchor Peabody (Financial)

Target

Cornerstone Building Alliance

Raleigh, North Carolina, United States
Cornerstone Building Alliance is a provider of building materials in Arizona, primarily serving the greater Phoenix, Tucson, and Prescott Valley metropolitan areas. As a leading regional supplier with strategically located facilities, Alliance is uniquely positioned to offer unmatched distribution throughout the highest-growth regions of Arizona with a comprehensive portfolio of premium building materials. Cornerstone Building Alliance is based in Raleigh, North Carolina.

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Buyer(S) 1

Buyer

Builders FirstSource

Irving, Texas, United States
Category Company
Founded 1998
Sector Building Materials
Employees29,000
Revenue 17.1B USD (2023)
DESCRIPTION

Builders FirstSource is a supplier of structural building products to professional home-builders and contractors. Builders FirstSource was incorporated in 1998 and is based in Irving, Texas.

DEAL STATS #
Overall 11 of 18
Sector (Building Materials) 7 of 11
Type (Add-on Acquisition) 10 of 16
State (North Carolina) 2 of 2
Country (United States) 11 of 18
Year (2021) 2 of 4
Size (of disclosed) 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-07 John s Lumber

Clinton Twp, Michigan, United States

John's Lumber is a supplier of lumber and sheet goods, windows, doors, millwork, siding, decking, kitchen and bath, and installation services to homebuilders, remodel contractors, and retail consumers. John's Lumber was founded in 1947 and is based in Clinton Twp, Michigan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-29 Paradigm

Middleton, Wisconsin, United States

Paradigm transforms the way that residential construction business is done across the country. Paradigm’s technology platform serves customers in both new construction and renovation markets by increasing sales and operational efficiencies. The company's customers include renovation contractors, homebuilders, dealers, lumberyards, distributors, retailers, and manufacturers. Paradigm was founded in 1999 in Middleton, Wisconsin.

Buy $450M
Mergr

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