Builders FirstSource Inc. expands market share through several acquisitions
In July 2015, Builders FirstSource Inc. (Builders FirstSource) completed the $1.6 billion acquisition of ProBuild Holdings LLC (ProBuild Holdings), causing revenue to double between 2014 and 2015. The acquisition enabled the company access to more than 70 new geographic markets, increased revenue in every product category and broadened overall company product diversity. In 2019, the company acquired Raney Components LLC and Raney Construction Inc., the latter of which is known for its vertically integrated manufacturing and installation model that improves labor productivity and reduces cycle times for customers. Most recently, the company acquired industry competitor BMC in January 2021 and National Lumber in 2022.
ESG|M&AIn response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.
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