Subscribe to PCE Communications
    Choose Your Subscription

    Building Products & Construction Q3 2021

    Q3 2021 Building Products Construction

    Largest Transactions Closed

    • Target
    • Buyer
    • Value($mm)
    • U.S. Concrete, Inc.
    • Vulcan Materials Company
    • $2,151.74
    • Henry Company, LLC
    • Carlisle Companies Incorporated
    • $1,575.00
    • Insulated Metal Panels Business of Cornerstone Building Brands, Inc.
    • Vulcraft Canada, Inc; Nucor Insulated Panel Group, Inc.
    • $1,000.00
    • Riggs Distler & Company, Inc.
    • Centuri Group, Inc.
    • $855.00
    • The New Home Company, Inc.
    • Apollo Management IX LP
    • $454.58
    • North American Architectural Glass Business of AGC, Inc.
    • Cardinal Glass Industries, Inc.
    • $450.00
    • CastleRock Communities LP
    • Daiwa House USA Inc.
    • $402.00
    • Cornerstone Building Alliance SW, LLC
    • Builders FirstSource, Inc.
    • $400.00
    • Advanced Drainage Systems, Inc.
    • Canada Pension Plan Investment Board
    • $350.00
    • LASCO Fittings, Inc.
    • North American Pipe Corporation
    • $252.50
    • Cascade Windows, Inc.
    • Cornerstone Building Brands, Inc.
    • $245.00

    Other Financial Buyer Transactions Closed

    • Target
    • Buyer
    • Value($mm)
    • Vue at the Quarter
    • Exeter Property Group, LLC
    • $79.67
    • Surveying And Mapping, LLC
    • Peak Rock Capital LLC
    • n/a
    • Exterior Solutions of Georgia, Inc.
    • Soundcore Capital Partners, LLC
    • n/a
    • Tecta America Corporation
    • Leonard Green & Partners, L.P.
    • n/a

    Other Strategic Buyer Transactions Closed

    • Target
    • Buyer
    • Value($mm)
    • Novo Building Products, LLC
    • Hardwoods Specialty Products US LP
    • $302.00
    • California TrusFrame LLC
    • Builders FirstSource, Inc.
    • $179.50
    • Doors & Building Components Inc.
    • Janus International Group, Inc.
    • $168.00
    • The Business and Certain Assets and Liabilities of The Commodore Corporation
    • Cavco Industries, Inc.
    • $153.00
    • Southwest Rock Products, L.L.C/Midwest Land Trust, LLC/White Mountain Properties, LLC
    • Arcosa MS5, LLC
    • $150.00
    • Southern Crushed Concrete, LLC
    • Martin Marietta Materials, Inc.
    • $140.00

     

    Source S&P Capital IQ as of 10/8/2021 and PCE Proprietary Data

    PCE Transactions

    eBook- Ketys to Selling Your Building Products Company

    Contacts

    eBook- Keys to Selling Your Construction Company

     

    Michael Poole

    Orlando Office

    407-621-2112

    Michael Rosendahl

    New York Office

    201-444-6280 Ext 1

    Data Assumptions

    This report represents transaction activity as mergers & acquisitions, consolidations, restructurings and spin-offs. Targets are defined as U.S. Based companies with either foreign or U.S. based buyers. Transaction information provided is based on closed dates only.

    Glossary

    EBIT - Earnings Before Interest and Taxes
    EBITDA - Earnings Before Interest, Taxes, Depreciation, Amortization
    LTM - Last Twelve Months
    TEV - Total Enterprise Value

    Sources:

    1. “High Steel Prices Have Manufacturers Scrounging for Supplies,” Hufford, Austen, The Wall Street Journal, September 15, 2021.
    2. “Why Some Benchmark Aluminum Prices Have Soared to a Record,” Saefong, Myra, MarketWatch.
    3. “Ongoing Supply-Chain Issues to Constrain US Building Product Sales,” Fitch Wire, September 17, 2021.
    4. “Lumber Prices Stage a Late Season Rally,” Dezember, Ryan, The Wall Street Journal, October 1, 2021.
    5. “Monthly New Residential Construction, August 2021,” U.S. Census Bureau, September 21, 2021.

    Please Share This