Builders FirstSource Completes Acquisition of ProBuild
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Builders FirstSource (BLDR) Announces Completion of ProBuild Holdings Acquisition, Equity Offering
July 31, 2015 12:22 PM EDTBuilders FirstSource (NASDAQ: BLDR) completed its previously announced acquisition of ProBuild Holdings LLC ("ProBuild"), one of the nation's largest professional building materials suppliers.
The combination of Builders FirstSource and ProBuild will create a national professional dealer with 2014 combined revenues of approximately $6.1 billion. The combined company will leverage its nationwide network to better serve its four critical customer segments, including production builders, custom builders, multi-family/commercial, and repair and remodel. With over 430 locations, the new company will serve 74 of the top 100 metropolitan statistical areas across 40 states.
"The culmination of this acquisition marks a... More
