M&A
confidence high
sentiment positive
materiality 0.75
Builders FirstSource closes acquisition of Trussway, adds $340M annual sales in truss manufacturing
Builders FirstSource, Inc.
- Acquired Trussway, a provider of pre-fabricated roof and floor trusses, with ~$340M annualized sales.
- Adds 1,000 employees, 6 manufacturing facilities, and 340+ customer accounts nationwide.
- Expands footprint in multifamily sector and value-added components; expected to generate robust free cash flow within 15 months.
- Purchase funded via cash on hand and ABL facility; legal advisor Alston & Bird LLP for BFS.