Working with Top-Performing LBM Clients, Leading Private Equity Groups, and Strategic Acquirers, 1st West M&A has Successfully Advised Sellers and Buyers of Multiple Companies
Evergreen, CO – July 6, 2022 – 1st West Mergers and Acquisitions, a leading investment banking and M&A advisory, today announced it has completed six deals in the lumber and building material (LBM) sector in the last 15 months. Working mostly as a “sell-side” broker, the recently completed deals include the sale of Washington Supply (to TSG), the sale of Ron’s Lumber (to Nation’s Best), the sale of Wallace Building Supply (to Building Industry Partner’s subsidiary SBSI), the sale of Miller Lumber (to Kodiak BP), the sale of a California LBM dealer, announcement pending (to Building Industry Partners), and – working as the buyer’s advisor – the acquisition of Increte (by New South Construction Supply). Additionally, 1stWest M&A has multiple LBM deals with pending letters of intent, and the firm is confident that 2022 will exceed its 2021 performance in deal volume and transaction values obtained for its clients.
“One of our top-performing sectors over the last year or so has been the LBM market, and we continue to see a strong volume of both buy-side and sell-side inquiries,” said Ted Rieple, Managing Partner of 1 st West M&A. “Looking forward, we expect 2022 to be another record year.”
“Interest remains high from private equity groups and strategic acquirers which continue to roll-up independently owned lumber and building material dealers in various nation-wide consolidations,” said John D. Wagner, Managing Director of the LBM sector for 1st West M&A. “Even with inflationary pressures, we continue to see strong values and acquisition interest for top-performing companies.”
About 1stWEST M&A
1stWEST Mergers & Acquisitions is a full service, international investment banking and advisory firm that is focused on the lower middle-market of companies. The firm has built a unique business solutions platform of assisting owners and shareholders in selling their companies, acquiring other businesses, and raising growth capital. With Managing Directors in the US, Mexico, Panama, Peru, Brazil, Argentina and Chile, 1stWEST M&A is uniquely positioned to serve its clients around the globe.
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John D. Wagner