May 1, 2015

The Builders FirstSource-ProBuild Holdings dissected.

February 17, 2015

Describing cyberspace as the new "wild, wild West," President Barack Obama on Friday said that while everyone expects the government to be the sheriff, the private sector must do more to stop cyberattacks.

January 7, 2015

Quikrete added to its list of high-profile renovations with a project on a prestigious California island.

January 5, 2015

Home decor retailer At Home has named Jennifer Warren as its newest chief marketing officer. Warren joins the company from Radio Shack, where she also served as CMO.

December 16, 2014

Newell Rubbermaid has wrapped up its acquisition of Baby Jogger Holdings, Inc. from private equity firm Riverside Company.

December 1, 2014

Newell Rubbermaid, whose brands include Irwin Tools and Lenox, has agreed to acquire Baby Jogger Holdings, Inc. from global private equity firm The Riverside Company for a price tag of $210 million.

Richmond, Virginia-based Baby Jogger is best-known for its activity strollers, though the company produces various infant and juvenile products geared toward active parents. It's expected to net approximately $90 million in sales in 2014.

September 8, 2014

Versatex is under new ownership but the same management.

Highlander Partners, a middle-market private investment firm based in Dallas, acquired Versatex Building Products. Founded in 2003, Versatex is a Pittsburgh-based provider of cellular PVC building products serving both the new construction and renovation-and-remodel markets.

September 3, 2014

Phoenix, Arizona-based Western Window Systems has been included in Inc. Magazine’s 33rd annual Inc. 500|5000, an exclusive ranking of the fastest-growing private companies in the United States. The designer and manufacturer of door and window systems made the list with three-year sales growth of 236%. 

June 18, 2014

Distributors affiliated with PRO Group and Val-Test met with manufacturers in Atlanta during 973 scheduled private 30-minute buyer/vendor appointments over the course of two days here. 

It was all part of the Group Merchandising Conference.

June 10, 2014

An employer can look at its employees’ posts on social networking sites, but it needs to be careful in how it responds -- or does not -- to what it sees there.

In testimony before the U.S. Equal Employment Opportunity Commission (EEOC) on March 12, 2014, employment law attorney Jonathan Segal, speaking on behalf of the Society for Human Resource Management (SHRM), said: “To ignore social media today is like ignoring e-mail 20 years ago. Social media is no longer cutting-edge; it is now mainstream.”

April 28, 2014

Former Weyerhaeuser unit Northwest Hardwoods is reportedly up for sale again by American Industrial Partners, the same private equity firm that bought the company in 2011.

According to a report in the Wall Street Journal, American Industrial Partners has hired bankers at Goldman Sachs to market the company.

April 22, 2014

Builder Partnerships, an organization to connect builders with manufactures, announced Azek Building Products joined the program.

Builder Partnerships describes itself as a single channel for manufacturers and service providers to streamline communication and reach out to leading private regional home builders of various size and product mix across the country.  The service includes a “competitive incentive program on behalf of our manufacturers for builder members.”  

April 4, 2014

The U.S. economy added 192,000 jobs in March, which wasn't enough to offset last month's 6.7% unemployment rate. However, at an upwardly revised figure of 197,000, February pulled in more jobs than initially estimated.

According to Bloomberg, March's figure has pushed private employment past the pre-recession peak for the first time.

March 21, 2014

RGS Energy, a Louisville, Colo.-based manufacturer of solar energy products, has named Dennis Lacey SVP finance.

In his new role, Lacey will be responsible for implementing and managing the company's residential lease financing program. 

March 13, 2014

General Tools & Instruments, a Manhattan-based tool manufacturer with a storied history, has been acquired by private equity firm High Road Capital Partners.

Founded in 1922, General Tools & Instruments is a designer and developer of precision specialty hand tools and handheld test instruments for consumers and professionals.

February 11, 2014

Christopher Durham has been named VP retail brands at Theory House, a Charlotte, N.C.-based marketing agency that has worked with major home improvement brands, such as Lowe's, WW Grainger, Husqvarna and Gunk.

January 22, 2014

In a joint venture with private equity firm GTIS Partners, Toll Brothers has announced its plans to acquire Sienna South, the last major undeveloped parcel of Houston master-planned community Sienna Plantation.

January 20, 2014

Central Garden & Pet Company has made a couple executive appointments. Effective immediately, J.D. Walker has been tapped to lead the Garden segment, with Dan Pennington leading the wild bird and private label business. Both will report to EVP Michael Reed.

October 30, 2013

The Home Depot house brand has a new look, and according to the company, some new quality control.

Jim Recore, divisional merchandise manager for private brands at The Home Depot describes the Husky brand as one of about four that are “absolutely key to the success of our private label program.” 

Home Depot changed the color emphasis -- from red to black -- and also some improvements to the grips and handles and overall design of the tools.

October 21, 2013

A group of private investors in New York has gone in on a majority interest in Fort Myers-based agribusiness Alico Inc., one of the largest private landowners in Florida.

The all-cash $138 million deal involves 50.5% of Alico's outstanding voting stock, purchased by 734 Agriculture, a private investment company owned by Remy Trafelet and George Brokaw, in partnership with Arlon Group, a global food and agriculture investment firm.

The majority stake will be valued at $37 per share and is due to close in the next 30 to 45 days.

October 7, 2013

Oak Brook, Ill.-based Ace Hardware has retooled the packaging for its builders hardware department.

According to Cynthia Brasic, Ace brand manager, the new color-coded labels help make the selection process easier for the consumer. It’s the first packaging makeover in the co-op’s builders hardware aisle in about 20 years, she said.

September 27, 2013

Boise, Idaho-based BMC announced the closing of its $250 million aggregate principal amount private offering of Senior Secured Notes due 2018.

BMC used the net proceeds of the Senior Secured Notes offering to refinance its term loan, pay down its asset-based lending revolver, and pay related fees and expenses. BMC intends to use the remainder of the net proceeds for general corporate purposes. 

September 18, 2013

Short of disclosing further details regarding the transaction, private equity fund Generation Growth Capital, Inc. has announced the sale of Martell Construction, Inc.

“We are very pleased with our investment in Martell and wish the ownership group continued success in taking the company to the next level,” said Cory Nettles, managing director of GGC.

September 12, 2013

Atlanta-based Newell Rubbermaid announced it has closed the sale of its Hardware business, which includes the Amerock, Ashland, Bulldog and Shur-Line brands, to Nova Capital, a specialist acquirer of corporate and private equity portfolios. 

The transaction was first announced Aug. 9.