BMC Stock acquires Barefoot & Company
Barefoot supplies specialty building products and builder services in Charlotte market.
BMC Stock Holdings (BMC) has acquired Barefoot & Company, a supplier of specialty products to home builders in the Charlotte, N.C. market.
Along with windows, exterior doors, and hardware, Barefoot also provides installation services for builders. Founded by Bob Barefoot in 1971, Barefoot generated $52 million in net sales for the full year 2018.
“With its reputation for outstanding quality and service excellence, Barefoot is a valuable addition to our product and service offerings in the Charlotte market,” said Dave Flitman, president and CEO of BMC.
As a National Housing Quality (NHQ) certified company, Barefoot is recognized for its commitment to quality products, processes and people, BMC said in prepared statement. Barefoot’s additional offerings include locks, shower doors, mirrors, specialty glass, closet systems, bath accessories, blinds, shades, and shutters.
“Strategic tuck-in acquisitions that enhance our capabilities and higher-margin value-added product portfolio are a key tenet of our strategy,” Flitman said. “We will continue to create opportunities to better serve our customers and drive shareholder value. We welcome Barefoot’s employees to the BMC family and look forward to continuing Barefoot’s reputation of providing outstanding service and quality products to its customers.”
BMC serves 45 metropolitan areas across 19 states, principally in the South and West regions, with annual sales of about $3.4 billion.
On Jan. 14, BMC announced a trio of executive appointments with Timothy Johnson being named executive vice president and general counsel, Joyce Vonada appointed as chief information officer, and Gary Gross installed as vice president of pro-remodeling.
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