Read and discuss: Another mega deal?

3/6/2018

Investment firm Kelso & Company is reportedly in deep discussions with the owners of US LBM Holdings to acquire the fast-growing network of lumberyard businesses.


Various news reports had written as early as April about the possibility of a sale of the Green Bay, Wisconsin-based US LBM Holdings. US LBM continues to withhold comment on the possibility of a sale.


Sources cited by Reuters put the value of the deal at about $1 billion, including debt. [Read the Reuters article here.] By comparison, the mega deal announced by Builders FirstSource to acquire ProBuild and create the largest building materials distributor in the United States was described as a $1.63 billion deal.


[Click here to follow the significant growth of US LBM since its formation in late 2009.]


What are your thoughts on the possibility of the sale of US LBM? Join the discussion below.


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