OVERVIEW
With a market cap of $17.5B and $23B in annual revenue, Builders FirstSource (BFS) is the nation’s largest supplier of structural building products, value-added components and services to the professional market for new residential construction and repair and remodeling. BFS has more than 550 distribution and manufacturing locations, a presence in 42 states and 86 of the top 100 Metropolitan Statistical Areas. RCR was engaged in 2014 to assist a predecessor company and after hundreds of transactions, RCR continues to advise throughout the portfolio. There is no team across the globe that has more experience in LBM real estate advisory than RCR.
RESULTS
In 2014 RCR was engaged to represent predecessor Stock Building Supply at a time when the organization operating 110 locations. Following a number of acquisitions and a merger with Atlanta based BMC, the organization grew to nearly 200 locations. In 2020, after completing a merger with BFS, the new organization became the largest supplier in the industry with over 550 locations. RCR has advised on a huge variety of projects including complex multi-parcel lease structuring, manufacturing facilities, acquisitions, dispositions, subleases, lease restructuring, relocations, build-to-suits, sale-leasebacks, FMV Analysis, and BOV Analysis, M&A advisory. Our work includes a variety of facilities from manufacturing, distribution, lumber yards, truss plants, rail served facilities, land, showroom, and office. Over the last decade, no team has completed more transactional real estate and advisory service work in the LBM sector than RCR.
