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New Deal


Announced

Completed

Foundation Building Materials completed the acquisition of Marriott Drywall Materials.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

drywall and accessories

Acquisition

Domestic

United States

Single Bidder

Private

Majority

Building Materials: Other

Completed

Synopsis

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Foundation Building Materials, one of the largest specialty distributors of wallboard, suspended ceilings systems, metal framing, and complementary products in North America, completed the acquisition of Marriott Drywall Materials, an independent distributor of drywall and accessories, steel framing, insulation, tools, and fasteners. Financial terms were not disclosed. "The addition of Marriott further builds our residential and commercial market presence in the Milwaukee metropolitan area. With a strong track record of unparalleled customer service, Marriott is a welcome addition to the FBM network," Ruben Mendoza, FBM President and CEO.

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