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New Deal


Announced

Specialty Building Products-backed US Lumber Group to acquire Mid-State Lumber.

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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Building Materials: Other

Single Bidder

Private

Friendly

Pending

Domestic

building materials

cement

Majority

United States

wood sliding

Acquisition

Synopsis

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Building product manufacturer Specialty Building Products-backed US Lumber Group to acquire Mid-State Lumber, a local and regional wholesaler of building material products. Financial terms were not disclosed. "Mid-State Lumber is a terrific addition to US Lumber. It is the leading specialty products distributor in its markets, with a loyal following of customers built over multiple generations of family ownership. The Bernstein family, and all of their employees, have built a fantastic business and we are thrilled that they will be joining the US Lumber family. Together we will continue to deliver reliable products and first-class service for customers and suppliers in their markets and across our entire footprint." Jeff McLendon, Specialty Building Products President and CEO.

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