Builders FirstSource® Acquires Schoenemans Building Materials Center
Summary
Due to Builders FirstSource’s remarkably efficient due-diligence process, the Schoenemans acquisition was closed within 45 days of the signing of the letter of intent. They provide convenient and exceptional service for their customers and support their communities in South Dakota and Iowa,” according to the company. Great companies continue to find excellent acquisition values, and acquirers clearly have the liquidity to add to their portfolios,” said John D. Wagner, a Managing Director at 1stWEST M&A. “In this case, Builders FirstSource has obtained a real gem in its acquisition of Schoeneman’s, a company whose top-shelf reputation stretches far and wide.” 1stWEST Mergers & Acquisitions is a full service, international investment banking and advisory firm that is focused on the lower middle-market of companies, where it has transacted more than $1.4 billion in deal values. With Managing Directors in the US, Mexico, Panama, Peru, Brazil, Argentina and Chile, 1stWEST M&A is uniquely positioned to serve its clients around the globe.