Webb Analytics’ 2021 Deals Report Shows Sharp Rise in Acquisitions and Openings for LBM Firms
Study also shows how Builders FirstSource has evolved since merging with BMC
Pro-oriented, residentially focused construction supply companies acquired 671 locations and opened 154 others in 2021, capping one of the busiest years ever for lumberyards, specialty dealers and related firms, Webb Analytics’ just-released 2021 Deals Report finds.
This year’s version of the consulting company’s annual report counts 148 mergers and acquisitions last year by 73 entities. That’s a 21% increase over the number of lumber and building material sector deals in 2020. Meanwhile, the number of greenfield openings more than doubled 2020’s total.