Content about Private equity

April 3, 2012

A former co-founder of Building Industry Partners has formed a new venture that targets privately owned “middle market” LBM companies. Anchor Peabody LLC, founded by Jason Fraler, offers private equity capital, mergers and acquisitions and debt advisory to the building and construction industry. 

Joining the firm’s advisory board is Tony DeCarlo, the former CEO of Lumbermens Merchandising Corporation (LMC).

January 12, 2012

Waypoint Real Estate Group, one of the nation's leading acquirers of distressed, single-family properties, and GI Partners, a mid-market private equity firm, have announced a partnership where they will acquire and then rent out more than $250 million in single-family homes. Ultimately, GI hopes to invest more than $1 billion in distressed and foreclosed homes over the next two years, with Waypoint managing the acquisitions and rental conversions.

May 11, 2011

Building Industry Partners (BIP), a private equity investment and mergers & acquisitions advisory firm specializing in the middle-market U.S. building industry, has announced the formation of its Debt Advisory & Placement Practice, which will leverage its relationships with the lender community to advise building products companies in restructuring and/or refinancing existing loans, as well as sourcing and optimizing terms on new senior, mezzanine and/or other debt capital.

April 12, 2011

Chip Hornsby, former president and CEO of Wolseley, has joined Advent International’s Operating Partner Program. Hornsby will advise Advent, a global investment and corporate buyout firm, on opportunities in the distribution and building products sector. Hornsby will principally work with Advent’s U.S. deal team, which is looking to invest up to $1 billion of equity capital, according to an Advent spokesperson.

March 23, 2011

Cary, N.C.-based exterior products manufacturer Ply Gem Holdings posted 2010 sales of $995.9 million, up 4.7% from 2009.

Net income for the full year ended Dec. 31, 2010, was $27.7 million, compared with a loss of $76.8 million in the prior year.

December 3, 2008

Worthington Industries has named B. Andrew Rose as CFO of the company beginning Dec. 1....

August 10, 2008

Bradco Supply, a family owned building materials distributor with locations in 30 states, has sold...

July 20, 2008

Five months after its founder retired, Bradco Supply announces it has sold a majority stake...

August 29, 2007

The company expects to net approximately $7.9 billion in cash proceeds from the sale....

July 15, 2007

Given enough time and the right economic conditions, HD Supply’s all-encompassing business model might have...