Venture First and TYP64 Acquire Scottsdale Construction Systems

Builders FirstSource Acquires California TrusFrame

September 2, 2021

Building Products

Builders FirstSource, Inc. has acquired California TrusFrame, LLC from TriWest Capital Partners for an enterprise value of US$179.5 million. California TrusFrame, a manufacturer of prefabricated roof trusses, floor trusses and wall panels based in Murrieta, California with four manufacturing facilities, will integrate into Builders FirstSource and its leadership (including CEO Shawn Overholtzer) will join the company.

Builders FirstSource Acquires Valley Truss Company

April 11, 2022

Building Products

Builders FirstSource, Inc. acquired Valley Truss Company, Inc., a Boise-based manufacturer of metal plate connected wood trusses, in a transaction that closed April 1, 2022. Generational Equity advised Valley Truss on the sale as Builders FirstSource expands its footprint and manufacturing capabilities in Idaho and Northern Nevada.

Foundation Software Acquires McCormick Systems

May 7, 2021

Software

Foundation Software, a provider of construction back-office solutions, has acquired McCormick Systems, a Chandler, Arizona–based developer of estimating and digital takeoff software for electrical, plumbing and mechanical trades. The acquisition expands Foundation's product capabilities into estimating and digital takeoff, enabling the company to offer a broader, industry-specific suite to contractors nationwide; terms were not disclosed.

Sterling Infrastructure Acquires Concrete Construction Services of Arizona (CCS)

December 20, 2022

Construction

Sterling Infrastructure, Inc. (NasdaqGS: STRL) acquired Concrete Construction Services of Arizona L.L.C. (CCS) in a tuck-in transaction for a purchase price of $22 million paid in cash and Sterling common stock. CCS, which generates approximately $70 million in annual revenues and provides residential post-tension concrete foundations in the Greater Phoenix area, expands Sterling’s Building Solutions capacity and service offering in Arizona.

Safeguard Investment Advisory Group Acquires Solutions First Financial Group

April 14, 2025

Financial Services

Safeguard Investment Advisory Group has acquired Solutions First Financial Group and opened a new office in Scottsdale, Arizona on April 1, 2025. The deal marks Safeguard's first office outside California as the firm expands its wealth management and retirement planning services into Arizona.

Builders FirstSource Acquires Trussway

September 1, 2022

Building Products

Builders FirstSource (NYSE: BLDR) has acquired Trussway, a Houston-based manufacturer of pre-fabricated roof and floor trusses and value-added building components, which generated approximately $340 million in annualized sales and employs ~1,000 people. The acquisition adds six manufacturing facilities to Builders FirstSource's network, expands its roof and floor truss and multifamily capabilities, and is expected to generate robust free cash flow and synergies within the first 15 months; the purchase was funded with cash on hand and the company’s ABL.