Builders FirstSource Acquires Schoeneman's Building Materials Center
May 14, 2024
Builders FirstSource (NYSE: BLDR) has acquired Schoeneman's Building Materials Center, a long-established lumber and building materials dealer headquartered in Sioux Falls, South Dakota. 1stWEST M&A served as advisor to Schoeneman's; the acquisition—completed within 45 days of signing the letter of intent—transfers the business from the Schoeneman family to Builders FirstSource.
- Buyers
- Builders FirstSource
- Targets
- Schoeneman's Building Materials Center
- Sellers
- Schoeneman family
- Industry
- Building Products
- Location
- South Dakota, United States
- Transaction Type
- Buyout
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