NewsRamp®’s Post

HG HomeClub looks at hundreds of articles every day. We choose the best ones to share with our readers. This gives you a quick look at what's happening in the home improvement industry. The article below is one we picked. Owens Corning's acquisition of Masonite® International Corp. is a strategic move that strengthens the company's position as a leader in the building materials industry. As reported by Door and Window Market [DWM] magazine, this $3.9 billion deal not only expands Owens Corning's product offerings but also brings in Chris Ball, a seasoned executive, to lead the newly acquired doors business. By leveraging their combined expertise, operational capabilities, and innovation, Owens Corning is poised to deliver enhanced value to customers and drive growth in the market. This acquisition marks an exciting new chapter for the company, as it continues to transform and adapt to the evolving needs of the building and construction sector. Read more: https://lnkd.in/dJiqn23J Visit our website for more updates: https://hghomeclub.com/ #OwensCorning #MasoniteAcquisition #BuildingMaterials #IndustryLeadership #HGHomeclub

HG HomeClub looks at hundreds of articles every day. We choose the best ones to share with our readers. This gives you a quick look at what's happening in the home improvement industry. The article below is one we picked. Beacon Building Products's acquisition of General Siding Supply is a strategic move that significantly enhances its presence in the Midwest, offering a broader range of products and services to building contractors. As detailed in the press release, this acquisition not only expands Beacon's branch network with five new locations but also aligns with its Ambition 2025 plan for growth and market leadership. By integrating General Siding's expertise and product catalog, Beacon strengthens its commitment to providing high-quality building materials and innovative solutions to its customers. This development is a positive step towards achieving above-market growth and serving a wider customer base. Read more: https://lnkd.in/eYZiMuwX Visit our website for more updates: https://hghomeclub.com/ #BeaconRoofing #GeneralSidingSupply #BusinessGrowth #MidwestExpansion #BuildingMaterials #HGHomeclub

Last week, SLX Capital closed on a Class-A retail shopping center in Roanoke, TX. This deal was significant as it marked our first official project together! The process from LOI to contract, due diligence, financing, funding and closing is always exciting... But the real fun starts after you close: - Introducing yourself to the tenants - Ensuring they know who you are - Frequent site visits and surrounding areas - Setting up utilities, trash, pest control and landscaping - Developing and executing maintenance best practices - Rent collection, reporting, budgeting and financials Plus many more responsibilities and situations you'll never fully predict! We pride ourselves on being hands-on. The best way to learn anything is to put yourself in the position of every vendor that you hire to do the work. The second best way to retain your education is to document every detailed process so it can be efficiently replicated for future deals. #acquisitions #commercialrealestate #propertymanagement

🏢 Exciting news in the roofing industry! Cornerstone Building Brands, Inc. has agreed to acquire Mueller Supply Company, Inc., a key player in residential metal roofing and steel manufacturing. This acquisition marks a significant move that is set to reshape the market landscape and create new opportunities for growth and innovation. 🌟 Here are some predictions and insights on what this acquisition could mean for the industry: - Enhanced product offerings: Combining Cornerstone Building Brand's expertise with Mueller's quality products could lead to a broader range of innovative solutions for customers. - Market expansion: The acquisition may open up new markets for both companies, allowing them to reach a wider customer base and strengthen their position in the industry. - Increased competitiveness: By pooling resources and leveraging each other's strengths, the merged entity could become a formidable competitor in the roofing sector. - Focus on sustainability: With environmental concerns rising, this partnership could drive a greater focus on sustainable practices and eco-friendly roofing solutions. 🚀 Keep an eye on this development as it unfolds—it's sure to bring about exciting changes and advancements in the roofing market. Stay tuned for further updates on how this strategic move will shape the future of the industry. #RoofingIndustry #Acquisition #Innovation

Barratt-Redrow merger competition concerns limited to Shropshire https://lnkd.in/eGNbywQX The Competition & Markets Authority has found that Barratt’s £2.5bn deal to purchase Redrow Homes raises competition concerns only in one specific part of the country. Read Full Article: The Construction Index #Construction #UKConstruction #Building #Infrastructure #Engineering #ProjectManagement #ConstructionNews #InnovationInConstruction #SustainableConstruction #MegaProjects

PrimeSource Building Products, a North American provider of specialty branded residential building products backed by Clearlake Capital Group, L.P., announced today that it has acquired Cobra Anchors a provider of branded hollow-wall, universal, and masonry anchors. The transaction is PrimeSource Brands’ fifth acquisition since partnering with Clearlake in December 2020. Based in Montreal, Quebec, Canada, Cobra offers a portfolio of over 1,000 SKUs focused on hollow-wall, universal and masonry anchors. The combination with Cobra enhances the PrimeSource Brands portfolio of branded products and expands the Company's reach into the home center, lumberyard and specialty retail channels. "In partnership with the PrimeSource Brands team, we continue to deploy our O.P.S.® playbook to capitalize on the Company's footprint and logistics network and channel reach by expanding the branded product portfolio across residential building product applications,” said José E. Feliciano, Co-Founder and Managing Partner, and Colin Leonard, Partner, of Clearlake. “We look forward to continuing our exciting growth trajectory with both organic and acquisition initiatives going forward." #PrivateEquity #Investment #Acquisition #Growth #BuildingMaterials #PrimeSourceBuildingProducts #CobraAnchors https://lnkd.in/gtG8biNM

Case Study: Agency Acquisition - Castlewood ⭐ Client: Charles Pugh Glass Objective: Urgent acquisition of additional premises ✅Approach: ⭐Received urgent instructions to acquire premises for Charles Pugh Glass ⭐Leveraged extensive local and national contacts to source options meeting criteria (25,000 – 35,000 sq ft) in Derbyshire ⭐Provided strategic advice throughout the process ⭐Successfully negotiated terms for a brand new unit on a freehold basis ✅Outcome: ⭐Swift completion facilitated through collaboration with in-house team and external advisors ✅Result: ⭐The client's need for additional premises met effectively ⭐Seamless acquisition process achieved through proactive collaboration #RealEstate #CommercialProperty #SuccessStory #AgencyAcquisition

Case Study Example 🌟 Agency Acquisition - Slough 🌟Instructions received from Charles Pugh Glass to relocate to larger premises in Slough 🌟Utilising our extensive local and national contacts to source a range of opportunities on both a freehold and leasehold basis meeting the criteria of c10,000 sq ft 🌟Providing advice and recommendations 🌟Agreeing terms on the brand new unit on a leasehold basis 🌟Simultaneously providing interim rent and dilapidations advice on existing unit #CaseStudy #AgencyAcquisition #Acquisition #Lease #CommercialProperty

🔥 M&A is a hot topic in the building materials industry. But what percent of businesses are actually getting acquired? The Nickel team asked 500 suppliers to find out. Here are the results 👇 A quick note about our methodology: → Tried our best to pick 100 businesses at random in five product segments → Only asked retailers and two-step distributors → Exclude businesses generating more than $100M in annual revenue (estimated based on headcount) 🎯 THE RESULT: Out of 466 businesses that we heard from, 14 or 3% were acquired in the last three years → Windows & Doors: 0/91 (0%) → Millwork and flooring: 1/98 (1%) → Interior fixtures (lighting, kitchen & bath, etc): 2/94 (2%) → Lumber: 6/87 (7%) → MEP (excluding fixtures): 5/96 (5%) 💰 Who made the acquisitions? Private Equity Firm: 7/14 (50%) Larger Competitor: 5/14 (35%) Merged with a Peer: 2/14 (15%) What do you think about these results? They're by no means scientific. But are they consistent with what you're seeing/hearing? #Construction #ConstructionMergers #ConstructionMarketTrends #ConstructionTech

Did you know? 💡 Partnering with companies that have complementary capabilities can open doors to new markets for building manufacturers. According to a study by Frost & Sullivan, such partnerships resulted in an average revenue increase of 21.3%! #BuildingManufacturers #Partnerships