Builders Firstsource Acquires California Trusframe, California’S Largest Independent Truss Manufacturer
Sep 02, 2021•almost 4 years ago
Acquiring Company
Builders FirstSource
Acquired Company
Builders FirstSource
Description
Builders FirstSource, Inc. (NYSE: BLDR) (“Builders FirstSource” or the “Company”), today announced it has acquired California TrusFrame, LLC (“CTF”), the largest independent producer of value-added building products in California, for $179.5 million.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed