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Middleton construction software provider WTS Paradigm acquired for $450 million
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Dallas-based Builders FirstSource to acquire WTS Paradigm in $450 million deal
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Builders FirstSource Completes BMC Merger, CEO Succession
Ninety days after originally announcing the merger, Dave Flitman is now CEO of Builders FirstSource, succeeding the retiring Chad Crow.
Apr 1st, 2021
DALLAS Builders FirstSource, Inc. announced Thursday that Dave Flitman has been appointed chief executive officer. The planned transition of the CEO role is taking place 90 days after Builders FirstSource (BFS) and BMC Stock Holdings, Inc. announced the completion of their all-stock merger transaction and coincides with the previously announced retirement plan of Chad Crow.
Flitman“This is truly an exciting time for Builders FirstSource. I firmly believe that growth is what’s at the heart of this merger – consolidating and expanding our reach in a fragmented industry, innovating and building on our value-add offerings, and giving our people the resources needed to deliver the enhanced service our customers expect from us,” Flitman said. “By uniting our companie
Builders FirstSource Sales Improve 17.6% in 2020 Dallas-based building materials distributor Builders FirstSource, fresh off the acquisition of BMC Stock Holdings, said fourth-quarter sales climbed 43.5%. Author
Building materials distributor Builders FirstSource Inc. (Nasdaq: BLDR), Dallas, reported 2020 sales of $8.6 billion, a 17.6% increase compared to 2019. Acquisitions and core organic growth contributed 2.5% and 5.6% of the increase, respectively.
“Record fourth quarter results reflect an exceptional finish to a year of remarkable performance, despite the challenges in 2020,” said Chad Crow, CEO of Builders FirstSource. “Solid momentum from the continued execution of our strategic plan combined with strong residential market tailwinds positions Builders FirstSource to accelerate its success through the recently completed combination with BMC. The combined company provides a broader platform for growth including a deepened presence in the top housing marke
Roofing Distribution Market Proceeds To Witness Huge Upswing Over Assessment Period by 2025 – KSU
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