Dealers might not have felt busy in October, but the dealmakers certainly were. On Oct. 11, Hammond Lumber of Belgrade, Maine, announced it acquired three locations from Sanford, Maine-based New England Building Materials. Hammond is ranked No. 36 on the ProSales 100.
Hundman Lumber, based in Bloomington, Ill., revealed Oct. 24 that it will merge with Aurora, Ill.-based Alexander Lumber. The deal is expected to close during the first quarter of 2012 and will bring both companies together under the Alexander name. Hundman, No. 68 on the ProSales 100, operates seven locations, while Alexander has 23 facilities.
Oct. 28 brought news that BlackEagle Partners, the private equity firm that owns US LBM, acquired Lyman Lumber Co., an Excelsior, Minn.-based dealer. No. 21 Lyman filed for bankruptcy Aug. 4 and had agreed to be sold to another holding company before BlackEagle stepped in. The Lyman facilities will become part of US LBM, already No. 14.
There were two more announcements on Halloween. Columbus, Neb.-based Mead Lumber (No. 25 on the ProSales 100) bought three facilities in South Dakota and one in Nebraska from the Fullerton Cos. of Plymouth, Minn.
That same day, SRS Acquisition, a McKinney, Texas-based roofing material dealer and No. 13 on the ProSales 100, announced it signed a letter of intent to acquire Sierra Roofing Supply in Reno, Nev., and S&S Roofing Supply in Hoquiam, Wash.And SRS followed up on Nov. 1 with news it had bought Gateway Roofing Supply in O'Fallon, Ill.