BMC Stock Holdings entered a definitive purchase agreement to acquire TW Perry, continuing a pattern of major mergers and acquisitions in the LBM industry during the second half of 2020. TW Perry, the 34th largest company on the 2020 ProSales 100, is a premier value-added supplier serving the northern Virginia, Maryland, and Washington, D.C., markets.

“We look forward to welcoming the associates of TW Perry to the BMC team,” Dave Flitman, president and CEO of BMC, said in a news release. “We are impressed with their pro remodel business, highly diverse customer base, and value-added product mix, which is aligned with BMC’s core strategy. This addition will expand our portfolio in the growing northern Virginia, Maryland, and D.C. markets.”

TW Perry, founded in 1911, operates six lumber yards, retail stores, a design studio, a custom millwork operation, and a truss manufacturing facility. The company supplies lumber, building materials, doors and windows, hardware, decking and railing products, paint, and power tools to professional remodelers and custom builders. TW Perry also offers a selection of millwork products, including more than 250 in-stock moulding profiles.

TW Perry generated nearly $200 million in total net sales for the twelve month period ending on September 30, 2020, according to BMC.Earlier in November, TW Perry acquired the assets of Hyattsville, Md.-based Peoples Supply. BMC expects the acquisition of TW Perry to be completed in December 2020.

BMC’s acquisition of TW Perry comes as the company finalizes its merger with fellow LBM giant Builders FirstSource (BFS). The merger with BFS would create an $11 billion dealer. The companies recently announced they received clearance under the Hart-Scott-Rodino Antitrust Improvements Act (HSR Act) and expect the merger to close either at the end of the calendar year or in early 2021.

Raleigh, N.C.-based BMC currently serves 45 metro areas across 18 states, principally in the south and west of the United States.