Builders FirstSource (BFS) acquired independent value-added building products producer California TrusFrame, LLC (CTF) for $179.5 million.
Established in 1982, CTF is a designer and manufacturer of prefabricated structural building components, including roof trusses, floor trusses, and wall panels, supplying home builders, framers, and general contractors in the single-family and multi-family end markets. CTF president and CEO Shawn Overholtzer, along with the rest of the company’s employees, will join BFS upon closing. CTF operates four manufacturing facilities in Hughson, Sanger, and Perris, Calif. CTF reported trailing twelve months sales of approximately $143 million as of July 31, 2021.
“We are pleased to strengthen our broad portfolio of industry-leading solutions and value-added products with the acquisition of CTF,” Dave Flitman, president and CEO of Builders FirstSource, said in a news release. “CTF’s uniquely positioned operations will allow us to expand our offerings and production capacity in the largest housing market in the country, delivering benefits to our new and existing customers. We are excited to welcome Shawn and the rest of the CTF team to Builders FirstSource and look forward to enhancing our established platform and resources to further grow our value-added capabilities in this important market.”
Dallas-based BFS operates in 39 states with approximately 550 locations and has a market presence in 47 of the top 50 and 86 of the top 100 MSAs. The company provides value-added products such as roof and floor trusses, wall panels, stairs, vinyl windows, custom millwork and pre-hung doors. BFS also distributes dimensional lumber and lumber sheet goods, millwork, windows, interior and exterior doors, and other building products. The dealer has expanded recently through its mega-merger with BMC Holdings and its acquisitions of Michigan-based John’s Lumber and Arizona-based Cornerstone Building Alliance. In June, the company acquired software solutions provider WTS Paradigm.
