Builders FirstSource (NASDAQ: BLDR) More Strong Housing Trends

In the 1990?s, homebuilders began to grow by acquisition, creating large national competitors. It was inevitable that manufacturers and homebuilders also consolidated and experienced the same trend. Builders FirstSource (NASDAQ: BLDR) was born from this industry evolution. Its driving force was the desire to provide professional class building services to the country’s homebuilders and remodelers.

It made its first acquisition in March 1998. Since then, Builders First Source has acquired and integrated twenty-six companies. Completing its initial public offering of its common stock in June 2005, JLL Partners continued to own a majority of the company.

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