Builders FirstSource has added L&P Building Supply, a Las Cruces lumberyard and truss and wall panel maker serving southern New Mexico and El Paso.
Builders FirstSource announced it has acquired L&P Building Supply in Las Cruces, New Mexico.
L&P serves customers in southern New Mexico and El Paso, Texas, with lumber, building materials and manufactured components, including trusses and wall panels. Today it operates a full service lumberyard and an on site truss and wall panel manufacturing facility.
The company’s name reflects its early focus on lath and plaster. It still offers stucco but has grown into a regional supplier of lumber, building materials and components.
1st West Mergers and Acquisitions represented L&P in the deal, according to Managing Director John Wagner. The transaction marks the firm’s third completed deal with Builders FirstSource.
Wagner said M&A activity in the lumber and building materials sector remains strong despite interest rate headwinds. “Strong LBM businesses continue to attract buyer interest, even in challenging markets. We were honored to advise L&P on this successful sale,” he said.
L&P joins Gleckler & Sons, Innovative Construction Group, Precision Design and Trim, and Premium Building Components, all of which joined Builders FirstSource this year.