Builders FirstSource Acquires California TrusFrame
Builders FirstSource, Inc. announced the acquisition of California TrusFrame, LLC, the state’s largest independent producer of value-added building products, for $179.5 million.
CTF, founded in 1982, is a leading designer and manufacturer of prefabricated structural building components such as roof trusses, floor trusses, and wall panels, supplying home builders, framers, and general contractors in California’s single-family and multi-family end markets.
CTF is led by President and Chief Executive Officer Shawn Overholtzer, who will join Builders FirstSource along with the rest of its employees upon closing, and operates four strategically located manufacturing facilities in Hughson, Sanger, and Perris, California.
“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, stated.
“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.”
As of July 31, 2021, CTF reported trailing twelve-month sales of approximately $143 million.