A $1 billion year for Anchor Peabody and LBM transactions
Anchor Peabody, an investment firm specializing in the building products and construction industry, announced their transaction results for the 2021 calendar year, including more than $1 billion in transaction value in the lumber and building materials (LBM) sector.
“These results--the highest of any investment bank working in the LBM sector--speak for themselves. We are the go-to bank for LBM companies looking for merger and acquisition advisory services,” said Anchor Peabody Managing Partner and Co-Founder Jason Fraler.
Anchor Peabody’s $1 billion-plus in LBM transaction value in 2021 is comprised of four sell-side deals, including:
- Phoenix, Ariz.-based Alliance Lumber to Builders FirstSource.
- Cape Cod, Mass.-based Mid-Cape Home Centers to US LBM.
- Traverse City, Mich.-based Northern Building Supply to US LBM.
- Raleigh, N.C.-based Professional Builders Supply to US LBM.
Anchor Peabody represented Alliance Lumber and Professional Builders Supply in the two high-level, strategic importance transactions uring 2021.
Alliance is the largest independently operated supplier of building materials in Arizona, recognized as one of the fastest-growing housing markets in the United States. Professional Builders Supply is one of the largest independent LBM suppliers in North and South Carolina.
“Anchor Peabody’s deep industry knowledge and relationships within the LBM space enabled us to achieve incredible outcomes for these companies in 2021,” said Fraler. “We look forward to building on this success in 2022 as we continue to grow our business in the sector and across the rest of the building products industry.”
In 2022, Anchor Peabody said that it plans to capitalize on growth opportunities and expand its team of senior bankers and executives across the building products industry, including flooring, outdoor living, and construction services.
