CEO reflects on the ProBuild mega deal
Crow added that there were many doubters, as Builders FirstSource was more than six times levered when the deal closed. “A lot of people thought we were crazy and would never survive,” Crow said. “From the start, we said our top priorities were to deliver, to integrate and to achieve our synergy target, and we did that plain and simple.”
Crow thanked team members, as well as “those who invested in us five years ago.” He concluded his remarks on the major merger by saying: “Now the time for reflection is over. Everyone back to work.”
In 2015, the company had sales of $3.56 billion. The company's 2019 net sales were $7.28 billion. The company's 16,000 team members operate 400 locations in 77 of the nation's top 100 metropolitan statistical areas.
Crow announced in early 2020 that he intended to retire from Builders FirstSource sometime during the year.