Ringing in the New Year with new holdings

US LBM Holdings finished the year with a bang. Less than a week after announcing a major Texas-based expansion, the company signed up a handful of lumberyard and building products companies in Minnesota and the Dakotas.



With the acquisition of NexGen, US LBM gains a variety of entities, including Minnesota Building Pros, Webster Home Center, Britton Home Center, Truss Pro’s, and Precision Wall Systems.



“We are thrilled to add these great businesses to the US LBM family,” said L.T. Gibson, president and CEO of US LBM. “By extending our products and services into the Upper Midwest, we can strategically serve the industry in that growing market. We are eager to partner with their associates and look forward to future opportunities together in the region.”



The move brings the footprint of the fast-growing holding company to 204 locations in 26 states.



Also in December, US LBM announced the acquisition of Texas-based Parker’s Building Supply.



The move will bolster US LBM’s presence in Texas and California and enhance its ability to serve an expanding customer base in that area.



Former owner Scott Parker will continue in an advisory role, and Chris Miller will become president. Parker’s will continue its relationship with its co-op and distributor, Do it Best Corp. Additionally, the move brings to US LBM the status as one of the largest Do it Best dealers in the country.



“We’re thrilled to join the US LBM team,” said Parker. “Partnering with the right company will continue to position our brand for growth and presents a great opportunity for our associates.”