The driving force to create Builders FirstSource was the desire to provide professional
class building materials and services to the country's homebuilders and remodelers.
In the 1990's, the building materials industry changed significantly. Homebuilders
began to grow by acquisition, creating large national competitors. Building materials
manufacturers also consolidated at this time. It was inevitable that the building
material supply industry - those companies between the consolidating manufacturers
and consolidating homebuilders - experienced the same trend. Builders FirstSource
was born from this industry evolution.
In March 1998, a management team supported by JLL Partners, a private investment
firm with significant committed capital, made its first acquisition. Builders FirstSource
continued to grow through a combination of strategic acquisitions and internal expansion.
Since March of 1998, the company has acquired and integrated twenty-six companies.
In June 2005, Builders FirstSource completed an initial public offering of its common
stock, after which JLL Partners continued to own a majority of the company. Warburg
Pincus Private Equity IX, L.P. acquired half of JLL’s ownership interest in
The resulting organization generated over $2 billion in annual revenue during the
height of the housing boom in 2005 and 2006. Builders FirstSource currently operates
53 distribution centers and 44 manufacturing facilities in 9 states.
Builders FirstSource seeks to be the leading supplier of structural building materials
and services to homebuilders. The key to our success is our ability to provide personalized
attention to our customers at the local level, while also providing them with the
resources only offered by a large company. Builders FirstSource’s goal is
to provide outstanding products and services to every customer, regardless of size.