On the Record · Foundation Building Materials
Foundation Building Materials acquisitions, on the record
The businesses Foundation Building Materials bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Construction Products Distribution business division of Superior Plus Corp (Winroc-SPI)Word for word“Through the acquisition of the Construction Products Distribution business division of Superior Plus Corp, or Winroc-SPI, we gained exposure to the mechanical insulation distribution market in North America.” 10-K for 2017 | acquisition | — | — |
FBM Intermediate Holdings LLC (the Company, by Lone Star)Word for word“On October 9, 2015, 100% of the outstanding equity of FBM Intermediate Holdings LLC was acquired by investment funds, or affiliates of investment funds, advised, managed or controlled by Lone Star Fund IX (U.S.) L. P., which we refer to in this Annual Report on Form 10-K together with certain of its affiliates and associates (excluding us and other companies it owns as a result of its investment activities), as Lone Star, along with certain members of management for approximately $560.0 million.” 10-K for 2017 | acquisition | October 9, 2015 | approximately $560.0 million |
28 acquisitions completed from 2013 through the end of 2017Word for word“From 2013 through the end of 2017, our management team has identified and closed 28 acquisitions.” 10-K for 2017 | acquisition | From 2013 through the end of 2017 | — |
Mechanical Insulation segment (the Disposed Business)Word for word“On November 1, 2018, we completed the sale of our Mechanical Insulation segment, or the Disposed Business, to SPI LLC, an unrelated third party controlled by Dunes Point Capital and its associated funds, for approximately $122.5 million (subject to certain adjustments).” 10-K for 2018 | divestiture | On November 1, 2018 | approximately $122.5 million (subject to certain adjustments) |
Agan Drywall Supply, Inc., Agan Drywall Supply Rapid City, Inc., and Agan Tri-State Drywall Supply, Inc.Word for word“Acquisitions Effective Date of Acquisition Branch Locations # of Branches Acquired Agan Drywall Supply, Inc., Agan Drywall Supply Rapid City, Inc., and Agan Tri-State Drywall Supply, Inc. October 1, 2018 SD, IA 3 Ciesco, Inc. and Commercial Specialty Supply LLC August 1, 2018 PA,VA 6 ArmCom Distributing Company February 1, 2018 MN, ND, SD, NE 5 RM Supply, Inc. February 1, 2018 MO 2 Total 16 34” 10-K for 2018 | acquisition | October 1, 2018 | — |
Ciesco, Inc. and Commercial Specialty Supply LLCWord for word“Acquisitions Effective Date of Acquisition Branch Locations # of Branches Acquired Agan Drywall Supply, Inc., Agan Drywall Supply Rapid City, Inc., and Agan Tri-State Drywall Supply, Inc. October 1, 2018 SD, IA 3 Ciesco, Inc. and Commercial Specialty Supply LLC August 1, 2018 PA,VA 6 ArmCom Distributing Company February 1, 2018 MN, ND, SD, NE 5 RM Supply, Inc. February 1, 2018 MO 2 Total 16 34” 10-K for 2018 | acquisition | August 1, 2018 | — |
ArmCom Distributing CompanyWord for word“Acquisitions Effective Date of Acquisition Branch Locations # of Branches Acquired Agan Drywall Supply, Inc., Agan Drywall Supply Rapid City, Inc., and Agan Tri-State Drywall Supply, Inc. October 1, 2018 SD, IA 3 Ciesco, Inc. and Commercial Specialty Supply LLC August 1, 2018 PA,VA 6 ArmCom Distributing Company February 1, 2018 MN, ND, SD, NE 5 RM Supply, Inc. February 1, 2018 MO 2 Total 16 34” 10-K for 2018 | acquisition | February 1, 2018 | — |
RM Supply, Inc.Word for word“Acquisitions Effective Date of Acquisition Branch Locations # of Branches Acquired Agan Drywall Supply, Inc., Agan Drywall Supply Rapid City, Inc., and Agan Tri-State Drywall Supply, Inc. October 1, 2018 SD, IA 3 Ciesco, Inc. and Commercial Specialty Supply LLC August 1, 2018 PA,VA 6 ArmCom Distributing Company February 1, 2018 MN, ND, SD, NE 5 RM Supply, Inc. February 1, 2018 MO 2 Total 16 34” 10-K for 2018 | acquisition | February 1, 2018 | — |
FBM Intermediate Holdings LLCWord for word“On October 9, 2015, 100% of the outstanding equity of FBM Intermediate Holdings LLC was acquired by investment funds, or affiliates of investment funds, advised, managed or controlled by Lone Star Fund IX (U.S.) L.P., which we refer to in this Annual Report on Form 10-K together with certain of its affiliates and associates (excluding us and other companies it owns as a result of its investment activities), as Lone Star, along with certain members of management for approximately $560.0 million.” 10-K for 2018 | acquisition | On October 9, 2015 | approximately $560.0 million |
Winroc-SPIWord for word“In August 2016, we entered the Canadian market when we acquired Winroc-SPI, which also included our mechanical insulation segment, which was subsequently sold on November 1, 2018.” 10-K for 2018 | acquisition | August 2016 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2016-12-31 | $401.9 million | — |
| 2017-12-31 | $73 million | $26.7 million |
| 2018-12-31 | $93.5 million | $34.3 million |
| 2019-12-31 | $33.8 million | $9.4 million |
Deal filings since 2016
- 2021-01-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-01-29 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2020-11-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-09-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-11-01 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2018-09-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-08-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Foundation Building Materials’s annual reports (10-K for 2019, 10-K for 2018, 10-K for 2017) and the financial data it files with the SEC, as of 2020-02-25. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.