DELRAY BEACH, Fla.--(BUSINESS WIRE)--Anchor Peabody is pleased to announce that it has represented Homestead Building Systems, a turnkey structural building components manufacturer and distributor in the Mid-Atlantic region, in its Sale to US LBM, a leading distributor of specialty building materials in the United States.
Founded in 1996, Homestead Building Systems operates a 29-acre manufacturing facility in Orange, Va. and distribution center in Bristow, Va. Homestead Building Systems serves framing and building contractors for single-family and townhome projects throughout the Washington D.C., Richmond and Charlottesville metropolitan areas.
Anchor Peabody, the most active investment bank in the lumber and building material industry, served as the exclusive financial advisor to Homestead and its shareholders. “Congratulations to Dave Baird and his team not just for a successful transaction, but for building one of the premier component businesses in the mid-Atlantic. This partnership with US LBM makes a ton of sense, and we were honored to play a role in getting you there,” said Managing Partner Jason Fraler.
Anchor Peabody was founded in 2011 with the sole mission of providing the building industry with the most professional, informed, useful, and unbiased M&A advice.
About Anchor Peabody
Anchor Peabody is a premier investment banking firm comprised of former owners, operators and investors in the building products and construction industry. The firm combines over 100 years of capital markets and mergers & acquisition experience with a modern approach to investment banking. Anchor Peabody prides itself on providing outsized outcomes for its clients, by maximizing banker satisfaction, both professionally and personally. For more information, please visit: www.anchorpeabody.com.
