CD&R Becomes Investment Partner with American Securities in Foundation Building Materials
In a significant move within the building materials sector, the renowned private equity firm Clayton, Dubilier & Rice (CD&R) has announced a new partnership with American Securities LLC. This collaboration involves an investment in Foundation Building Materials (FBM), one of the largest specialty distributors of wallboard and suspended ceiling systems in North America. FBM, which caters to the construction industry, has seen a solid growth trajectory and the addition of CD&R as an investment partner is anticipated to further strengthen its market position and expansion prospects.
Strategic Expansion
CD&R's decision to partner with American Securities is a testament to FBM's potential and the growing demand for building materials. By leveraging CD&R's expertise in industry consolidations and operational improvements, FBM is expected to enhance its service offerings and customer reach. The partnership aims to capitalize on the robust construction market and FBM's extensive network of branches across the United States and Canada.
Benefits of the Partnership
The joint expertise of CD&R and American Securities is poised to provide a substantial boost to FBM's strategic plans. With this alliance, FBM hopes to optimize its distribution capabilities, broaden its product portfolio, and deliver even more value to its customers. The firms share a common vision of cultivating a top-tier building materials distributor that can navigate the shifting tides of the construction industry effectively.
investment, partnership, expansion