US LBM announced a definitive agreement for Platinum Equity to acquire a stake in the company from its current private equity partner, Bain Capital Private Equity, with both parties having equal ownership stakes and joint board governance. 

First announced in January, the acquisitions means ABC Supply will acquire 42 locations in 12 states that primarily sell and distribute interior building materials.

The divisions and their subsidiaries currently operate 42 locations in 12 states and primarily sell and distribute interior building materials.

The new location will operate under US LBM's Universal Supply division.

Five nationally ranked college basketball teams will participate in this year's event.

Comtech manufactures floor and roof trusses and provides engineered wood products to builders in the Carolinas.

Georgia Truss designs, manufacturers and supplies roof and floor truss components to contractors, developers and multifamily, commercial and residential builders in the Atlanta area.

Deco Truss is primarily a manufacturer and supplier of structural roof and floor trusses to customers in South Florida and the Caribbean.

Short will lead US LBM’s building materials sourcing and procurement strategy and supply chain operations, supporting the company’s more than 400 locations nationwide.

Universal Supply and Bucks County-based contractor Eiseman Construction teamed up for a $14-million project to replace original cedar roofing in a 171-home community in Pennsylvania.