LBM ’26 M&A Action Could Trail Past Two Years

Construction Supply facilities acquired (blue pins), newly opened (green), and closed (red), YTD 2026. Source: Webb Analytics

By Craig Webb, President, Webb Analytics

How quiet is LBM’s M&A market? There hasn’t been a multi-yard acquisition announced since Sept. 1, when Builders FirstSource said it purchased the 11-unit, Florida-based Gleckler & Sons Building Supplies. Elsewhere, Rycenga Lumber bought Weber Lumber of nearby Muskegon, MI, and R.P. Lumber purchased White Mountain Lumberof Green River, WY.

We now have seen 830 locations change hands so far this, according to Webb Analytics’ database. That’s far behind the 1,825 locations acquired in all of 2025 and 1,160 taken over in all 2024.

On the other hand, there have been roughly a dozen openings. Among them:

  • CFE Lumber set up shop in Hawarden, IA.
  • ABC Supply opened new roofing outlets in Hattiesburg, MS, and Royse City, TX.
  • ABC Supply Interiors, the drywall arm formerly known as L&W Supply, opened in Chandler, AZ.

  • R.P. Lumber opened a new store in Monmouth, IL.
  • Lowe’s expanded with a new home center in Walton, KY, while The Home Depot planned to open this month a home center in Lecanto, FL.
  • New hardware stores opened in Stow, OH; Pullman, WA; Hot Springs, AR.
  • The Home Depot’s SRS Distribution put two branded GMS stores into the same location in Dartmouth, Nova Scotia. One was D.L. Building Materials, a gypsum specialist, while the other was Peridot Supply, a roofing specialist.

Welcome To EquiNova Capital

EquiNova Capital Partners LLC is the new company launched by Michael Collins and Walk Kurek following their years as Managing Directors of Building Industry Advisors. EquiNova invests private equity capital in middle-market companies and provides merger and acquisition advisory services. 

We Can Answer Your Most Pressing M&A Questions

  • How do the most active buyers in today’s market value my company?
  • What parts of the business should I change to improve its valuation?
  • When is the right time to sell?

These are questions that are commonly asked by the owners of building products manufacturers and distributors. Our work in selling and raising capital for companies puts us in a unique position to help answer these important questions. Regardless of when you might decide to approach the market, please contact me to have a confidential discussion about your company and ways to maximize its value for the owners. 

Michael Collins
Work 312-854-8036
Cell 312-282-5462