Trussway Acquired by Builders FirstSource

Builders FirstSource, Inc. has acquired Trussway, a $340 million annualized sales provider of pre-fabricated roof and floor trusses as well as value-added building components and services, including for the multifamily sector.

“We are thrilled that Trussway will now be an integral part of Builders FirstSource. Since 1972, Trussway has been a supplier of choice to customers due to its ability to routinely deliver high quality products and services,” Dave Flitman, president and CEO of Builders FirstSource, stated.

“The addition of Trussway expands our footprint with our roof and floor truss offerings, including for multifamily customers, and enhances our value-added portfolio to better serve our customers and accelerate growth. We are excited to welcome the Trussway team, with its long-standing customer relationships and track record of profitable growth, into the Builders FirstSource family.”

Trussway, headquartered in Houston and employing 1,000 people nationwide, serves more than 340 customer accounts in the United States, and its average relationship with its top 25 customers spans more than ten years.

Builders FirstSource will add Trussway’s integrated network of six strategically located manufacturing facilities across the United States as part of the acquisition.

“Trussway is honored to be a part of the BFS family,” Trussway’s president and CEO, Jeff Smith, stated. “For 50 years, Trussway associates have worked hard at building this company into a leading truss manufacturer. We look forward to bringing, and building on, our high intensity approach to safety, quality, service, production and customer satisfaction with the BFS Team.”

Trussway will be purchased with cash on hand and the company’s ABL.