BMC Announces Plans to Purchase TW Perry
Originally published by: LBM Journal — November 30, 2020
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“We look forward to welcoming the associates of TW Perry to the BMC team,” said Dave Flitman, president and CEO of BMC. “We are impressed with their pro remodel business, highly diverse customer base and value-added product mix, which is aligned with BMC’s core strategy. This addition will expand our portfolio in the growing Northern Virginia, Maryland and D.C. markets.”
TW Perry, a member of the LBM Century Club, was founded in 1911 and is an independent building materials distributor serving Northern Virginia, Maryland, D.C., and surrounding areas with six lumberyards, retail stores, a design studio, a custom millwork operation and a truss manufacturing facility. The company supplies lumber, building materials, doors and windows, hardware, decking and railing products, paint, and power tools to professional remodelers and custom builders. TW Perry also offers millwork products, including more than 250 in-stock moulding profiles, as well as special order products. TW Perry generated nearly $200 million in total net sales for the twelve months ending September 30, 2020. The transaction is subject to the satisfaction or waiver of customary closing conditions and is expected to be completed in December 2020.