US LBM expands its presence with a leading residential and commercial building products distributor in the United States and the Caribbean
Increases total wallboard and related specialty product revenue to more than $280 Million
Significantly enhances the ability to service an expanding customer base as the U.S. housing market recovery continues
Sunrise, Florida – April 17, 2015 – US LBM Holdings, LLC (“US LBM”) announces the acquisition of Rosen Materials of Sunrise, FL from Drew Rosen who will continue in his current role as President, leading Rosen’s day-‐to-‐day operations with his existing team.
Originally founded in 1996 by Drew Rosen, Rosen Materials began as a supplier of building materials in South Florida and Las Vegas, Nevada. Rosen quickly grew to become one of the largest privately held gypsum distributors in South Florida. Today, Rosen operates 19 locations across Florida, Georgia, Illinois, Nevada, and New Jersey supplying gypsum, metal framing, sheet goods, kitchens, baths, countertops, stucco, brick, stone, insulation, lumber, and other building materials.
“We are so pleased to be aligning ourselves with an organization with such an exceptional standing in our industry,” said Drew Rosen, President of Rosen Materials. “We look forward to working with the US LBM team to expand our footprint and product offerings.”
“The addition of Rosen continues our strategy to diversify from both a product and geographical perspective,” said L.T. Gibson, President & CEO of US LBM. “Rosen Materials has a proven team which complements the US LBM culture. We look forward to partnering with the Rosen associates to continue on their path of growth and success.”
US LBM is committed to expanding the wallboard line along with other specialty product categories. This partnership with Rosen Materials, in addition to Richardson Gypsum, Wallboard Supply Company, Feldman Lumber and American Masons, brings total wallboard and related specialty product revenue to more than $280 million. US LBM is actively seeking additional ways to partner with other Southern-‐based distributors, as well as gypsum product distributors, to expand its geographic footprint throughout the United States.
For more information on Rosen Materials, go to http://www.rosenmaterials.com.
US LBM, recipient of the 2015 ProSales Dealer of the Year, is a collection of leading building material distributors across the U.S. in 22 states with 150 locations. Implementing the philosophy of local management and leadership, US LBM capitalizes on the premier reputation of its operating companies and the local customer relationships that each operation is known for in its market. www.uslbm.com.
US LBM Holdings