Simpson Thacher is representing BMC Stock Holdings, Inc. (NASDAQ: BMCH) in its announced merger with Builders FirstSource, Inc. (Nasdaq: BLDR) in which BMC and Builders FirstSource will combine in an all-stock merger transaction to create the nation’s premier supplier of building materials and services with over $11 billion in annual sales. Under the terms of the transaction, BMC stockholders will receive 1.3125 shares of Builders FirstSource common stock for each share of BMC common stock. The transaction is expected to close in late 2020 or early 2021, subject to approval of stockholders from both companies, receipt of regulatory approval and other customary closing conditions.
BMC is one of the nation’s leading providers of diversified building materials and solutions to new construction builders and professional remodelers in the U.S. Headquartered in Raleigh, North Carolina, BMC’s comprehensive portfolio of products and services spans building materials, including millwork and structural component manufacturing capabilities, consultative showrooms and design centers, value-added installation management and an innovative eBusiness platform. BMC serves 45 metropolitan areas across 18 states, principally in the South and West regions.
The Simpson Thacher team includes Eric Swedenburg, Mark Viera and Izaak Lustgarten (M&A); Jeannine McSweeney, Caitlin Lucey and Emily Manns (ECEB); Sara Razi, John Goheen, Andrew Jensen and Sarah Pugh (Antitrust); Drew Purcell and Eli Shalam (Tax); Richard Fenyes (Capital Markets); Dan Kay (Banking and Credit); Genevieve Dorment (IP); and Dennis Loiacono (Real Estate).