Mergers & Acquisitions

LBM Journal columnist John Wagner examines how the price of lumber can affect the acquisition value of your company.

Typically, any accounts receivable that is not collected within 180 days post-closing reverts to the seller to collect. The bad news for the seller is that the value of the uncollected bad debt becomes a dollar-for-dollar reduction in purchase price.

Customers of both Henson Lumber and Decatur Lumber can expect a seamless transition as the integration process begins.

Columnist John Wagner discusses how year-end bonuses can unexpectedly impact an acquisition.

Fleetwood is a designer and manufacturer of premium, aluminum-framed glass door and window solutions for luxury homes.

If you work in M&A long enough, you’ll hear the term “good will” used to explain how deals are valued.

Our firm is a “sell-side” investment bank. We prepare and advise successful companies and take them to market for acquisition.

In every one of our LBM deals over the past two years, acquirers have used a “price effect” model to determine the sustainable EBITDA of the business.

In the LBM sector, the 10% Adjusted EBITDA margin is fairly common for companies that have a relatively small proportion of commodity lumber in their product mix.

Most companies in the LBM sector have a separate LLC that owns the real estate where they have located their businesses.