Class VI Partners (“Class VI”) is pleased to announce the acquisition of Alpine Lumber Company (“Alpine” or the “Company”) by Builders FirstSource, Inc. (NYSE: BLDR) (“Builders FirstSource”). Class VI served as the exclusive financial advisor to Alpine.
“We are grateful to have had the opportunity to help Alpine in this most recent chapter of the Alpine story. Hamid and Alpine’s management team have helped grow one of the most successful businesses in the building products sector by focusing on Alpine’s team and its customers. In addition, Alpine is one of the most successful ESOP stories we have seen—the customer-first culture Alpine’s entire employee base built and nurtured burnished Alpine’s reputation as one of the best in the industry,” said Chris Younger, Class VI CEO.
“I am incredibly proud of the business we built over the last 60+ years and excited for our next phase of growth with Builders FirstSource. The Class VI team’s ability to quickly understand our industry and illustrate the uniqueness of our Company ensured we found the best long-term partner for Alpine, our legacy, and our employees. Class VI was responsive, proactive, and worked tirelessly to close this deal. Selling a business is a major undertaking and it is essential to have an investment banking partner who keeps your best interest at the heart of a deal—if you are a business owner considering a potential transaction, I would highly recommend you meet with Class VI,” said Hamid Taha, Chief Executive Officer of Alpine.
“This transaction represents a very exciting and rewarding milestone for the hundreds of employee owners of Alpine Lumber Company. It was a great honor to represent Alpine throughout this process and help find a partner who will support the Company in its next phase of growth,” said Alex Woolford, Class VI Vice President. “Alpine’s growth over the last 60+ years is a testament to the Company’s commitment to its employees and the Mountain West communities. We are excited that Alpine found a great partner in Builders FirstSource to build on the Alpine legacy,” added Matthew Petterson, Class VI Vice President.
Founded in Englewood, Colorado, by the Kurtz family in 1963 and subsequently converted to a 100% employee-owned and operated company, Alpine has 21 locations serving homebuilders and contractors in the Front Range of Colorado, western Colorado, and northern New Mexico, with a broad product range including prefabricated trusses and wall panels and millwork.
Headquartered in Irving, Texas, Builders FirstSource is the largest U.S. supplier of building products, prefabricated components, and value-added services to the professional market segment for new residential construction and repair and remodeling. They provide customers an integrated homebuilding solution, offering manufacturing, supply, delivery, and installation of a full range of structural and related building products. Builders FirstSource operates in 43 states with approximately 590 locations and has a market presence in 48 of the top 50 and 91 of the top 100 MSAs, providing geographic diversity and balanced end-market exposure. Customers include strategically located distribution and manufacturing facilities (some of which are co-located) that produce value-added products such as roof and floor trusses, wall panels, stairs, vinyl windows, custom millwork, and pre-hung doors. Builders FirstSource also distributes dimensional lumber and lumber sheet goods, millwork, windows, interior and exterior doors, and other specialty building products.
The transaction closed on January 1, 2025. Davis Graham & Stubbs LLP served as legal counsel to Alpine. Rothschild & Co and Centerview Partners LLC acted as financial advisors, and Alston & Bird served as the legal advisor to Builders FirstSource.
For more information about the transaction, please contact Alex Woolford at (303) 243-5615 or awoolford@classvipartners.com and Matthew Petterson at (303) 243-5621 or mpetterson@classvipartners.com.
About Class VI Partners
Class VI provides middle-market investment banking services, including mergers and acquisitions advisory, corporate advisory, business valuation, and private capital raising services through its affiliate, Class VI Securities, LLC and Member FINRA. Class VI is also affiliated with and offers wealth management services through Class VI Family Office, LLC, a Registered Investment Advisor with the Securities & Exchange Commission.
Hamid Taha, CEO of Alpine, is a client of Class VI Partners and is not being compensated for sharing their opinion and experience with the firm. Any compensation creates a conflict of interest. Comments by Hamid Taha may not be representative of any other person’s experience with the firm and are no guarantee of future performance or success.
Additional Disclosures
Investment advisory services offered through Class VI Partners’ affiliate Class VI Family Office, LLC, a Registered Investment Adviser with the U.S Securities and Exchange Commission. Class VI Partners offers investment banking and private securities transactions through its affiliate, Class VI Securities, LLC. Class VI Securities, LLC is a registered broker/dealer and member of the Financial Industry Regulatory Authority (FINRA). Class VI Pathfinder, LLC provides general business consulting to privately held businesses. Collectively these entities are referred to herein as “Class VI”.
Testimonials may not be representative of the experience of other customers. Any promotion, either via testimonial or endorsement, is unpaid (in cash or non-cash form) and does not guarantee future performance or success. We believe that all information provided is from credible and reliable sources. This information does not constitute advice or a recommendation or offer to sell or a solicitation to deal in any security or financial product. It is provided for information purposes only and on the understanding that the recipient has sufficient knowledge and experience to be able to understand and make their own evaluation of the proposals and services described herein, any risks associated therewith and any related legal, tax, accounting or other material considerations.