Homebuilding supplier Builders FirstSource buys a North Texas truss maker

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Three brothers started the now-acquired Grandview company more than two decades ago as a small business.

“This tuck-in acquisition further extends our leading position in value-added products across the state,” newly appointed Builders FirstSource chief executive officer Dave Rush told investors Tuesday.

“With an entrepreneurial, steadfast vision to grow Noltex Truss into a large, multi-location, multi-vertical construction truss manufacturer, Noltex Truss has endured not only a humble, one-location beginning but has persevered through many industry challenges and has evolved into a successful, competitive industry front-runner,” the company’s website says.

of Raleigh, N.C., for nearly $2.5 billion. In 2021, the company completed $1.2 billion in acquisitions. Since the beginning of 2022, the company has made $722.3 million in acquisitions, according to the SEC filing.

Source: News Formal (newsformal.com)

 

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