Foundation Building Materials
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Foundation Building Materials - overview
Established
2011
Location
Santa Ana, CA, US
Primary Industry
Logistics & Distribution
About
Based in California, US, and founded in 2011 by Ruben Mendoza, John Gorey, and Tom Fischbeck, Foundation Building Materials, LLC operates as a distributor of building materials such as drywall, insulation, steel, fasteners, metal lath, plaster, tools, wallboard, and suspended ceiling systems. In August 2025, Lowe’s Companies, Inc. agreed to acquire Foundation Building Materials, LLC from Clayton Dubilier & Rice and American Securities for USD 8. 8 billion.
The transaction is subject to customary closing conditions and is expected to be completed in Q4 2025.
Current Investors
American Securities
Primary Industry
Logistics & Distribution
Sub Industries
Electrical, Plumbing & Hardware Distributors, Masonry Materials, Steel & Metals
Website
www.fbmsales.com
Verticals
IoT (Internet of Things), Mobile Apps
Company Stage
Mature
Total Amount Raised
Subscriber access only
Foundation Building Materials - financials
| Fiscal Year Ended | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 |
|---|---|---|---|---|
| Revenue (USD) | 1,392,509,000 | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - |
| EBITDA (USD) | 73,908,000 | - | - | - |
| Operating Income (USD) | 16,580,000 | - | - | - |
| Operating Margin | 1.2% | - | - | - |
| % EBITDA Margin | 5.3% | - | - | - |
| NET Income (USD) | (28,370,000) | - | - | - |
| % Net Margin | (2.0%) | - | - | - |
Foundation Building Materials - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Foundation Building Materials | - | ||||||||
| Add-on | Completed | REW MATERIALS, INC. | - | ||||||||
| Add-on, Trade Sale | Completed | Unified Door & Hardware Group LLC | - | ||||||||
| Secondary Buyout | Completed | Foundation Building Materials | - | ||||||||
| Add-on | Completed | Stucco Master Supply LLC | - |
Displaying 1 - 5 of 32
Foundation Building Materials - employee data
Foundation Building Materials - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Chairman Of The Board | BM |
BM Board Member
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