Huttig Building Products, Inc.
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Huttig Building Products, Inc. - overview
Established
1885
Location
St. Louis, MO, US
Primary Industry
Forestry & Timber
About
Huttig Building Products, Inc. is a wholesale distributor of millwork and building products, focusing on essential materials such as doors and fasteners for the construction industry. Founded in 1885, Huttig Building Products, Inc. operates as a distributor of building materials and has undergone a significant acquisition in March 2022, when Woodgrain Millwork, Inc.
agreed to acquire the company for USD 350 mn. Huttig is headquartered in St. Louis, US. The current CEO is Michael Lupo.
Huttig specializes in the wholesale distribution of millwork and building products, primarily focusing on doors, moulding, fasteners, and essential construction materials. Their offerings cater to contractors, builders, and suppliers in the construction industry across the US, including regions such as California, Texas, Florida, and the Mid-Atlantic. The company utilizes a flexible product sourcing strategy to ensure timely and reliable service while adapting to varying lead times. Huttig's revenue for the most recent year, 2021, was USD 937.
80 mn, with an EBITDA of USD 58. 70 mn. The distribution model primarily involves B2B sales through partnerships with retailers and direct sales to contractors, fostering strong relationships and competitive pricing. Recent funding from the Trade Sale in March 2022 will be utilized to support the acquisition by Woodgrain Millwork, Inc.
, which aims to enhance the company's services and expand its footprint in the market. This strategic move is expected to improve operational capabilities and market reach, thereby supporting future growth initiatives.
Primary Industry
Forestry & Timber
Sub Industries
Home Improvement & DIY, Electrical, Plumbing & Hardware Distributors, Wood/Hard Products, Steel & Metals
Website
www.huttig.com
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Huttig Building Products, Inc. - 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 | Huttig Building Products, Inc. | - | ||||||||
| PIPE | Completed | Huttig Building Products, Inc. | - | ||||||||
| PIPE | Completed | Huttig Building Products, Inc. | - |
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