By AZRE | AZ Big Media
Builders FirstSource, Inc., the nation’s premier supplier of building materials and services, today announced it has entered into a definitive agreement to acquire Cornerstone Building Alliance SW, LLC, Arizona’s largest independently operated supplier of building materials. The acquisition cost was approximately $400 million, subject to certain closing adjustments.
Alliance is the largest independently operated supplier of building materials in Arizona, primarily serving the greater Phoenix, Tucson, and Prescott Valley metropolitan areas. As a leading regional supplier with strategically located facilities, Alliance is uniquely positioned to offer unmatched distribution throughout the highest-growth regions of Arizona with a comprehensive portfolio of premium building materials. Alliance has deep, long standing customer relationships and a reputation for offering value-add services that have established it as a trusted advisor for leading contractors across single-family, multi-family, and commercial end markets. Its geographic footprint, value-added product mix, and market leadership create a highly strategic fit for Builders FirstSource’s integrated network.