DELRAY BEACH, Fla., August 11, 2022--(BUSINESS WIRE)--USLBM Holdings, Inc. has finalized its acquisition of Foxworth-Galbraith, a leading building materials supplier in the Southwest with over $1 billion in revenues. Anchor Peabody ("Anchor"), the premier investment bank for the building industry, served as the exclusive advisor to Foxworth-Galbraith throughout the transaction process.
Headquartered in Plano, Texas, FoxGal services professional contractors, commercial contractors and homeowners in five states including Arizona, Colorado, New Mexico, Oklahoma and Texas. It provides the full suite of lumber and building materials products to its customers.
"Anchor Peabody was proud to represent the Foxworth and Galbraith families in this transaction," said Managing Partner Jason Fraler. "Through this acquisition, USLBM will add substantial coverage in the Southwest to its expanding national footprint with the FoxGal locations."
Anchor Peabody has generated over $2 billion in transaction value for its clients in the lumber and building materials (LBM) space alone. Anchor has recently expanded its focus to include other building industry sectors including flooring, with plans to announce expansion into other industry sub-verticals in 2023.
About Anchor Peabody
Anchor Peabody is a premier investment banking firm comprised of former owners, operators and investors in the building industry. The firm combines over 100 years of experience with a modern approach to banking to align with client objectives and eliminate banker burnout from the industry model. For more information, visit anchorpeabody.com.
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