US LBM; Formed to Acquire Regional Lumber and Building Materials Distributors.
Experienced Leadership with a Hands-Off Approach...
The concept of US LBM was founded in the summer 2009. The management team had a vision of a progressive organization that promoted a very unique culture. The foundation of US LBM was to focus on the value of its customers and associates recognizing that the importance of each business unit was maintained in the local market. In October 2009, US LBM came into existence with the financial backing of the existing management team and outside investors. US LBM’s mission remains to partner with the leading companies in the industry while instilling best practices across the entire organization.
BlackEagle Partners, LLC
BlackEagle Partners, LLC, with offices in New York and Bloomfield Hills, Michigan, is an operations-focused, middle market private equity firm that seeks to acquire companies with sustainable business models that exhibit compelling future prospects. In particular, BlackEagle has significant experience acquiring non-core subsidiaries and companies in out-of-favor industries. BlackEagle partnered with the management team of US LBM by acquiring four markets from Stock Building Supply and has since sponsored additional acquisitions. For more information, please visit blackeaglepartners.com.
L.T. Gibson — President and CEO
L.T. Gibson believes that a company should care for its employees first, so they can better care for the customer. In his more than 20 years in the industry, L.T. was responsible for the start-up, turnaround and growth of a large number of building product distribution and manufacturing operations. As a former Vice President of the largest division of Stock Building Supply (roughly $1.5B in annual sales) he understands the needs of both small and large companies. This experience serves him well as he integrates new and different companies into an organization. L.T. believes that by creating a culture of accountability, integrity and continuous improvement, US LBM will be well positioned to service the rapidly changing building materials market.
Future Plans
US LBM Holdings will continue to make investments and acquisitions in the lumber and building materials pro dealer segment. Direct acquisition inquiries to acquisitions@uslbm.com.