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Report: Specialty Building Products Owner Said to Mull $1.1 Billion Sale

General News

According to news reports, Madison Dearborn Partners, LLC (HQ: Chicago, IL), is considering the sale of Specialty Building Products Holdings, LLC (HQ: Duluth, GA).

Bloomberg L.P., reports that the potential sale of Specialty Building Products could “value the business at about $1.1 billion, including debt, according to people familiar with the matter.”

Madison Dearborn acquired Specialty Building Products in 2017. Specialty Building Products brands include U.S. Lumber Group, Alexandria Moulding & Midwest Lumber.

Further details can be read here.