BlueLinx Holdings Inc. (NYSE: BXC), Atlanta, GA, has agreed to acquire Cedar Creek, Atlanta, GA, a leading building products wholesale distributor, a portfolio company of Charlesbank Capital Partners for a purchase price of $413 million on a debt-free, cash-free basis.
The combination of BlueLinx and Cedar Creek will create a building products wholesale distributor with one of the largest product offerings in the building products industry, including over 50,000 branded and private-label SKUs, and a distribution footprint of 70 national locations servicing 40 states.