Building Products – Coverage Report November 2020
Capstone Partners has released its November 2020 Building Products update, available for free download below.
Demand in the Building Products industry has demonstrated sustained recovery in recent months. For the fourth consecutive month, spending for total construction rose in September, led by gains in the Residential sector, according to the U.S. Census Bureau. The substantial increase in prospective home buyers has manifested in elevated single-family home sales, as building products participants work to procure inventory to meet the backlog of activity.
Report contents include:
- M&A activity recovers in Q3 as buyers have reengaged in growth initiatives, supported by improved revenue visibility
- Demand for remodeling and improvement projects surges as consumers place increased focus on their homes
- Softwood lumber continues to experience price appreciation due to supply constraints, contributing to rising home costs
To learn more about the report, please reach out to Managing Director Darin Good.
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