Cleary Gottlieb is representing Citigroup Global Markets, as financial advisor to Builders FirstSource, in connection with its recently announced acquisition of privately held ProBuild Holdings for $1.63 billion. The transaction was announced on April 13, 2015 and is expected to close in the second half of 2015.
Builders FirstSource is a leading supplier of residential building products, while ProBuild operates approximately 400 lumber and building product centers across the U.S.