Builders FirstSource Acquires Pleasant Valley Homes

Builders FirstSource, the largest American supplier of structural building products, quietly acquired the assets of Pennsylvania-based Pleasant Valley Homes, a wholesale manufacturer of modular homes. 

Lori Conrad, Senior Director of Corporate Communications for Builders FirstSource, confirmed to The Builder’s Daily that the company acquired Pleasant Valley Homes’ assets in November at an undisclosed price. The transaction was reported earlier in a LinkedIn post by Craig Webb, of Webb-Analytics. 

Pleasant Valley Homes has sales of about 400 homes per year, according to Conrad, and operates in ten states in the Mid-Atlantic and Northeast, from Virginia to Maine. The builder sells manufactured homes and semi-custom modular homes to retailers, builders and developers, as opposed to individual buyers. 

“Our goal is to first learn this model and potentially scale it later. We will not change the go-to-market approach of the company and will not compete with homebuilders by selling directly to prospective homebuyers,” Conrad said in a statement. 

Builders FirstSource’s rapid growth

Builders FirstSource greatly expanded its portfolio in recent years, and now owns more than two dozen brands nationwide. The company announced the acquisition of Premium Building Components in January, and acquired seven companies in 2025, including:

• Pleasant Valley Homes
• O.C. Cluss Lumber & Building Supplies
• Truckee Tahoe Lumber Company
• St. George Truss Co. 
• Rystin Construction
• Builder’s Door & Trim
• Lengefeld Lumber

Builders FirstSource similarly completed seven acquisitions in 2024 and another seven in 2023. The focus of its acquisition strategy in recent years has been on completing a large volume of small deals, in a bid to expand its scope and customer base. 

The company, according to Webb Analytics’ Construction Supply 150, was the nation’s fourth-largest building products supplier in 2024, ranking behind The Home Depot, Lowe’s and ABC Supply. 

Builders FirstSource, which primarily sells to homebuilders, contractors and professional remodelers, sells a wide range of prefabricated components, such as wall panels, pre-hung doors, roof and floor trusses, stairs and pre-cut framing systems. The acquisition of Pleasant Valley Homes will add to the company’s prefabricated offerings. 

“This investment represents an expansion of our prefabricated component strategy to address challenges facing the homebuilding industry, such as affordability and access to labor, with a cost-competitive, factory-built option, which reduces builder cycle times. We plan to use available factory capacity to offer high-quality, semi-custom modular plans to our existing homebuilder customers, with the potential to expand the offering to our homebuilder customers in other BFS markets in the future,” Conrad said. 

Pleasant Valley Homes operates a 140,000-square-foot manufacturing facility and a 10,000-square-foot showroom in central Pennsylvania, where the manufacturer displays its three-bedroom, two-bath home models. 

M&A in the building materials industry picks up

The highly fragmented $800 billion building materials industry is increasingly consolidating, with big players acquiring smaller competitors.

We’ve been tracking this. In 2021, as Builders FirstSource announced its agreement to pay $450 million acquire building products software solutions and services provider, WTS Paradigm, LLC (“Paradigm”), The Builder’s Daily reported:

Last year, The Home Depot acquired GMS Inc., Lowe’s purchased Foundation Building Materials and Artisan Design Group and ABC Supply assumed ownership of Roofing & Supplies, Inc. 

QXO, the sixth-largest supplier of building materials, also has an ambitious goal to grow its annual revenue from $10 billion to $50 billion by 2030 to 2035. 

The Brad Jacobs-backed company plans to expand via a mix of acquisitions and organic growth, and now has a war chest of roughly $9 bllion to $10 billion for acquisitions, based on an estimate from William Blair analyst Ryan Merkel. The company’s next acquisition announcement is expected by July 15. 

The Webb Analytics 2025 Deals Report, released on Monday, concluded that 2025 was the busiest year for M&A activity in the building materials industry this decade, when accounting for the number of facilities acquired. According to the report, there was a 56% yearly increase in the number of facilities acquired in 2025. 

However, the total number of deals fell by 30% last year, with 2025 seeing fewer acquiring companies than any year since 2020. This is because megadeals dominated last year, with four of 120 deals accounting for 85% of the acquired supply facilities, according to Craig Webb, President of Webb Analytics. 

The Home Depot and Lowe’s were responsible for three of those deals, and QXO’s acquisition of Beacon Building Supply was the fourth megadeal from 2025. This trend signals that the big building material operators are increasingly dominating the industry’s M&A landscape.