BGL Managing Director and Head of Industrials Andrew Petryk is a featured contributor in the latest issue of Window + Door Magazine, a publication of the National Glass Association (NGA), with a piece entitled, “An Open Window for Building Products M&A.”
The article discusses how the building products M&A market continues to see healthy deal flow despite market uncertainty. Current challenges in the housing market, including materials and labor costs inflation, along with rising mortgage rates, continue to have a tightening effect on affordability.
The building products market continues to see strong interest from both private equity and industry buyers and solid levels of M&A activity. Purchase price multiples for high-quality businesses remain attractive. The credit markets are liquid, and lenders are looking to deploy capital into acquisitions.
2021 was a very active M&A year for industry buyers, some of which have been focusing their efforts on the integration of those activities in the recent quarters and are turning their attention to M&A.
Shareholder expectations for growth will also motivate some strategics to come off the sidelines and sharpen focus on M&A as an important lever for value creation.
For all of Andrew’s insights, read the article in its entirety at the Window + Door Website.