Building Products Acquisitions in Canada

Armstrong World Industries, Inc. acquired Eventscape, Inc., a design, fabrication, and installation company focused on complex architectural environments and features. Eventscape operates from New York City and Toronto and generated approximately $30 million in revenue in 2025; Armstrong financed the acquisition using available cash and its revolving credit facility.

Richelieu Hardware Ltd. completed multiple acquisitions in fiscal 2025 and shortly after year-end, including Ideal Security (Greater Montreal area), Finmac Lumber (Winnipeg), and Klassen Bronze (acquired Oct. 29, 2025). After year-end, on Dec. 12, 2025, Richelieu acquired three McKillican American distribution centres in Portland, Oregon, Seattle, Washington, and Spokane, Washington, marking Richelieu’s 100th acquisition in its history.

Capstone Holding Corp. announced the closing of its acquisition of Canadian Stone Industries (CSI), a multi-location stone products distributor generating approximately $15 million in annual revenue. The deal expands Capstone’s North American footprint and premium brand portfolio and is expected to be immediately accretive to revenue and EBITDA.

Armstrong World Industries, Inc. (AWI) acquired Geometrik Manufacturing Inc., a Kelowna, British Columbia-based designer and manufacturer of wood acoustical ceiling and wall systems. The deal expands Armstrong’s wood manufacturing capabilities and Architectural Specialties portfolio across Canada and the U.S. and was funded with available cash, with District Capital Partners serving as AWI’s buy-side adviser.

Westcap Mgt. Ltd.-backed Timber-Tech Truss Limited Partnership acquired Darmac Framing Systems, expanding Timber-Tech’s capabilities in panelized and modular building components for residential construction. Based in Balzac, Alberta, Darmac fabricates prefabricated walls and floor systems and provides complete framing packages, including material supply and on-site installation. The deal represents Timber-Tech’s second strategic acquisition since Westcap’s platform investment in December 2023.

Holcim acquired the operations of Langley Concrete Group Inc., a British Columbia-based provider of precast concrete solutions. The deal marks Holcim’s entry into the precast concrete market in British Columbia and expands its capabilities serving infrastructure applications across Canada. The acquisition includes two production facilities located in Chilliwack and Duncan, British Columbia.

KV Capital Inc., through its private equity strategy (including KV Private Equity Fund III), announced a new partnership with Benson Cabinetry and Millwork Ltd., a Canadian manufacturer and supplier of custom millwork and cabinetry for housing developments. Benson will continue to be managed by Tim and Natalie Benson as the partnership provides additional capital and management support to help expand the business serving multi-residential developers.

ASSA ABLOY acquired Wallace & Wallace and Wallace Perimeter Security, a Canadian manufacturer, distributor, and installer of perimeter fencing, door, and gate solutions serving commercial and residential markets. The acquired business, founded in 1946 and headquartered in Winnipeg, Manitoba, will join ASSA ABLOY’s Entrance Systems Division within the Perimeter Security business segment.

Funds managed by affiliates of Fortress Investment Group acquired a majority stake in Infra Pipe Solutions (IPS), a North American manufacturer of HDPE pipes, conduit, and related structures sold under brands including Sclairpipe and Weholite. IPS management retained a minority stake, and the transaction represents an exit for prior owner Wynnchurch Capital.

Carlisle Companies Incorporated agreed to acquire, and subsequently completed the purchase of, the expanded polystyrene (EPS) insulation segment of PFB Holdco, Inc. (a The Riverside Company portfolio company), consisting of the Plasti-Fab and Insulspan brands (collectively “Plasti-Fab”). The transaction value was approximately $259.5 million in cash (about $260 million) and involves the Calgary, Alberta-headquartered EPS insulation and structural insulated panels business serving construction and infrastructure markets across Canada and the Midwestern United States.

AccessSMT, a portfolio company of Speyside Equity Fund I LP, completed the acquisition of CP Distributors Ltd. on October 1, 2024. The combination brings together two North American leaders in the door, hardware, and specialties sector, creating an organization with approximately CAD 250 million in annual revenue and expanded scale to serve complex projects across Canada and the United States.

Wilsonart, an engineered surfaces company, acquired Octopus Products, Ltd., a decorative surfacing brand offering high pressure laminate, decorative metals, and wood panels. Octopus Products, headquartered in Toronto, Ontario, will operate as part of Laminart, a Wilsonart company, expanding Laminart’s product portfolio. The transaction closed on August 21, 2024, and financial terms were not disclosed.

PrimeSource Brands, a North American provider of specialty branded residential building products backed by Clearlake Capital Group, acquired Cobra Anchors, a maker of hollow-wall, universal, and masonry anchors. Cobra is headquartered in Montreal, Quebec, and the acquisition expands PrimeSource Brands’ branded product portfolio and reach across home center, lumberyard, and specialty retail channels. Financial terms were not disclosed.

Beacon (Nasdaq: BECN) has completed the acquisition of SSR Roof Supply Ltd. SSR operates two roofing supply branches in the Vancouver, British Columbia market (Burnaby and Surrey). The deal expands Beacon’s branch footprint and customer coverage in British Columbia as part of its ongoing acquisition-driven growth strategy in Canada.

The Shaughnessy Group completed a sell-side mandate for a leading Canadian distributor and contractor specializing in commercial doors, door frames, door hardware, and windows, closing the transaction in July 2024. The buyer and the target company were not named in the announcement; the process involved a competitive auction, negotiations, and due diligence to support leadership succession and ownership transition.

All Weather Group (AWG) announced its acquisition of Westeck Windows and Doors, a premium manufacturer of residential and commercial windows and doors. The deal is AWG’s first acquisition and is intended to expand AWG’s footprint in British Columbia and support entry into the United States, with both brands continuing to operate independently.

Allegion plc, through one of its subsidiaries, has acquired Unicel Architectural Corp., a North American manufacturer of advanced glass, timber and aluminum building solutions. Unicel Architectural will operate within the Allegion Americas segment, expanding Allegion’s product portfolio and specification capabilities in institutional and other non-residential markets. Financial terms were not disclosed.

SiteOne Landscape Supply, Inc. acquired Cohen & Cohen Natural Stone, a wholesale distributor of stone and hardscapes products. Cohen & Cohen operates a location in Ottawa, Ontario, strengthening SiteOne’s hardscapes offering and presence in eastern Canada.

MASTERGRAIN, a North American manufacturer of premium fiberglass exterior doors, has acquired Fibercraft Door Company of Hanover, Ontario. The acquisition expands MASTERGRAIN’s product portfolio and manufacturing capabilities by adding Fibercraft’s large-format fiberglass pivot door systems and strengthens distribution to homeowners and building professionals across North America.

GMS Inc. entered into an agreement and subsequently completed the acquisition of Yvon Building Supply Inc. and its affiliates (Yvon Insulation Corporation, Yvon Insulation Windsor, Laminated Glass Technologies, and Right Fit Foam Insulation) for a purchase price of up to CAD$196.5 million, subject to customary adjustments and conditions. Yvon is a building supplies distributor serving Greater Toronto and Ontario with seven locations, offering drywall, insulation, steel, ceilings and related services, including installed insulation. The transaction was funded with cash on hand and borrowings under GMS’s revolving credit facility, with more than a quarter of the purchase price scheduled to be paid over the next five years.

KV Capital's private equity division, alongside ATB Private Equity and BDC Capital, announced a strategic partnership/investment in Nelson Lumber Company Ltd. and Nelson Homes (collectively, Nelson Lumber). The transaction is intended to support Nelson Lumber's growth ambitions and marks the launch of KV Capital's building products private equity strategy through KV Private Equity Fund III.

Saint-Gobain signed a definitive agreement to acquire The Bailey Group Companies (including Bailey-Hunt Limited and its subsidiaries), a privately owned Canadian manufacturer of metal building solutions for light construction, for C$880 million in cash. The acquisition is intended to strengthen Saint-Gobain’s light and sustainable construction offering in Canada and is expected to close in the second half of 2024, subject to customary conditions.

Building Controls & Solutions (BCS) has acquired Yorkland Controls Limited, a Canadian distributor of building automation, combustion controls, and related parts. The deal expands BCS’s footprint and distribution capabilities in Canada, creating a larger North American building controls distribution network.

ASSA ABLOY has acquired Leone Fence, a Canadian manufacturer, distributor, and installer of fencing products for commercial and residential applications. Leone Fence, founded in 1975 with its main office and factory in Ontario, will bolster ASSA ABLOY’s perimeter security offering in the Canadian market.

Founders East Capital Partners acquired Alumitech Architectural Glass and Metal, a provider of building envelope solutions including curtain walls, architectural windows, skylights, and metal cladding. Founder Norsat Eblaghi is partnering with Founders East and will remain an owner and director to support the company’s next phase of growth, including the selection of a new president.

Dick's Lumber, a banner of RONA inc., completed the acquisition of ZyTech Building Systems LP, a designer, manufacturer, and distributor of building components and engineered wood products serving the construction industry. The transaction expands Dick's Lumber’s design and manufacturing footprint in Western Canada; it is described as Dick’s Lumber’s first strategic acquisition under the ownership of private equity firm Sycamore Partners. TriWest Capital Partners exited its investment in ZyTech following its partnership with the company beginning in 2014.

Norbec Inc., a manufacturer of insulated metal panels and walk-in coolers/freezers, announced a significant investment in its share capital by Sagard Private Equity Canada. Norbec’s management team will remain the leading shareholder group alongside Desjardins Capital, Sagard, and the company’s founder, with headquarters remaining in Boucherville, Quebec.

ASSA ABLOY acquired Lawrence Hardware and Gallery Specialty, Canadian providers of commercial hinges, locksets, exit devices and door hardware accessories. The businesses are headquartered in Toronto, Canada, employ about 50 people, and generated approximately MCAD 25 million in sales in 2022. ASSA ABLOY said the deal strengthens its access solutions portfolio and position in the Canadian market and will be accretive to EPS from the start.

Cornerstone Building Brands, Inc. acquired MAC Metal Architectural, a Quebec-based manufacturer of high-end steel siding and roofing products serving residential and commercial markets across North America. The deal expands Cornerstone Building Brands’ exterior building products portfolio and increases its exposure to the growing metal siding and roofing segment.

Ironbridge Equity Partners acquired the assets of the Gesco Group of Companies (Gesco), which comprises Shnier, Division9, and Tierra Sol Ceramic Tile LP. The transaction marks Ironbridge’s return as owner (it previously owned Gesco from 2007 to 2013) and is intended to support renewed growth, innovation, and improved profitability for the Canadian floorcovering distribution platform.

Saint-Gobain entered into a definitive agreement to acquire Building Products of Canada Corp., a privately owned Canadian manufacturer of residential roofing shingles and wood fiber insulation panels, for C$1,325 million in cash. The deal is intended to strengthen Saint-Gobain’s Exterior Solutions offering in Canada and is expected to close by year-end 2023, subject to customary conditions.

TRS Components Inc., a portfolio company of Argyle Capital Partners, and Terra Nova Truss (TNT) announced a merger of equals that closed on April 1, 2023. Argyle Capital Partners partnered again with Celina Capital Corporation on the transaction, creating a larger roof truss manufacturing platform across Ontario with multiple facilities serving Canada and parts of the U.S.

GMS Inc. acquired Jawl Lumber Corporation, which operates under the Home Lumber & Building Supplies brand, expanding GMS’s presence on Vancouver Island in Canada. Home Lumber is a long-established supplier of lumber and complementary building materials and operates from a single location in Victoria, Canada; the acquisition closed on May 1, 2023.

ODL, Inc., a Zeeland, Michigan-based building products manufacturer known for doorglass and insulated blinds, acquired Tru Tech Doors, a high-performance steel and fiberglass exterior door manufacturer based in Ontario, Canada. The deal expands ODL into exterior door manufacturing and adds Tru Tech’s Harbour Craft Fiberglass Doors and other door collections to ODL’s product portfolio.

Exchange Income Corporation (EIC) agreed to acquire and subsequently completed the acquisition of BVGlazing Systems Ltd. for $95 million (subject to customary post-closing adjustments). The consideration consisted of $23 million in EIC common shares issued to the vendors and $72 million in cash financed through EIC’s credit facility, and the deal received Canadian Competition Act approval before closing.

TriWest Capital Partners acquired a majority interest in Phoenix Fence Corp., a leading Western Canada provider of fencing products and related manufacturing, distribution, and installation services. Phoenix Fence’s existing management team will continue to lead the business as TriWest partners with the company to support its next stage of growth. The investment is TriWest’s sixth platform investment in its $157MM Growth Fund (2021 vintage).

CEMEX USA signed a definitive agreement to purchase the assets of Atlantic Minerals Limited in Newfoundland, Canada, including a construction and chemical aggregates quarry and port operations. The acquisition is intended to secure long-term aggregates reserves and strengthen CEMEX’s supply chain serving Florida and the U.S. East Coast, with closing expected around the end of the first quarter of 2023 subject to conditions and approvals.

Legrand has acquired Encelium, an Ontario, Canada-based manufacturer of advanced commercial lighting control solutions, effective December 6, 2022. The acquisition strengthens Legrand’s position in the commercial lighting control sector and adds Encelium into Legrand’s Building Control Systems division alongside brands such as Legrand Wattstopper, Legrand Shading, and Vantage.

PFM Capital Inc. acquired a majority interest in Sexton Family of Companies (SFOC) alongside co-investors BDC Capital and Roynat Equity Partners. SFOC Chair Brian Kusisto will remain on the board, and Sexton Investments will retain a portion of its ownership. The investment is intended to support SFOC’s next stage of growth across Canada in the building materials distribution, buying group, and transportation segments.

ABC Supply Co., Inc. acquired the Monarch Group of Companies (including Monarch Siding Centre Inc., Monarch Exterior Centre Inc. and Monarch Metal Systems Inc.) to expand into Canada. The deal adds ABC Supply’s first international branches, with five Alberta locations continuing to operate under the Monarch trade name. Monarch is headquartered in Calgary, Alberta and distributes siding, roofing, and other exterior building products.

Foam Holdings, a portfolio company of Wynnchurch Capital, acquired Amvic, Inc. and Concrete Block Insulating Systems, Inc. (CBIS). Amvic manufactures EPS insulated concrete forms and other insulation products, while CBIS manufactures EPS preformed concrete block insulation systems and insulated containers, expanding Foam Holdings’ building products and insulation platform across North America.

Argyle Capital Partners acquired TRS Components Ltd., with the transaction closing in July 2022. Argyle partnered with Toronto-based family office Celina Capital Corporation on the deal, and Celina representatives will join the company’s board. TRS Components manufactures and installs roof trusses, wall panels, and floor joists for residential and commercial construction markets.

An investor group led by Champlain Financial Corporation, including Fondaction, acquired Armoires Cuisines Action (ACA) in July 2022. ACA is a Quebec-based designer, manufacturer, and installer of custom kitchen cabinets and other residential storage products. The Naud van Gennip family and several executives, including chairman François Chaurette, are retaining equity stakes and continuing in leadership roles post-transaction.

SiteOne Landscape Supply, Inc. completed its acquisition of Linzel Distributing, a wholesale distributor of outdoor lighting and landscape supplies. Linzel operates one location in Hamilton, Ontario, expanding SiteOne’s growing presence in Canada and its offering to landscape professionals in Ontario and Eastern Canada.

ODL, Inc. acquired Robover, Inc., an insulated glass manufacturer based in Quebec, Canada, to expand ODL’s insulated glass offerings and growth in North America. ODL indicated that all Robover employees and locations will be retained. Fifth Third Securities advised ODL on the deal, with financing provided by Wells Fargo and legal counsel from Honigman (U.S.) and Faskens (Canada).

Saint-Gobain signed a definitive agreement to acquire Kaycan, Ltd., a family-owned manufacturer and distributor of exterior building materials operating in Canada and the United States, for US$928 million in cash (net acquisition price approximately US$820 million after planned divestiture of a small U.S. distribution arm and expected synergies). Saint-Gobain completed the acquisition on July 29, 2022, strengthening its North American position in siding (vinyl, aluminum, and engineered wood) and reinforcing its strategy in light and sustainable construction. As previously announced, Saint-Gobain is progressing the divestment of Kaycan’s small U.S. distribution business, expected to close in Q3 2022.

Namakor Holdings announced the acquisition of Duchesne Ltd in Montreal on February 8, 2022. Namakor plans to provide additional human and financial resources to accelerate Duchesne’s growth and support expansion in the North American construction materials market.

W.R. MEADOWS, Inc. acquired Gemite Products, Inc., a Mississauga, Ontario-based manufacturer of composite waterproofing and restoration products for reinforced concrete structures. The transaction, advised by Generational Equity, closed on January 21, 2022 and expands W.R. MEADOWS’ waterproofing and restoration portfolio.

ODL, Inc., a North American door glass and doorglass supplier headquartered in Zeeland, Michigan, acquired Verre Select, a specialty glass company based in Quebec, Canada. The transaction combines two leading doorglass suppliers, with ODL absorbing Verre Select’s operations and employees while keeping Verre Select’s organizational structure in place. The acquisition is intended to support strategic long-term growth and expanded reach in Canada and beyond.

Atkore Inc. announced the acquisition of Sasco Tubes & Roll Forming Inc., a Canadian manufacturer of metal framing and related products serving the electrical, mechanical, construction and solar industries. The acquisition expands Atkore’s product portfolio within its Safety & Infrastructure business; financial terms were not disclosed. Sasco is headquartered in Toronto, Ontario, Canada and will continue operating at its current location.

The Riverside Company completed the acquisition of PFB Corporation via an affiliate through a court-approved plan of arrangement under Alberta law. PFB shareholders will receive CAD $24.10 in cash per common share, and PFB is expected to be delisted from the Toronto Stock Exchange following closing.

UpperStage.Capital Inc. acquired Talius, a British Columbia-headquartered cleantech building materials company and long-time Canadian supplier of high-end rollshutters and habitat screens. The acquisition is described as UpperStage’s first private equity deal, with UpperStage COO Frank Christiaens set to step in as Executive Chair of Talius.

GAF, a Standard Industries company, signed a definitive agreement to acquire FT Synthetics, a British Columbia-based manufacturer of synthetic underlayments for steep-slope roofing. Following the acquisition, FT Synthetics will continue operating as an independent business within the GAF portfolio, and GAF plans to invest in scaling operations and supporting growth.

Saint-Gobain, through its building products subsidiary CertainTeed LLC, acquired Vi-Lux Building Products, a custom manufacturer of cellular PVC molding and trim. The deal expands CertainTeed’s siding business and increases production capacity for specialty trim and millwork products serving residential and light commercial markets in the United States and Canada.

Specialty Products and Insulation (SPI), a portfolio company of Dunes Point Capital, acquired NewStar Solutions Inc. NewStar, headquartered in Alberta, Canada, distributes aerogel insulation products serving commercial and industrial end markets.

ENERGI Fenestration Solutions, Ltd., a portfolio company of OpenGate Capital, was sold in a transaction advised by Brown Gibbons Lang & Company (BGL). The sale comprised multiple operating units: ENERGI’s USA operations were acquired by The Vision Group, the Terrebonne Patio Door Division by Novatech Group, and the Laval Extrusions business by Thermoplast Extrusions; financial terms were not disclosed.

Calvert Street sold Groupe LMT, Inc. (LMT) to Muraflex, Inc. LMT is a leading Eastern Canada manufacturer and distributor of architectural doors, frames, and hardware, and Muraflex acquired the company to expand its U.S. distribution network and add complementary product lines.

Krystal Growth Partners-backed Fraser Valley Building Supplies (FVBS) acquired Terrace Builders Centre and Terrace Carpet Centre (also known as Your Décor). The deal expands FVBS to eight stores in British Columbia and includes plans to convert Terrace Builders Centre to the RONA banner and add e-commerce offerings.

WSB Titan, a subsidiary of GMS Inc., completed the acquisition of D.L. Building Materials, Inc., a distributor of wallboard and other interior building products. The deal expands GMS/WSB Titan’s Canadian footprint into the Ottawa–Gatineau market and represents GMS’s first location in Quebec. D.L. Building Materials will continue operating under its existing brand with current leadership remaining in place.

Watermill Group, a private investment firm, has acquired Weston Forest, a distributor and remanufacturer of softwood and hardwood lumber and specialty panel products. Walter Capital Partners participated as a co-investor, with debt financing provided by National Bank of Canada and TD Bank.

Specialty Product Hardware Ltd. (SPH) announced it has acquired Ontario Commercial Doors Ltd., a privately owned Canadian manufacturer and supplier/distributor of industrial and commercial doors. The deal expands SPH’s supply and distribution capabilities and broadens its commercial door offerings across Canada. Transaction terms were not disclosed.

TorQuest Partners and Caisse de dépôt et placement du Québec (CDPQ) announced a majority investment in Barrette Outdoor Living Inc. (BOL), a North American manufacturer of wood-alternative fence, railing, and decking products. BOL’s owner, Les Entreprises Barrette Ltée, will retain a significant minority interest alongside BOL’s management team led by CEO Jean desAutels. Financial terms were not disclosed.

Lafarge Canada Inc. announced the acquisition of Mixcor Aggregates Inc.'s Alberta-based assets/business. The deal brings 26 sites and approximately 50 employees into Lafarge, expanding its aggregates and sustainable building materials footprint in Alberta.

Renin Holdings LLC, a wholly owned subsidiary of BBX Capital, Inc., acquired substantially all assets and assumed certain liabilities of Colonial Elegance for approximately $39.0 million (before working-capital adjustments). Colonial Elegance, headquartered in Montreal, Canada, supplies and distributes building products such as barn doors, closet doors, and stair parts, expanding Renin’s North American product and customer footprint.

AccessSMT, a portfolio company of Speyside Equity, completed the sale of its AccessSMT Wholesale Division on January 31, 2020. The divestiture was described as a strategic move to streamline the business and focus on AccessSMT’s core project management platform, while the Wholesale Division supplied security solutions and door hardware products across Canada.

Wynnchurch Capital, LLC acquired Alliance Designer Products, Inc., a manufacturer of polymeric sand and related installation products used in residential and commercial hardscaping projects. Alliance serves customers in Canada, the United States, and Europe from its headquarters in Mirabel, Québec.

Hardwoods Distribution Inc., through its subsidiary Rugby Holdings LLC, acquired certain distribution assets of Atlanta Hardwood Corporation for US$3.7 million. The acquired assets include Hardwoods of Atlanta, LLC, Hardwoods of North Georgia, and Hardwoods of Alabama, LLC (operating as Hardwoods Incorporated), while excluding Atlanta Hardwood’s lumber manufacturing operations. Hardwoods Distribution plans to consolidate Georgia operations into existing facilities and operate the acquired business under its Rugby brand.

Beacon Roofing Supply, Inc. acquired The Roofing Connection, a distributor focused primarily on residential roofing products and related accessories. The Roofing Connection operates a single location in Dartmouth (Halifax area), Nova Scotia, and will operate as part of Beacon Roofing Supply Canada Company, expanding Beacon’s presence in Nova Scotia.