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US LBM Holdings, a specialty building products distributor, files for a $100 million IPO

May 10, 2017
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US LBM Holdings, a uS distributor of specialty building materials for homebuilders and contractors, filed on Wednesday with the SEC to raise up to $100 million in an initial public offering.

The Buffalo Grove, IL-based company was founded in 2009 and booked $2.7 billion in sales for the 12 months ended December 31, 2016. It has not yet selected an exchange, but plans to list under the symbol LBM. Barclays, RBC Capital Markets and Credit Suisse are the joint bookrunners on the deal. No pricing terms were disclosed.