FMI Announces Sale of RAKS Building Supply to US LBM

FMI Capital Advisors is pleased to announce the sale of RAKS Building Supply (RAKS) to US LBM, a leading distributor of specialty building materials in the United States. FMI Capital Advisors served as the exclusive sell-side financial advisor to RAKS for this transaction.

Founded in 1986 and headquartered in Los Lunas, New Mexico, RAKS offers an extensive portfolio of home building supplies, such as lumber, floor and roof trusses, windows, doors and hardware. The company operates five locations throughout the Albuquerque, New Mexico, metropolitan area with lumberyards, attached DIY home-centers and a truss manufacturing plant. RAKS is the leading independent supplier of building products and materials to single and multi-family builders in Albuquerque.

"RAKS has built the leading building supply company in its market through dedication to customer service, outstanding local knowledge, and a strong family culture,” says Porter Wiley, FMI Managing Director and lead on the transaction. “There’s good reason LBM Journal named them Dealer of the Year in 2022.”

“When we started to think about an exit, we knew we wanted an investment bank that understood our business cold,” said Kenny Trujillo, co-founder of RAKS. “That’s why we chose FMI. They were able to communicate our story despite the craziness of the Covid years. And they were able to find us the right deal with the right buyer. We couldn’t be happier.”

About FMI Capital Advisors
FMI Capital Advisors has fully dedicated and deeply experienced investment banking teams advising clients on merger and acquisition (M&A) transactions across the built environment. We maximize value for our clients through our deep market knowledge, strong technical expertise and an unparalleled network of industry relationships. For more information, visit fmicapitaladvisors.com.

FMI Capital Advisors Contact:
Porter Wiley
Managing Director
[email protected]
919.455.8114