Building Industry Partners

What Building Industry Partners does

Building Industry Partners (BIP) is a Boston-headquartered private investment firm founded in 2008 by Managing Partner Matt Ogden that focuses exclusively on the U.S. building products industry. The firm targets building products manufacturers, distributors, dealers, and specialty service companies with $10 million to $350 million in annual sales, partnering with operators who retain meaningful ownership alongside BIP post-transaction. BIP invests its principals' own capital alongside that of a like-minded investor base that includes accomplished active and retired building industry entrepreneurs, and structures investments to support geographic expansion, strategic acquisitions, ownership transitions, and succession planning.

The firm differentiates itself through a people-focused investment model that includes Human Capital Management programs and a commitment to broad-based employee ownership at every sponsored portfolio company, combined with a bench of approximately 10 Operating Partners and Strategic Advisers drawn from senior ranks at companies such as Lennar, ProBuild, MiTek USA (Berkshire Hathaway), Hanley Wood, BMC, and Robert Bowden. BIP's principals report cumulative gross investment returns of approximately 7.0x ROI and over 50% IRR since inception. Its current portfolio of five active platforms spans specialty laminations (North American Specialty Laminations), regional LBM distribution (Southeast Building Supply Interests), West Coast LBM (West Coast Lumber), residential cabinetry (United Cabinet Holdings), and fencing distribution (U.S. Fence Solutions), supplemented by an M&A advisory arm, Building Industry Advisors. Historical exits include US LBM (grown from $150M to over $3.0B), Rugby Architectural Building Products ($76M to $280M+), Kodiak Building Partners, Homewood Holdings (~5x sales growth), Endeavor Fire Protection (sold to APi Group), and Alta Forest Products (4.8x return).

Name

Building Industry Partners

Legal name

Building Industry Partners

Website

http://buildingip.com/

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

11–50 employees

Short description

Building Industry Partners is a Boston-based private investment firm founded in 2008 that provides private equity capital exclusively to U.S. building products manufacturers, distributors, dealers, and specialty service companies with $10M–$350M in revenue, partnering with operators who retain ownership alongside the firm.

Ownership category

akta.pro rank

Product category

Building Products Private Equity / Sector-Specialist Investment Management

NAICS

Management of Companies and Enterprises (55111)

SIC

Investors, Nec (6799)

akta.pro primary industry

Sector-Focused Venture Capital (Vertical Specialists) (FSANAAAD)

Keywords

• Building products private equity
• Middle market investment
• Building industry investment
• Human capital management
• Employee ownership investing

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Private Equity Investment Returns: BIP generates returns through successful exits of portfolio companies. Their principals have generated cumulative gross investment returns of approximately 7.0x ROI and over 50% IRR for partners in building industry investments. Revenue is generated through carried interest and equity appreciation upon exit of portfolio investments.
2. Investment Management: BIP invests its principals' own capital as well as that of like-minded investors including accomplished active and retired building industry entrepreneurs. The firm takes equity positions in portfolio companies and provides capital for growth, acquisitions, and business transitions.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Building Industry Partners is a private equity investment firm that provides equity capital, strategic guidance, and operational expertise to building products manufacturers, distributors, dealers, and specialty service companies across the U.S. It invests its principals' own capital alongside like-minded investors in companies with $10M–$350M in annual sales, implementing Human Capital Management programs and broad-based employee ownership at every sponsored company. Complementary services include M&A and strategic advisory through Building Industry Advisors.

Product overview

Building Industry Partners (BIP) is an investment firm focused on the U.S. building industry that provides private equity investment management services, not a technology product company. Its core offerings include investment management services partnering with entrepreneurs to build exceptional businesses, Human Capital Management programs implementing employee ownership strategies, and Building Industry Advisors providing M&A and strategic advisory services. The current portfolio includes six companies: American Laminations (specialty laminations), Southeast Building Supply Interests (building materials distribution), West Coast Lumber (lumber dealer), United Cabinet Holdings (cabinetry manufacturing), U.S. Fence Solutions (fencing distribution), and Building Industry Advisors (advisory services). Previous notable exits include Endeavor, Kodiak Building Partners, US LBM Holdings, Homewood Holdings, and Rugby Architectural Building Products.

Differentiator

Problem solved

Functional benefit

Products and services

• Investment Management Services Private equity investment management services focused on the U.S. building industry, partnering with entrepreneurs and business owners to build exceptional and enduring businesses through long-term relationships built on respect, honesty, fairness, communication, and collaboration.
• Building Industry Advisors M&A, capital, and strategic advisory services for middle-market building products and construction service companies, leveraging BIP's network of industry relationships.
• American Laminations (North American Specialty Laminations) North American leader in differentiated lamination, fabrication and finishing solutions to the building products industry, producing laminated door and window profiles, wood and composite components for cabinet door and drawer fronts, furniture components, and architectural mouldings.
• Southeast Building Supply Interests (SBSI) Building materials distributor serving local, regional, and national builders and contractors, as well as DIY customers, across eleven locations in Tennessee, Georgia, North Carolina, South Carolina, and Alabama, operating brands including Warner Robins Building Supply, Henson Building Materials, Mountain Building Supply, Wallace Building Supply, Haywood Builders Supply, and Buettner Brothers Lumber Co.
• West Coast Lumber Lumber and building materials dealer with four locations in California, serving the west Los Angeles metro region, Malibu, Santa Barbara, Bakersfield, and San Diego markets.
• United Cabinet Holdings Residential kitchen and bath cabinetry manufacturer holding company with operations in the Southeastern U.S., owning Tru Cabinetry.
• U.S. Fence Solutions Fast-growing national fencing industry holding company investing in leading independent residential and commercial fencing distributors, installers, and highway guardrail and fencing fabricators, operating Split Rail Fence & Supply and Ideal Fencing.

Quantifiable outcome

• 7.0x ROI and 50%+ IRR cumulative gross investment returns for partners since 2008
• +5 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Building Talent FoundationcoreStrategic or Co-development Partner · 23 May 2023Building Industry Partners and Building Talent Foundation announced a collaboration designed to make the built environment 'Employer of Choice', focusing on elevating the building industry and its workforce through people-focused investment and business principles.

Scale indicators8 records

Recent moves12 records

Expansion highlights5 records

Market position

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/building-industry-partners

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Building Industry Partners