There are a variety of important factors driving M&A activity at any given time. However, the effect that some of these factors have is not always what would be anticipated. Global M&A activity continued at a record-setting pace throughout 2015, surpassing the previous record set in 2007, and nowhere is it more evident that we are in a fertile time for M&A than in the LBM segment. In the current market, the largest companies in the industry are combining or being acquired. Regional businesses, attractive single yards, and specialized dealers all are being sought by buyers.
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