Intrepid Investment Bankers, a leading middle-market investment bank and the advisory arm of global financial group MUFG, announced today that it acted as the buyside advisor to ECMD on its acquisition of Falls City Lumber. ECMD is an employee-owned supplier of building brands with a breadth and depth of product offerings that allows it to be a one-stop shop, simplifying customer supply chains. Founded in 1982, ECMD partners with big-box retail and pro lumber yards nationwide to provide a world-class supply chain to builders, remodelers, finish carpenters, and consumers with the materials needed to complete everything from simple projects to dream houses. Falls City Lumber is a full-service specialty wholesale distributor of boards, pattern stock, fiber
cement, and PVC products servicing retail lumber yards in Kentucky, Indiana, Ohio, and West Virgina. Falls City Lumber is headquartered in Louisville, KY, with operations in Cincinnati, OH. This strategic alliance allows ECMD to continue to enhance its existing distribution channels, customers, and geographies. Intrepid was retained by ECMD to identify strategic acquisition targets to strengthen their portfolio of building products companies.
“The Intrepid team did a great job working with us on this transaction from ideation to completion,” said Tom Burwell Senior Vice President and Chief Financial Officer of ECMD, Inc. “Intrepid was our partner during this process translating our goals and specifications into actionable acquisition candidates.”
“It has been a pleasure working with ECMD to help identify and complete the acquisition of Falls City Lumber, a transaction that will further strengthen their offerings and capabilities,” said Asher Safvi, a Director in Intrepid’s Industrials and Business Services Group.