BlueLinx Holdings

BlueLinx Holdings (NYSE: BXC) is a leading wholesale distributor of building and industrial products in the United States with over 50,000 branded and private-label SKUs, and a broad distribution footprint servicing 40 states.

BlueLinx has a differentiated distribution platform, value-driven business model and extensive cache of products across the building products industry. Headquartered in Atlanta, Georgia, BlueLinx has over 2,500 associates and distributes its comprehensive range of structural and specialty products to approximately 15,000 national, regional, and local dealers, as well as specialty distributors, national home centers, industrial, and manufactured housing customers.

Mitchell B. Lewis serves as its President, CEO and Director.

BlueLinx was formed in May 2004, when senior management purchased the assets of the distribution division from Georgia-Pacific. Cerberus Capital Management provided the equity financing and became majority owner.

The distribution division of Georgia-Pacific Corporation began operations in 1954 with 13 warehouses used for storage and distribution of Georgia-Pacific plywood.

Over the next 40 years, the division grew to over 130 warehouses nationwide, offering a wide range of products. In 1994, the division consolidated its warehouses and created two large sales and operations centers in Denver, Colorado and Atlanta, Georgia for the purposes of operational efficiency.

BlueLinx completed its initial public offering on the New York Stock Exchange on December 14, 2004.

On October 18, 2017, BlueLinx Holdings Inc., Cerberus Capital Management, and BTIG as underwriter, entered into an underwriting agreement. Cerberus sold 3,863,850 shares, or about 49% of the company’s common stock at a price of $7.00 per share.

On March 9, 2018, BlueLinx entered into a planned merger agreement to buy Cedar Creek Holdings from Charlesbank Equity. The merger closed on April 13, 2018. The company’s operations now consist of a network of over 60 distribution centers located throughout the U.S.

Traded as:           NYSE: BXC;          Russell 2000 Index component

Industry:              Wholesaling

Founded:            2004

Headquarters:   Atlanta, Georgia, United States

Products:             Building products

Website:              www.bluelinxco.com

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