BLOOMFIELD HILLS MI , Nov. 4, 2009 (Business Wire) - BlackEagle Partners, LLC, a private equity firm focused on turnarounds and special situations, and Building Industry Partners, LLC, a private equity firm focused on the U.S. building products industry, sponsored a newly formed entity, US LBM Holdings, LLC ("US LBM" or the "Company"), in partnership with L.T. Gibson, to acquire three regional operations from Stock Building Supply, LLC, the second largest lumber and building materials distributor in the U.S. The three markets include Wisconsin, Central New York and Connecticut, all longstanding, previously independent businesses with #1 or #2 market share supported by strong local management. US LBM will operate as a holding company, re-establishing the acquired operations as local autonomous businesses under their former or independent trade names, Wisconsin Building Supply, Bellevue
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