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Foundation Building Materials
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Leading specialty building materials distributor
Foundation Building Materials
Work Here?
Leading specialty building materials distributor
Overview
Foundation Building Materials distributes specialty building materials to construction projects across North America through 370+ locations and brands like RIS, PacSource, and Unified Door and Hardware Group. It sources and distributes gypsum wallboard, suspended ceilings, metal framing, insulation, and related products via local branches and brand platforms that simplify purchasing and provide project support. The company differentiates itself with a wide geographic footprint, a diversified brand portfolio, and a strong emphasis on service and community, focusing on relationships as much as transactions. Its goal is to help customers complete projects efficiently by delivering quality materials and expert guidance through a broad, relationship-focused distribution network.
About Foundation Building Materials
Industries
Industrial & Manufacturing
Company Size
1,001-5,000
Company Stage
Acquired
Total Funding
N/A
Headquarters
Tustin, California
Founded
2011
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Simplify's Take
What believers are saying
- Lowe's expects FBM and ADG to add about $8 billion revenue in 2026.
- Lowe's calls FBM a $250 billion pro-market platform with California, Northeast, Midwest reach.
- FBM keeps opening tuck-in deals, including Stucco Master and Unified Door Hardware in 2025.
What critics are saying
- Lowe's completed FBM on October 9, 2025, ending FBM's independence.
- Lowe's cut 600 corporate roles in February 2026, signaling post-merger consolidation pressure.
- Lowe's said FBM and ADG dilute 2026 margins by 30-50 basis points.
What makes Foundation Building Materials unique
- FBM's 370-plus North American locations serve pro contractors across interior building products.
- Its lineup spans drywall, framing, ceilings, doors, hardware, insulation, and trade credit.
- Ruben Mendoza built FBM from 2011 into a scaled distributor before Lowe's, October 2025.
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Funding
Total Funding
$0
Below
Industry Average
Funded Over
1 Rounds
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Health Savings Account/Flexible Spending Account
Life Insurance
401(k) Company Match
Legal Services
Critical illness
Growth & Insights and Company News
6 month growth
↑ 22%1 year growth
↑ 22%2 year growth
↑ 22%Lowe’s has agreed to acquire Foundation Building Materials for $8.8 billion to enhance its contractor business. This move is part of Lowe’s strategy to expand in the professional builder market, alongside its recent $1.33 billion acquisition of Artisan Design. The company raised its annual sales forecast to $84.5 billion-$85.5 billion, up from $83.5 billion-$84.5 billion, after exceeding second-quarter profit estimates with earnings of $4.33 per share.
/PRNewswire/ -- American Securities LLC ("American Securities") and CD&R today announced they have entered into a definitive agreement to sell Foundation...
American Securities and CD&R have agreed to sell Foundation Building Materials (FBM) to Lowe's for $8.8 billion. FBM, a leading distributor of interior building products in North America, has grown significantly under its current ownership, achieving 27% annual revenue growth and 31% annual EBITDA growth. The company operates over 370 locations in the U.S. and Canada, serving 40,000 professional customers.
Dunes Point Capital, LP has sold Unified Door and Hardware Group, LLC to Foundation Building Materials, LLC. Located in Pennsauken, NJ,... Read More
Hello FBM Family, I am pleased to announce that FBM has completed the acquisition of Stucco Master Supply, LLC. in Monroe, Ohio. Stucco Master Supply was started in 2018 by Mike Gibbs. Mr. Gibbs has well over 20 years of EIFS and stucco experience and in 6 short years, built Stucco Master Supply into a […]
Foundation Building Materials is Hiring for 113 Jobs on Simplify!
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About Foundation Building Materials
Industries
Industrial & Manufacturing
Company Size
1,001-5,000
Company Stage
Acquired
Total Funding
N/A
Headquarters
Tustin, California
Founded
2011
Foundation Building Materials is Hiring for 113 Jobs on Simplify!
Find jobs on Simplify and start your career today