As the world opened up after the pandemic, the construction industry saw a boom in demand. Foundation Building Materials (FBM) pursued a buy and build strategy to capitalise on this, with an investment from American Securities driving the development of an e-commerce platform to target its specialised customer base.
American Securities Senior Partner Kevin Penn discusses FBM’s buy and build approach (0:56); maintaining efficiency during periods of growth (2:36); how FBM developed its e-commerce platform (5:00); to reach its target audience (11:00); and the operational expertise which CD&R brought as a co-investor (12:42).
