BlueLinx Holdings (NYSE: BXC) is a wholesale distributor of building and industrial products in the United States. Headquartered in Atlanta, Georgia, Dwight A. Gibson 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 Cerberus Capital Management, L.P. is an American private equity firm,Leaders Magazine"Providing Economic Opportunity: An Interview with The Honorable Dan Quayle, Chairman, Cerberus Global Investments, LLC". specializing in distressed investing. ...

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 Denver () is a consolidated city and county, the capital, and most populous city of the U.S. state of Colorado. Its population was 715,522 at the 2020 census, a 19.22% increase since 2010. It is the 19th-most populous city in the Unit ...

and

Atlanta, Georgia Atlanta ( ) is the capital and most populous city of the U.S. state of Georgia. It is the seat of Fulton County, the most populous county in Georgia, but its territory falls in both Fulton and DeKalb counties. With a population of 498,7 ...

for the purposes of operational efficiency. BlueLinx completed its

initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investme ...

on the

New York Stock Exchange The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its listed ...

on December 14, 2004. On October 18, 2017, BlueLinx Holdings Inc.,

, 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 Charlesbank Capital Partners is a private equity investment firm focusing on management-led buyouts and growth capital financing of middle-market companies. The firm typically invests $50 million to $250 million of equity per transaction in com ...

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.

References

External links

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BlueLinx SEC filings
{{Authority control Companies listed on the New York Stock Exchange Wholesalers of the United States Forest products companies of the United States Building materials companies of the United States Companies based in Atlanta 2004 initial public offerings American companies established in 2004 2004 establishments in Georgia (U.S. state) Georgia-Pacific