Industry News

BFS Buying Software Firm

Builders FirstSource, Dallas, Tx., has entered into a definitive agreement to pay $450 million to purchase WTS Paradigm, LLC, a software solutions and services provider for the LBM industry.

Builders FirstSource, Dallas, Tx., has entered into a definitive agreement to pay $450 million to purchase WTS Paradigm, LLC, a software solutions and services provider for the LBM industry. Paradigm serves about 250 customers with over 70,000 end users, including manufacturers, retailers, dealers, home builders and remodelers.

It is expected to generate revenue of approximately $50 million in 2021.Based in Middleton, Wi., Paradigm’s offerings include ERP, virtual home design, and quoting software, along with a contractor sales app, among other industry solutions.

Builders FirstSource operates in 40 states with 550 locations.

526 Media Group

Publisher of two monthly magazines for LBM dealers and distributors—The Merchant Magazine, founded in 1922 to serve the western U.S., and Building Products Digest, formed in 1982 to serve east of the Rockies.

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