Sales of new homes in the U.S. have continued to climb in recent months, according to the U.S. Department of Commerce. Harris Williams & Co. managing director Michael Hogan explains that private equity firms and strategic buyers will continue to seek deal opportunities in the construction industry. Harris Williams recently advised cabinet manufacturer Woodcraft Industries on its sale to Quanex Building Products Corp. (NYSE: NX). The deal marked an exit for Olympus partners. Other recent deals include Wynnchurch Capital’s investment in Gypsum Technologies Inc. and Masonite International Corp.’s (NYSE: DOOR) acquisition of USA Wood Door. Hogan spoke to Mergers & Acquisitions about M&A trends in the construction sector and progress in the housing recovery.

 

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