If private equity firm Kelso & Co. succeeds in selling Custom Building Products, a transaction reportedly worth about $800 million, the deal will be an important sign of the 'slow, painful resurgence of the real estate economy," says Christopher Chase, managing director in the industrial group of Morgan Joseph TriArtisan, speaking at ACG New York's 6th Annual Manufacturing & Logistics Conference.

"We haven't seen a deal like this in half a decade," Chase says. The sale demonstrates that "liquidity is developing in the M&A market for building materials companies," Chase tells Mergers & Acquisitions. 

Subscribe Now

Complete access to real-time information and analysis of news and trends in the industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.