BlueLinx Holdings Will Receive the Acquisition of the Year from ACG Atlanta
Staff Report From Metro Atlanta CEO
Tuesday, October 30th, 2018
The Atlanta Chapter of The Association for Corporate Growth, a global professional organization with the mission of Driving Middle-Market Growth, recognizes BlueLinx Holdings for the 2018 Deals of the Year Awards.
The Deals of the Year Award recognizes outstanding transactions or IPOs completed from July 1, 2017 through June 30, 2018 that have had a major impact on business in Atlanta and the region.
“The entire BlueLinx team is proud to be selected for the honor of 2018 Deal of the Year,” said Shyam Reddy, Senior Vice President and Chief Transformation Officer. “We embarked on a turnaround strategy several years ago that ultimately set the table for acquiring Cedar Creek. The transaction has enabled us to provide a more comprehensive product offering to our customers in additional markets in a more operationally efficient manner.”
“The deal team was especially dedicated to the BlueLinx acquisition of Cedar Creek in light of the potential synergies and transformation aspects of the transaction,” said Mitch Lewis, CEO and President of BlueLinx. “We’re excited about leveraging our new capabilities, the team’s relentless commitment to excellence, and the opportunity to further consolidate the industry in the years to come.”
"Bank of America Merrill Lynch is proud to support ACG in recognizing companies that continue to make a positive economic impact on Atlanta," said Danielle Cheung, the 2018 ACG Atlanta Deals of the Year Committee Chair and Atlanta Market Executive for Bank of America Merrill Lynch. "Bluelinx is a community and industry leader, and we congratulate them on having the Acquisition of the Year."
The ACG Atlanta Deals of the Year selection committee consists of esteemed Atlanta business leaders. Deals are considered based on but not limited to the following criteria: strategic execution, significant value, potential economic development impact in Atlanta, potential for incredible local and global financial impact, and the involvement of key Atlanta investors, executives, and serial entrepreneurs.
ACG Atlanta will present the award on November 13th at the Atlanta History Center following a Keynote by famed Economist Ben Stein.