November M&A Roundup: 4Q Momentum Continues on Building Materials Strength

With more secure economic footing, dealmaking activity in wholesale distribution has considerably improved over the past five months compared to the first half of the year when the industry was trying to make sense of the barrage of tariff policy updates. MDM tracked 27 new distributor M&A transactions during November — either pending or completed — that involved companies primarily in the building materials, industrial or commercial hardgoods sectors. It tied July for the second-most active month of 2025, only behind October’s robust count of 35.  November pulled our 2025 monthly M&A…