Building Systems and Construction Products
Building systems and construction products is a complex industry defined by diverse factors that can drive cyclicality, concentration of profit pools, and unexpected investment returns.
Core Commercial Due Diligence (CDD) topics will typically include: Channel dynamics amidst complex logistics; Regulatory issues at multiple levels; Labor dependencies; Supply chain disruptions or resilience; Complex decision-making processes at customers, laborers (with powerful trades, union dynamics, etc.); Varying vulnerabilities to cyclicality factors; Significant technology (material science, engineered solutions, and IT) disruptions; Business model transformations with balance sheet implications (CapEx to OpEx conversions, etc.).
Of course, all the above are subject to significant sub-segmentation of customers and competitors with varying and competing business models. Whether you are considering investing in equipment, materials, assets, or services (whether aftermarket, installation, or advisory services), it is critical to research the matters bespoke to that business, and to avoid "boiling the [construction] ocean."
Utilizing investigative interviews with the trades, designers and engineering consultants (EPCs, MEP consulting engineers, architects, etc.), and end-customers, Matters Graph has experience digging deep into the prospect, unpacking the unique (to the target) and common to the sector business models, and positioning and brand equity of a target's goods and services, providing ground-level insight into purchasing decisions, differentiators, channel behavior, market size and more.
Matters Graph has supported a wide range of acquisitions across core construction materials and tools, systems, technology (including software, hardware, and embedded systems), materials, services, and more.
Recent Matters Graph Building Systems and Construction Products include (for details on Matters Graph Diligence exercises that PitchBook covered, click on the PitchBook 
icons below to view deal details):
Core Construction Materials and Tools
- Architectural coatings
- Chainsaw equipment and consumables
- Chimneys and vents
- Clay and concrete products (pipes, tiles)
- Condensate management systems
- Consumer and commercial fire detection and suppression products
- Doors and partitions
- Elevators
- Flooring and cabinets for new home construction
- Framed, frameless, and inset cabinetry products
- Grills, registers, and diffusers
- Industrial welding equipment and consumables
- Metalworking bench and standing tools
- Mini rolling steel doors
- Paints and coatings
- Prepackaged electrical switches and relays
- Prosumer welding equipment
- Solar truss systems
- Steel fabricated products
- Windows (wood, aluminum, PVC)
Core Systems
- Air ventilation products
- Cabinet faces/fronts (kitchen and home organization)
- Cabinet refacing
- Elevator (lift) systems and components
- Evaporator coils
- Fire detection systems – commercial
- Heat pumps
- HVAC air handlers
- HVAC primary install ancillary parts
- HVAC systems
- Indoor air quality for commercial and healthcare buildings
- Integrated building access control and intrusion detection equipment and services
- Rental industrial grade backup generators
- Residential and commercial backup power generators
- Specialty plumbing equipment
Supporting Systems
- Access control (hardware and software)
- Building controls and systems electronic componentry
- Clean agent fire suppression
- Commercial plumbing smart fixtures
- Commercial washroom fixtures
- Hand dryers
- Hardwire lighting systems
- Kitchen and bath cabinets
- LED lighting products and installation
- Lighting fixtures
- Mass notification systems
- Public address and intercom systems
- Residential cabinet fronts and doors
- Surveying technologies
- Thermostats and IAQ wall controls
- Water treatment and filtration for manufacturing applications
Services
- Outsourced construction services and solutions—self storage facilities
- Trade wholesaler supply chain, merchandizing, and marketing services
