Stout is pleased to present our 2023 Building Products Annual Industry Update report. We hope that you find this report helpful and that it serves as a valuable resource to you in staying up to date on the market.

We look forward to staying in touch and encourage you to contact us directly if you would like to discuss our perspectives on current market trends or potential M&A opportunities, or to discuss our relevant advisory experience.

Overview for This Edition:

• Key Insights and Observations
• M&A Activity Trends
• Macroeconomic Update
• Building Products Market Trends
• Recent Stout Transactions Spotlight