PRIVATE COMPANY PREVIEWFRAMECO LUMBER & TRUSS · POWERED BY LMBR
2027–2032 CORE SCALE PLAN
Acquire then expand.
FrameCo's modeled five-to-six-year build reaches approximately $890 million of revenue and 42 revenue-producing divisions across seven states—then leaves ten additional divisions as post-2032 upside.
THE 2032 UNDERWRITING CASE
Acquire at single-asset pricing. Add lumber and LMBR. Reach sponsor scale inside a conventional hold window.
Acquiretruss anchors
+Addlumber + satellites
=Scalewith LMBR
THE 2032 CORE SCALE MILESTONE
Management projections, not historical results or guarantees. The EBITDA range excludes Reload contribution and is before corporate, regional and LMBR overhead.
THE THREE-PHASE STORY
Three phases.
One 2032 milestone.
The core build opens 42 divisions by 2032. The remaining ten divisions stay outside the sponsor-horizon case as follow-on or buyer upside.
PHASE 1LAUNCH
Acquire the anchors.
Build the operating base.
FrameCo · 2027: launch Colorado, both Texas hubs and New Mexico—14 revenue-producing divisions in the model.
LMBR: connect the material list, quote, order, fulfillment, delivery evidence and invoice in one operating workflow.
ColoradoDallas–Fort WorthTexas TriangleNew Mexico14 divisions
PHASE 1 OUTCOMEA multi-market platform with real operating density, customers and cash flow.
PHASE 2EXPAND
Prove, integrate and deepen.
FrameCo · 2028–2029: open Arizona, deepen Colorado and established markets, and begin drywall capability—14 additional divisions.
LMBR: extend SHEP's customer intelligence and add the planned Framing Takeoff capability with human review guardrails.
STRATEGIC EFFECTMore revenue and margin from every established customer relationship.
PHASE 3SCALE
Reach sponsor scale.
FrameCo · 2030–2032: extend into Nevada and Utah, enter Oklahoma and add remaining Arizona, Colorado and Texas density—14 additional divisions.
LMBR: turn the connected network into a repeatable operating system that improves decisions, service and cost visibility across every location.
2032 OUTCOME42 divisions, seven states and approximately $890 million of modeled revenue.
Arizona becomes eligible after June 30, 2027 and is modeled from 2028. Timing and sequencing remain subject to acquisition availability, diligence, capital availability, market conditions and operating performance.
THE INVESTOR CASE
Fund the first three years.
Build to sponsor scale.
The fixed $220 million ask funds Round 1 and Years 1–3—not the entire path to 2032. Later phases require follow-on capital sized as acquisition opportunities and operating performance are proven.
Round 1 ask
Platform equity for Years 1–3 under the base bolt-on case.
Two planned closes
September 2026 and March 2027.
Equipment financing
Rolling stock financed at the asset level rather than added to the equity ask.
Modeled cash trough
Minimum cumulative cash balance in 2029; modeled at $31.4M in 2030.
Modeled revenue CAGR
From $120.5M in 2027 to $890.2M in 2032 over five annual compounding periods.
RELOAD · SEPARATE PROFIT CENTER
Reload EBITDA is not included in the headline totals.
The $79.1–96.9 million 2032 division-level EBITDA range excludes Reload contribution. The consolidated cash schedule does include Reload operating cash flow, so the two presentations should not be added together without also accounting for corporate, regional and LMBR overhead.
INSTALLED FRAMING · UNBUDGETED UPSIDE
+$7,920 of FrameCo profit per house.
These economics are a management memo case, not committed backlog. No installed-framing revenue or profit is included in the $890.2 million revenue, $79.1–96.9 million division EBITDA range, Round 1 ask or valuation.
Illustrative impact: adding the $32.5 million memo profit to the headline division EBITDA range produces $111.6–129.4 million before corporate, regional, LMBR and framing-specific TRADE fees. This is not a consolidated forecast: installed-framing revenue includes intercompany materials that still require elimination.
Management projections, not historical results or guarantees. Scenario A is the base capitalization. Any Scenario B combo acquisition requires incremental capital sized at closing.
ONE CUSTOMER. ONE STACK.
A vertically connected building platform.
FrameCo expands market by market—sequencing products only after the core lumber-and-truss operation is established.
Lumber & Hardware
Complete framing packages, dependable inventory and the hardware professional builders need—coordinated through one accountable supplier.
Roof & Floor Trusses
Engineered component packages designed, manufactured and delivered to support accurate schedules and efficient field installation.
Wall Panels
Factory-built wall systems bring repeatability, labor efficiency and tighter quality control to the jobsite.
Installed Framing
Material supply, structural components and field execution work as one coordinated operation from release through completion.
TRADE Operating System
The field-facing system connects subcontractors, project information, scheduling, crane activity and delivery coordination.
LMBR Operating System
FrameCo’s operating intelligence connects material lists, quotes, orders, fulfillment, delivery evidence, invoicing and cost data.
HOW WE OPERATE
Owner-led. People-powered. System-connected.
Privately Owned & Operated
“The Founder & CEO knows you and appreciates your business.”
People & The System
Experienced people, clear accountability and one connected operating system create a consistently easier customer experience.
THE FOOTPRINT
Regional density before national sprawl.
Five hub markets create local purchasing power, manufacturing leverage and satellite coverage. Two additional states extend FrameCo’s regional reach.
ArizonaColoradoDallasTexas TriangleNevada / UtahNew MexicoOklahoma
FRAMECO
HUB MARKET
HUB MARKET
TRUSS
LUMBER
RELOAD
FRAMING
SATELLITES
THE FRAMECO NETWORK
Built market by market.
Connected as one company.
42Revenue-producing divisions modeled open by 2032
The full-build plan reaches 52 divisions. The ten post-2032 divisions are retained as follow-on or buyer upside.
THE REGIONAL FOOTPRINT
See every phase.
Read every market.
Numbered markers show the market geographies added in each phase. Division counts also include product and operating entities within those markets.
01
02
03
04
05
06
07
7-state planned footprintSelected-phase markets are numbered to match the list
Illustrative operating plan. Locations and sequencing remain subject to acquisition timing, diligence, market conditions and operating performance.
01SOUTHWEST HUB MARKET
Arizona
Regional headquarters · Lumber · Truss · Reload · Installed framing · Drywall
TempeMaricopaBuckeyeNorth PhoenixPrescottFlagstaffPaysonYuma · post-2032
02MOUNTAIN HUB MARKET
Colorado
Lumber · Truss · Installed framing · Drywall · Millwork
DenverColorado SpringsThorntonFort CollinsGreeleyCastle RockStrasburg
03NORTH TEXAS HUB MARKET
Dallas–Fort Worth
Lumber · Truss · Satellites · Drywall · Full-service LBM
Dallas flagshipSatellite yard 01Satellite yard 02Satellite yard 03Satellite yard 04
04GULF COAST HUB MARKET
Texas Triangle
Lumber · Truss · Satellites · Drywall · Full-service LBM
San Antonio flagshipSatellite yard 01Satellite yard 02Satellite yard 03Satellite yard 04
05DESERT / MOUNTAIN HUB MARKET
Nevada + Utah
Lumber · Truss · Satellites · Drywall
Las VegasSt. GeorgeRegional satellites
06STANDALONE MARKETS
New Mexico · Oklahoma
Integrated lumber-and-truss operations in high-fit regional markets
AlbuquerqueSanta FeOklahoma
THE FRAMECO OPERATING SYSTEM
Purpose-built by an LBM operator to connect the work—from a customer’s material list to a matched quote, scheduled order, delivery evidence and invoice.
JOURNEY OF AN ORDER
From a handwritten 2×4
to a delivered order.
42 sec.
From photographing the material list to a paid, scheduled order in the demonstrated LMBR workflow.
SSHEP AI
INDIVIDUAL CUSTOMER INTELLIGENCE
SHEP learns every customer.
Every order, answer, correction, approval and delivery preference strengthens that customer's individual profile. LMBR becomes faster, more accurate and easier to use with every interaction.
Product preferencesPricing & buying patternsDelivery & jobsite preferencesEvery answer becomes memory
ASK SHEP ABOUT ANY CUSTOMER
Institutional knowledge—available in seconds.
FrameCo leadership can ask SHEP for a summary of an account and receive a decision-ready briefing built from that customer's orders, answers, service history and financial activity.
LEADERSHIP ASKS“SHEP, give me a summary of Copper Mesa Builders.”
SHEP · CUSTOMER BRIEFCOPPER MESA BUILDERS
BUYING PATTERN
Repeat framing packages with strong OSB volume; Tuesday morning delivery preference.
WHERE WE'RE WINNING
OSB margin is performing above the account target.
WHERE WE NEED TO IMPROVE
Credits are taking an average of 3.4 days to be picked up.
CREDIT HEALTH
Illustrative customer briefing shown with sample data.Flags credit problems, aging changes and payment behavior when attention is needed.
LIVE FRAMECO DEMO
Launch full app →Open the complete LMBR operating app.
Choose a customer, salesperson, manager, credit, design, yard, or driver experience—all connected in one interactive demo.
The customer, dispatch, yard team, driver and accounting all work from the same order.
SHEP learns from every order and every answer, building a more useful profile for each customer over time.
Telematics activity, wages, mileage and live fuel costs reveal the exact cost to serve each order.
PHASE 2
Framing Takeoff · SHEP Tool
The next expansion of SHEP: turn framing plans into actionable material intelligence, connecting takeoff decisions directly to pricing, customer history, fulfillment and field execution.
PLANNED CAPABILITYUpload a spreadsheet, email, photo, typed list or handwritten source.
Uncertain matches become guided questions or review items—not silent substitutions.
Scheduling, yard instructions, delivery photos, invoicing and customer updates stay connected.
THE FOUNDER · KENNY MAYS
One operator.
Two companies.
Designed together.
25+ years in lumber and building materials—from the yard to large-scale operating leadership—shaped both the FrameCo company model and the LMBR operating system.
That experience includes operating one of the nation's largest single-family framing companies—framing more than 2,000 homes annually and growing, with approximately half of those homes built using wall panels manufactured in-house.
FrameCo is the operating platform. LMBR is the technology designed around the way customers, salespeople, yards, dispatchers and drivers actually work.
“It's simple. It's all about our employees, customers and suppliers. We make every decision with one thing in mind: FrameCo and LMBR want to be the best and easiest companies to deal with. Simple—but hard.”
Kenneth "Kenny" Mays II · Founder & CEO
THE ROAD HERE
A playbook built from the yard up.
The career path matters because FrameCo and LMBR were not designed from a conference room. They were shaped by operating responsibility across sales, manufacturing, distribution, acquisitions and multi-site leadership.
84 Lumber
Advanced from yard-level work into multi-location leadership, learning the operating disciplines behind professional-builder distribution.
MainStreet Supply · Founder & President
Built and led an entrepreneurial building-materials business through one of the industry's most difficult cycles.
Regional and enterprise leadership
Led sales, markets and multi-site operations across roofing, lumber and building products, culminating in division-level responsibility through a national acquisition.
Founder & operating executive
Built a lumber-and-truss company from the ground up while operating one of the nation's largest single-family framing companies—more than 2,000 homes annually and growing, with approximately half using wall panels manufactured in-house.
FrameCo + LMBR
Bring the operating model and the software together: a connected regional lumber-and-truss company built around the easiest customer experience in the industry.
25+Years in building products
$512MHighest annual revenue under direct leadership
$480MLargest annual operating budget managed
22Facilities led simultaneously
500+Employees across multi-site organizations
THE OPERATING COMPANYFrameCo Lumber & Truss
An acquisition-led hub-and-spoke platform designed to combine local relationships with disciplined purchasing, manufacturing, fulfillment and regional density.
THE OPERATING SYSTEMLMBR
An AI-native operating system designed by an LBM operator to connect the material list, quote, order, yard workflow, delivery evidence, invoice and true cost to serve.
Same founder · same customer promise · designed as one system
THE ADVANTAGE
The operator and the software
share the same blueprint.
FrameCo does not have to adapt generic software to an LBM operation after the fact. The company model and the operating system are being developed together around one measurable goal: make every customer interaction easier, faster and more accountable.
THE FRAMECO DIFFERENCE
Local relationships. Platform capability.
Builder-first service
Every market is organized around professional builders, reliable fulfillment and people who understand the jobsite.
Integrated supply
Lumber, truss, design and installed framing work from one coordinated operating model.
Regional density
Hub locations, satellite yards and centralized purchasing create local speed with platform-scale capability.
Purpose-built technology
LMBR connects customer material lists, product decisions, quotes, orders and fulfillment in one workflow.
BUILT FOR THE PROFESSIONAL
One accountable partner from takeoff to delivery.
- Design: coordinated floor, wall and truss packages
- Supply: lumber, components and complementary products
- Fulfillment: clear status, disciplined release and jobsite delivery
- Technology: LMBR keeps the work connected and exceptions visible
BUILD WITH FRAMECO
A better building-materials partner.
Talk with FrameCo about supply, structural components, installed framing, market partnerships or growth opportunities.
Start a conversation ↗Kenneth Mays II · Founder · Scottsdale, Arizona