FBS Acquisition
Kodiak Building Partners and Factory Builder Stores to Join Forces
For Immediate Release – April 8, 2014 (Denver, Colorado)
Colorado based Kodiak Building Partners announced today an agreement in principle for the purchase of substantially all the assets of Factory Builder Stores, a large independent specialty distributor of appliances and cabinets based in Houston, Texas.
Kodiak Chairman, Paul Hylbert, said, “We are very excited about having Factory Builder Stores join our team. Doug Rapier and his management group have built a fine organization serving custom home builders, remodeling contractors, and consumers in the major markets in Texas. In addition to strengthening our presence in greater Houston, the company and its strong people offer us a platform for expanding throughout Texas”.