Kodiak acquires Direct Lumber and Door of Colorado
September 9, 2018
The owners of Direct Lumber and Door and Kodiak Building Partners announced today the acquisition of substantially all the operating assets of Direct Lumber and Door, as of September 6, 2018. Direct Lumber and Door was founded in 2000 by Russ Brown, as Multi-Family Building Products. Tom Kostelecky joined the company in 2012, and the name was changed to Direct Lumber and Door in that same year.
Russ will soon enjoy a well-deserved retirement, and Tom will continue to lead Direct Lumber and Door as its president and be a vital part of the Kodiak LBM leadership team. Additionally, Tom will join the ownership ranks of Kodiak, as many past sellers to Kodiak have done.
According to Tom, “Kodiak’s culture and operating model fit so well with who we are at Direct Lumber and Door. Because service has been the priority that has set us apart from our competitors, we give the credit to our family of employees. Kodiak puts employees first, and that will allow us to continue to successfully serve our market. I’m thrilled to be joining the Kodiak team and continuing as an owner and investor, as we continue to grow and serve the needs of builders in Colorado and across the country”.
Steve Swinney, Kodiak’s CEO, has enjoyed a friendship with Tom for many years and was impressed by their growth and success at every turn. What started as only a door operation but grew to include lumber, trusses, and windows, with a panel plant on the way, was an opportunity that Kodiak couldn’t ignore. Steve states that “The 190 employees at Direct Lumber and Door are a motivated and diligent crew that will be a great addition to our 2,023 employees, and the company will complement our other Denver-area companies and our entire corporation.”
About the Companies:
Direct Lumber and Door serves contractors and remodelers in the Denver, Colorado market by offering lumber, trusses, millwork, and hardware. They will soon add a panel plant to the mix. Their commitment to exceptional service helps construction professionals be successful. They currently operate four locations. https://directlumberanddoor.com
Kodiak Building Partners serves general contractors, homebuilders, sub-contractors, remodelers, and consumers through its 71 facilities in Texas, Florida, Colorado, Arizona, Delaware, Massachusetts, Michigan, Wisconsin, Minnesota, and Maryland with a diverse array of products from four distinct segments; Interiors (Specialty, AWS and FBS), Construction Supplies (Barton, Barnsco TX, Barnsco MI, Erect A Line), Lumber and Building Materials (Zarsky Lumber, ForestTek/Overseas Lumber, New England Building Supply, Gulf & Basco, American Building Supply, Builders Millwork) and Commercial Drywall and Doors (Jones Heartz, DMS, AO, and Freedom Materials). www.kodiakbp.com
For further information on this transaction, inquiries regarding the Kodiak acquisition process, or questions about our family of companies, please contact Cally Fromme, VP, Communications and Culture at cally.fromme@kodiakbp.com.