Kodiak Building Partners to acquire American Builders Supply
American Builders Supply serves Florida homebuilders with truss, millwork, windows, doors, lumber and related products. Mark Garboski, ABS Chief Operating Officer, will lead the operation for Kodiak. The transaction is expected to close in the fourth quarter of 2017.
“This transaction represents our entry into the Southeastern United States, a strong, long-term growth market for building products. We are excited to partner with Mark and his extremely talented management team at ABS to continue to grow the company and our presence in Florida,” said Steve Swinney, CEO of Kodiak.
Chad Barton, the founder and Chairman of American Builders Supply said, “We are excited to have Kodiak as the new owner and partner of ABS and have confidence that their deep building products experience will allow ABS to continue to grow and prosper.” Barton founded ABS in 1995.
“We have been interested in expanding into the Florida market, and look forward to supporting the team at ABS as they continue the success story that they have written for the past several years. I am confident that ABS will be a key contributor to Kodiak’s future,” said Paul Hylbert, Chairman of Kodiak.
Kodiak Building Partners serves general contractors, homebuilders, sub-contractors, remodelers and consumers through its 39 locations in Texas, Colorado, Michigan, Delaware, Maryland and Massachusetts.