Kodiak heads to the Northwest Frontier
Kodiak Building Partners has acquired Frontier Building Supply, based in Anacortes, Wa.
Frontier operates 5 yards in the state, along with a millwork center, and has sales of more than $35 million in 2017. The pro dealer has been a long-term supplier of building materials to the Northwest.
The company is joining Kodiak’s LBM division under the leadership of Mike and Pat Flood, co-presidents of the group. Terms of the deal were not disclosed.
Frontier was founded in 1975 by Oscar Johnson and his sons Mike and Terry Johnson. The Johnsons are retiring and Chuck Posey will assume the role of president of Frontier. Posey has been an integral part of Frontier for more than 30 years and has worked his way up through the ranks, serving in a variety of positions, Kodiak said.
Frontier explored many options for the brothers’ exit strategy and “confidently selected” Kodiak, Kodiak and Frontier said in a joint statement.
Posey said that Kodiak is made up of “lumber guys” and a good fit for maintaining Frontier’s culture and legacy. “The folks at Kodiak have a great track record of retaining companies’ heritage after acquisition. They allow their companies to ‘keep up the good work’ and stick to their roots.”
“The team at Frontier runs a very successful business in a unique geography, serving professional builders and remodelers,” said Steve Swinney, Kodiak CEO “Our decentralized business model allows us to support all that they profitably do and offer our assistance where it makes sense.”
Based in Littleton, Colo., Kodiak operates 77 facilities in Washington, Texas, Florida, Colorado, Arizona, Delaware, Massachusetts, Michigan, Wisconsin, Minnesota, and Maryland.
Frontier operates 5 yards in the state, along with a millwork center, and has sales of more than $35 million in 2017. The pro dealer has been a long-term supplier of building materials to the Northwest.
The company is joining Kodiak’s LBM division under the leadership of Mike and Pat Flood, co-presidents of the group. Terms of the deal were not disclosed.
Frontier was founded in 1975 by Oscar Johnson and his sons Mike and Terry Johnson. The Johnsons are retiring and Chuck Posey will assume the role of president of Frontier. Posey has been an integral part of Frontier for more than 30 years and has worked his way up through the ranks, serving in a variety of positions, Kodiak said.
Frontier explored many options for the brothers’ exit strategy and “confidently selected” Kodiak, Kodiak and Frontier said in a joint statement.
Posey said that Kodiak is made up of “lumber guys” and a good fit for maintaining Frontier’s culture and legacy. “The folks at Kodiak have a great track record of retaining companies’ heritage after acquisition. They allow their companies to ‘keep up the good work’ and stick to their roots.”
“The team at Frontier runs a very successful business in a unique geography, serving professional builders and remodelers,” said Steve Swinney, Kodiak CEO “Our decentralized business model allows us to support all that they profitably do and offer our assistance where it makes sense.”
Based in Littleton, Colo., Kodiak operates 77 facilities in Washington, Texas, Florida, Colorado, Arizona, Delaware, Massachusetts, Michigan, Wisconsin, Minnesota, and Maryland.