QXO Acquires Kodiak Building Partners for ~$2.25 Billion

Kodiak Building Partners Acquires Thomas Building Center

July 24, 2024

Building Products

Kodiak Building Partners has acquired Thomas Building Center, a 50+-year-old lumber and building materials supplier based in Sequim, Washington. 1stWest M&A served as exclusive advisor to the owners in the transaction; the acquisition expands Kodiak's presence on the Olympic Peninsula and strengthens its footprint in the Pacific Northwest.

Kodiak Building Partners Acquires Diamond Home Improvement

December 14, 2022

Building Products

Kodiak Building Partners, a building materials acquisition firm based in Highlands Ranch, Colorado, has acquired Diamond Home Improvement, a family-owned home improvement retailer headquartered in Southern Oregon with locations in Klamath Falls and Grants Pass. The acquisition expands Kodiak's Pacific Northwest footprint and strengthens its general lumber and building materials operations while preserving local autonomy and leadership under John Steiner.

QXO Acquires Beacon Roofing Supply for $11 Billion

April 29, 2025

Infrastructure

QXO, Inc. has completed its acquisition of Beacon Roofing Supply, Inc. for $124.35 per share in cash, valuing the transaction at approximately $11 billion. Beacon has become a wholly owned subsidiary of QXO and its shares ceased trading on Nasdaq before the market opened on April 29, 2025.

Kodiak Building Partners Acquires Gross-Yowell

January 4, 2024

Building Products

Kodiak Building Partners has acquired Gross-Yowell, a Waco, Texas-based lumber and building materials retailer that serves professional contractors and remodelers in Central Texas. 1stWest Mergers & Acquisitions served as exclusive advisor to the owners of Gross-Yowell; company leadership (Taylor Gross) will remain in place under Kodiak's ownership.

Kodiak Building Partners Acquires Valley Lumber & Rental

May 8, 2024

Building Products

Kodiak Building Partners has acquired Valley Lumber & Rental, a long-standing hardware, building materials and equipment rental business based in Victor, Idaho. The deal expands Kodiak’s Northwest/Mountain region footprint while keeping Valley Lumber’s local leadership in place to continue serving contractors and homeowners in the Teton Valley community.

Kodiak Building Partners Acquires New River Building Supply & Lumber Company

April 14, 2025

Building Products

Kodiak Building Partners has acquired New River Building Supply & Lumber Company, a long-standing provider of building materials in North Carolina's High Country (Boone and Banner Elk). The acquisition expands Kodiak's footprint in the developing Southeast market while New River will continue operating locally with support from Kodiak's national resources; BDO Capital Advisors and McGuire Wood & Bissette advised New River on the deal.