Building materials distribution company Kodiak Building Partners has acquired Gross-Yowell in Waco, Texas. The merger “marks a significant step in Kodiak’s growth strategy,” leveraging the growing construction market in central Texas. Gross-Yowell will continue to operate under its existing brand name while adding resources and market impact to Kodiak’s family of operating companies, according to a news release.
Kodiak said with the acquisition it will strengthen its foothold in central Texas and enhance its ability to serve customers with an even broader range of lumber and building materials.
“The acquisition of Gross-Yowell aligns with Kodiak’s strategy of becoming a big hairy American winning machine in vibrant markets with growing construction needs,” Steve Swinney, chief executive officer of Kodiak Building Partners, said in a prepared statement. “This provides an excellent platform to build on our existing presence in central Texas.”
Taylor Gross, president of Gross-Yowell said the merger with Kodiak “is a testament to the growth and potential” seen at Gross-Yowell.
“This transaction allows us to tap into Kodiak’s extensive resources and industry expertise, which will enhance our service to existing customers and enable our business to reach new customers in Waco and surrounding areas. We look forward to continued success in these markets.”
Highland Ranch, Co.-based Kodiak Building Partners operates over 100 locations across Arizona, California, Colorado, Delaware, Florida, Idaho, Illinois, Indiana, Kansas, Maryland, Massachusetts, Michigan, Minnesota, Nebraska, North Carolina, Oregon, Texas, Washington, Wisconsin, and Wyoming.
