Kodiak Building Partners returned to the appliances sector Nov. 15 with its announcement that it joined with the owner and management of Arizona Wholesale Supply Co. (AWS) to buy substantially all the operating assets of AWS, a 70-year-old company that claims to be Arizona’s oldest and largest builder distributor of major appliances, flooring products, and builder design center services.
“Arizona Wholesale Supply has been a strong regional company that has exciting potential into future years, particularly as it is paired with our Factory Builder Stores (FBS) operations that are being run by President Doug Rapier,” Kodiak Chairman Paul Hylbert said in a news release. “Doug’s experience in the sale of his own company to Kodiak in 2014 should greatly assist the team at AWS as they move forward.”
Added Kodiak CEO Steve Swinney: “We feel we can leverage the best practices in place at FBS and combine that with AWS’s in-depth local market knowledge to create a significant multi-regional presence in the Kitchen and Bath, Cabinet and Appliance sector and now the Flooring sector as well. The AWS management team will remain in place.”
AWS has locations in Phoenix, Scottsdale, and Tucson, Ariz., while FBS has seven outlets in Texas.
Kodiak’s 45 locations in Texas, Colorado, Arizona, Delaware, Massachusetts, Michigan, and Maryland comprise one of the most diverse portfolios in construction supply. Kodiak also has been one of the most acquisitive lately: Earlier this month, on Nov. 6, it announced its purchase of American Builders Supply, the 40th-biggest dealer on the ProSales 100, and on Oct. 2 it acquired a two-unit drywall dealer in Colorado. Kodiak ranks 14th on the most recent ProSales 100, with sales in 2016 totaling $514 million, all of it to pros.
