DENVER, CO -- Denver based Kodiak Building Partners announced the acquisition of Great West Drywall Supply, a specialty distributor of drywall, steel framing, ceilings and accessories to contractors in the greater Denver market.
Kodiak CEO, Paul Hylbert, said, "We are very excited about bringing Todd Mills and the Great West team into the Kodiak portfolio. We expect the distribution of drywall and accessories to be a core part of our future growth."
Great West has been privately owned by a small group of investors since its founding in 2002. The decision by the former ownership group to concentrate its efforts on its other portfolio investments led to the opportunity to sell the business to Kodiak. Denis Dieker Managing Member and Treasurer for the investment group stated, "We're pleased with the sale of our Great West business in that it will allow us to concentrate on our much larger contracting business, maintain a supply relationship with Kodiak, and ensure that our people have the on-going support of an owner with a desire to grow this business."
Todd Mills and his team will continue to operate Great West, however the business will be moving to Barton Supply's 20 acre facility located at 14800 East Moncrieff Place in Aurora, CO from their current location in Greenwood Village, CO.
In conjunction with the deal, Kodiak is pleased to announce an expanded senior credit facility with Chicago based Cole Taylor Business Capital. This facility will support the continued growth of Kodiak's existing portfolio companies and future acquisitions.