Thomas Building Center is Acquired by Kodiak Building Partners. 1stWest M&A Served as Thomas’ Advisor in the Transaction.
July 24 2024 - 10:32AM
Business Wire
Thomas Building Center Joins Gross-Yowell,
Diamond Home Improvement, and Miller Lumber in a Growing List of
1stWest M&A Clients Acquired by Kodiak Building Partners
1stWest Mergers and Acquisitions announced today that it served
as the exclusive advisor to the owners of Thomas Building Center in
its acquisition by Kodiak Building Partners.
1stWest M&A is the leading and most active seller’s M&A
advisor in the lumber and building materials sector, and Thomas
Building Center joins three other 1stWest M&A clients that
Kodiak Building Partners has recently acquired.
Thomas Building Center, located in Sequim, WA has been in
business for more than 50 years. Opened in 1972, Thomas has become
the preferred building materials supplier for building
professionals and homeowners/DIY customers on the Olympic
Peninsula, offering building products from “foundation to finish.”
Thomas also operates “Power by Thomas,” a power equipment and Stihl
dealer, and “Rentals by Thomas,” a rental center featuring tools,
trailers, and equipment.
“With the acquisition of Thomas Building Center, Kodiak has
acquired a storied company – more than half a century in business –
and it expands Kodiak’s position on the Olympic Peninsula,” said
John D. Wagner, 1stWest M&A’s Managing Director. “Although
1stWest M&A engaged with many interested parties, Kodiak
stepped up when it saw a natural fit for Thomas Building Center
among the other acquisitions Kodiak has completed in the Pacific
Northwest.” (Link to other recent deal announcements from 1stWest
M&A.)
About 1stWest M&A
1stWest Mergers & Acquisitions is a full-service,
international investment banking and advisory firm focused on the
lower middle-market of companies with sales of $10 to $200 million.
For many years, 1stWest M&A has offered a specialty practice in
the lumber and building material (LBM) distribution and
manufacturing sectors. The firm offers an expansive platform of
business solutions to assist owners and shareholders in selling
their companies, determining their market value, engaging in
recapitalizations, acquiring other businesses, or raising growth
capital. With Managing Directors in the US, Mexico, Panama, Peru,
Brazil, Argentina, and Chile, 1stWest M&A is uniquely
positioned to serve its clients around the globe. Learn more:
www.1stwestma.com
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240724894031/en/
John D. Wagner j.wagner@1stwestma.com