Wholesale & Distribution International - Spring 2016 - 78


NON-DURABLE

KODIAK BUILDING PARTNERS
www.kodiakbp.com / HQ: Littleton, Colo. / Employees: 1,050 / Specialty: Construction materials supplier /
Steve Swinney, CEO, co-founder: "We want to build a company that withstands the test of time."

Risk and Reward

Kodiak Building Partners' acquisition strategy has helped develop a leading
construction materials supplier. BY BOB RAKOW

Kodiak Building Partners supplies construction materials
to residential and commercial builders.

K

odiak

Building

Partners

CEO and co-founder Steve
Swinney admits that Kodiak's
founders chose a risky time to leave their
positions at a leading building materials
company to invest in a construction recovery. It was 2010, and the construction
industry was only beginning to rebound
from the recession that rocked the market just a few years earlier. Swinney and
his partners were not deterred. "We felt
as though there was an opportunity for
investment," he says.

78 www.wdimagazine.com Spring 2016

The team believed that the industry
could only improve, and the time was
right to launch a business. "The market
hadn't really turned around, but it had
bottomed out," Swinney explains.
"We did a lot of market research, and
we felt a recovery was coming. It was very
much a risk."

'TOUGH TIMES'
Kodiak started small by acquiring Barton Supply, a building supply company
with a strong management team that

was feeling the effects of the downturn.
Kodiak along with Barton management
spent nearly one year turning the company around, he recalls. The supplier
required process changes, as well as improved vendor and investor relations,
and the goal was to bring an end to the
panic mode, he says. "It was all about
getting through that first winter," Swinney recalls. "Those were definitely tough
times. It took about nine months to see
the market begin to recover."
As the recovery continued in 2012, so


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Table of Contents for the Digital Edition of Wholesale & Distribution International - Spring 2016

Contents
Wholesale & Distribution International - Spring 2016 - Cover1
Wholesale & Distribution International - Spring 2016 - Cover2
Wholesale & Distribution International - Spring 2016 - 1
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