Kodiak Building Partners has acquired Simonson Lumber, which operates six locations across Minnesota.

“Simonson Lumber’s deep-rooted presence in their community and commitment to quality resonates with Kodiak’s goal of empowering local businesses to thrive,” Steve Swinney, CEO of Kodak Building Partners, said. “Together, we are poised to meet the escalating demand for housing and construction solutions in Minnesota, leveraging Simonson’s expertise and Kodiak’s resources to create lasting value for our customers and communities.”

Kodiak said its network and capital expertise will provide “new avenues for growth and innovation on multiple fronts.” The company said Simonson is positioned to emerge as the preferred partner for family-run lumber yards across Minnesota.

“Simonson Lumber and its customers will benefit most from Kodiak’s ‘locally led’ mentality,” said Eric Borchardt, president of Simonson Lumber. “This partnership allows us to serve our customers in a way that is unique to our region, while Kodiak’s support system ensures we have everything we need to thrive in a fast-paced market.”

Founded in 2011, Kodiak Building Partners is a leading acquisition firm specializing in acquiring and supporting locally owned and operated building materials companies. With a strong focus on operational excellence, local leadership and continuous improvement, Kodiak empowers these businesses to succeed in the communities they serve. Kodiak's operation employs thousands of people across the country to serve general contractors, homebuilders, sub-contractors, remodelers and consumers.