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Kodiak Building Partners, Denver, Co., has purchased 10-unit American Builders Supply, Sanford, Fl., from New York-based private equity firm Blue Wolf Capital Partners LLC.
ABS is the largest independent distributor and installer of doors, millwork, windows, and trusses in Florida. It was acquired by Blue Wolf in early 2011, in partnership with founder, Chad Barton, when the company was struggling in the wake of the 2008 housing market crash.
Following the acquisition, Blue Wolf recruited a new management team led by Bill Myrick, acquired five competitors, added four new locations, and implemented a company-wide Enterprise Resource Planning system.