Kodiak Building Partners acquires DHI

Date:

Kodiak Building Partners, a building materials distribution acquisition firm based in Highlands Diamond Home Improvement (DHI) and Ranch, Colorado have announced the acquisition of DHI.

Kodiak’s market reach in the Northwest will be expanded with the acquisition of DHI, which provides building materials and lumber, doors and windows, moulding and millwork, and more.

Diamond Home Improvement is a locally owned and run home improvement retailer with sites in Klamath Falls and Grants Pass, Oregon.

Tim Steiner and his brother Jay founded DHI in 2000 with the goal of offering high-quality service at reasonable pricing to Oregon’s building community.

“Tim Steiner built a 22-year track record of success by combining deep industry expertise, long standing client relationships, and solutions that address local needs,” Kodiak’s chief executive officer, Steve Swinney, stated.

“This acquisition strengthens our ability to serve the Pacific Northwest and increase our capabilities in the Southern Oregon area and align us with one of the region’s most highly regarded home improvement companies.”

“Kodiak has been successful in extending its general lumber operations in the Pacific Northwest and has the right focus, assets, and capabilities to realize the full potential of Diamond Home Improvement and its strong market presence. Tim Steiner built the best team and an industry legacy through DHI, and we will continue to support that legacy with local autonomy, customer focus, and innovation in the building materials space.” Kodiak’s senior vice president of general lumber, Kelly Fox, said.

Tim Steiner joined his family firm, Lumberjack, before starting Diamond Home Improvement, where he gained a love of business and a passion for servicing customers and employees in the home improvement industry.

Tim died on October 16, 2022, but his legacy lives on through his company, family, and profound commitment in the Southern Oregon region.

Following Tim’s death, John Steiner will become President of DHI.

“My uncle founded the company as a customer-first operation, and joining Kodiak gives us more resources that we can use to better serve the business and people that count on us.,” Diamond Home Improvement’s general manager, John Steiner, added.

“It was his vision of DHI as a premium service for the home improvement industry that set the foundation for what this company has become today. My team and I are committed to embodying his drive for success, generosity, and passion through the future of Diamond Home Improvement.”


Amazing Builder Partners



Phil Garcia
Phil Garcia
Phil is one of our main correspondents based out of Providence, Rhode Island.

Popular

Share post:

More like this
Related

RoyOMartin invests $9.5M to modernize manufacturing facility in Louisiana

Martco, LLC, the parent company of RoyOMartin, a third-generation,...

Consumers’ Confidence Stalled Despite Concerns about the Future

This pessimism was mostly caused by ongoing inflation, particularly...

Missing Middle Construction Stalled Since Great Recession

The missing middle construction sector comprises the development of...

Rental Focus in Multifamily Development Shows Slight Decline

According to NAHB's study of quarterly Census data, the...

Existing Home Sales Plunge to 13-Year Low as Mortgage Rates Surge

According to the National Association of Realtors, existing home...

NAR: Existing home sales increased in January 2024

Following a cycle low in December, existing house sales...

Inflation Remains High as Housing Costs Continue to Rise

Despite a slowing in year-over-year growth, shelter costs continue...

TopBuild Corp. will purchase Specialized Products and Insulation

TopBuild Corp., an installer and specialist distributor of insulation...

Do it Best Donates $1 million Worth of Items to Habitat for Humanity

Do it Best's support for Habitat for Humanity continues,...

Ganahl Lumber Company Opens New San Juan Capistrano Facility

On August 7, Ganahl Lumber Company inaugurated a new...

TK Elevator introduces EOX, a low- to Mid-rise Elevator that is both Eco-friendly and Digitally Native

TK Elevator, one of the elevator industry's global market...

Single-family Starts Post Unexpected Gain in September

Despite high mortgage rates averaging more than 7%, single-family...

First Coastal Exteriors Joins Beacon

Beacon announced the completion of its acquisition of First...

Beacon adds two more locations in Texas

Beacon has expanded its operations across Texas to 32...

BlueLinx Expands Distribution Collaboration with LP SmartSide

The distribution partnership between BlueLinx Holdings Inc. and LP...

Diversified Manufacturing of California Acquired by NASL

Diversified Manufacturing of California (DMOC) dba Profile Wrapping, a...