Kodiak Building Partners acquires New River Building Supply to enhance operational capabilities and expand its market presence.

Information on the Target

New River Building Supply, based in Richmond, Virginia, is a comprehensive supplier of high-quality building materials catering to various construction sectors, including residential, commercial, and industrial projects. The company offers a wide array of products, such as lumber, engineered wood, roofing, siding, windows, doors, and millwork. Additionally, New River features a specialized timber and log division, which assists clients in planning and constructing custom log homes. With a strong commitment to customer service and a wealth of industry experience, New River Building Supply supports contractors, builders, and developers throughout North Carolina and adjacent areas.

For more than 50 years, New River has been a reliable source for professional builders, contractors, and DIY homeowners, providing essential materials for construction and remodeling initiatives. The company maintains a dedication to fostering robust customer relationships while leveraging its extensive experience in the building products sector.

Industry Overview in North Carolina

The building materials industry in North Carolina is primarily driven by the state's robust construction market, which is characterized by a growing demand for residential and commercial properties. Due to population growth and urb