Kodiak adds a Diamond to its roster
Kodiak Building Partners has announced the acquisition of Diamond Home Improvement (DHI).
Diamond Home Improvement is a locally owned and family-operated home improvement retailer headquartered in Southern Oregon, with locations in Klamath Falls and Grants Pass.
According to Kodiak, the acquisition of DHI will expand its market reach in the Northwest. This includes providing building materials and lumber, doors and windows, moulding and millwork, quality tools, and more materials brought to the market through a strong ecosystem of partners and vendors in the surrounding area.
The financial terms of the acquisition were not disclosed.
DHI was founded in 2000 by Tim Steiner and his brother Jay with the vision of providing high-quality service and great prices to Oregon's building community, Kodiak said in a press release issued by the company.
“Tim Steiner built a 22-year track record of success by combining deep industry expertise, longstanding client relationships, and solutions that address local needs,” said Steve Swinney, CEO of Kodiak Building Partners. “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.”
Before the founding of Diamond Home Improvement, Tim Steiner joined his family business — Lumberjack — where he developed a love of business and a passion for serving customers and employees in the home improvement industry.
Tim passed away on Oct. 16, 2022, and continues his legacy through his company, family, and deep involvement in the Southern Oregon community. Following Tim’s passing, John Steiner will take over as President of DHI.
“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,” said Kelly Fox, SVP of General Lumber at Kodiak. “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.”
“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.,” said John Steiner, general manager of Diamond Home Improvement. “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.”
Founded in 2011, Kodiak Building Partners is based in Highlands Ranch, Colo. During the past 11 years, the company has grown to more than 100 locations operating in more than 20 states.
The prodealer and building materials distributor serves general contractors, home builders, sub-contractors, remodelers, and DIY consumers.
Last month, Kodiak acquired Goodrich Lumber based in Kingston, Mass. In the month prior, the dealer also purchased Albeni Falls Building Supply in Idaho.
