Kodiak Building Partners

What Kodiak Building Partners does

Kodiak Building Partners was a privately held, PE-backed (Court Square Capital Partners) building products distributor founded in 2011 and headquartered in Littleton, Colorado. The company distributed lumber, trusses, structural products, windows, doors, roofing, waterproofing, and exterior construction materials to homebuilders, large general contractors, and professional contractors through a network of approximately 110 branded branch locations across 26 U.S. states, serving more than 10,000 customers with roughly 5,500 employees. Approximately 40% of revenue was concentrated in the Florida and Texas markets, with operations spanning the Sun Belt and Mountain regions. The platform encompassed 40+ subsidiary brands (e.g., American Builders Supply, Builders Millwork, Shepley, Barnsco, Liberty Doors & Windows, Barton, Christensen, Frontier) operated under a hub-and-spoke model that preserved local brand equity.

Kodiak generated approximately $2.4 billion in 2025 revenue at a projected 2025 EBITDA of $211 million (~8.8% margin), with profitability driven by distribution scale, manufacturer rebate programs, and cross-selling across product categories. Its underlying technology stack included an account management and delivery tracking platform (now QXO.com), BillTrust-integrated billing, EagleView computer vision for aerial roof measurement and bidding, the QXO Loyalty rewards program (tiered rewards from $25,000 annual contractor purchases), and homeowner financing options targeting financed-project workflows.

On April 1, 2026, QXO Inc. completed its acquisition of Kodiak for approximately $2.25 billion ($2 billion cash plus 13.2 million QXO shares) at a 10.7x projected 2025 EBITDA multiple, with expected synergies reducing the effective multiple to approximately 7.3x post-integration. The acquired business was integrated into QXO's newly established lumber and building materials division, with co-founder Steve Swinney leading the division. Kodiak's branches were rebranded under the QXO name, with the customer-facing platform consolidated onto QXO.com with planned technology rollout (AI procurement agents, demand forecasting, logistics optimization) across the network by 2027.

Name

Kodiak Building Partners

Legal name

Kodiak Building Partners

Website

https://kodiakbp.com

Company type

Private

Founded year

2011

Operating status

Acquired

Short description

Kodiak Building Partners, founded in 2011 and headquartered in Littleton, Colorado, was a PE-backed building products distributor serving homebuilders and large contractors across 26 U.S. states via 110 branded branch locations. Acquired by QXO Inc. for $2.25 billion in April 2026, it is now operated as QXO's lumber and building materials division.

Ownership category

akta.pro rank

Product category

Building Materials Distribution

NAICS

Other Building Material Dealers (44418)

SIC

Wholesale-Lumber & Other Construction Materials (5030), Wholesale-Lumber, Plywood, Millwork & Wood Panels (5031), Retail-Lumber & Other Building Materials Dealers (5211)

akta.pro primary industry

Building Materials & Lumber Distribution (CRAOAFAD)

Keywords

• Building products distribution
• Lumber and building materials
• Construction supply wholesale
• Roofing and waterproofing
• Millwork and doors

Headquarters

HQ city

Littleton

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Building Products Distribution: Distributes lumber, trusses, windows, doors, roofing, waterproofing, and exterior construction materials to homebuilders and contractors. Generated approximately $2.4 billion in revenue in 2025.
2. Contractor Loyalty and Financing: Earns revenue through QXO Loyalty program for contractors and financing options for homeowners, creating additional revenue streams and customer stickiness

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Kodiak Building Partners is a building products distributor that supplies lumber, trusses, structural products, windows, doors, roofing, waterproofing, and exterior construction materials to homebuilders and large general contractors across 26 U.S. states. The company operates a network of approximately 110 branded branch locations under 40+ regional subsidiary brands (e.g., American Builders Supply, Builders Millwork, Liberty Doors & Windows) and supplements distribution with technology-enabled procurement, loyalty rewards, and homeowner financing programs. Since April 2026, Kodiak has operated as the lumber and building materials division of QXO Inc.

Product overview

Kodiak Building Partners is a building products distributor operating as a platform-plus-multiple-brands model. The company distributes lumber, trusses, structural products, doors, windows, millwork, roofing, waterproofing, and exterior construction materials through approximately 110 locations across 26 U.S. states. Kodiak operated under multiple regional brands including American Builders Supply, Builders Millwork, Liberty Doors & Windows, and numerous others. As of 2026, Kodiak has been acquired by QXO and rebranded, with the distribution network now supported by QXO's digital platform providing account management, ordering, delivery tracking, and integrated tools like EagleView measurements and homeowner financing. The QXO Loyalty program adds contractor rewards functionality to the core distribution business.

Differentiator

Problem solved

Functional benefit

Brands

• QXO Loyalty: Performance-based rewards program built for contractors who think long-term, offering points on qualifying purchases and tiered rewards.
• QXO Account

Products and services

• Lumber and Building Materials Distribution Core distribution offering delivering lumber, trusses, structural products, windows, doors, roofing, waterproofing, and exterior construction materials to homebuilders and large general contractors across 26 U.S. states via approximately 110 branded branch locations and job-site delivery.
• QXO Account Management Platform Web-based platform (QXO.com) giving contractors and homebuilders digital account management, order placement, invoice payment via BillTrust, and real-time delivery tracking accessible from any device.
• QXO Loyalty Program Performance-based rewards program for contractors providing automatic point tracking on qualifying purchases, tiered rewards, stretch incentives, and exclusive member promotions; eligibility begins at $25,000 in annual purchases.
• Homeowner Financing Program Financing options offered through the QXO platform that contractors can present to homeowners for more flexible payment solutions on home improvement and construction projects.

Quantifiable outcome

• Market expansion to over $200 billion addressable market through QXO acquisition
• +2 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability7 records

Feature4 records

Partnerships

Three partnerships are on record, tiered core.

• EagleViewcoreTechnology or IntegrationTechnology partnership integrating EagleView's computer vision-powered aerial roof measurement and reporting into QXO's platform, enabling contractors to bid faster and more accurately on roofing projects.
• BillTrustcoreTechnology or IntegrationIntegrated bill payment processing system accessible through QXO.com, enabling contractors to manage invoices and payments seamlessly.
• Manufacturer ProgramscoreChannel Partner/ Reseller/ DistributorPartnership with building product manufacturers enabling rebate programs and promotional offers for contractors through QXO's platform.

Scale indicators9 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Ferguson Enterprises: Large-scale plumbing, heating, cooling, and waterworks distribution business; broader portfolio than Kodiak but competes for share-of-wallet with the same residential and commercial contractor base.
• Weyerhaeuser: Timberlands and wood products manufacturer producing lumber, OSB, and engineered wood; an upstream incumbent that supplies into the same distribution channels Kodiak participates in.
• QXO, Inc. Public building products distribution platform that acquired Kodiak for $2.25B in April 2026; Kodiak now operates inside QXO's LBM division, making the parent both owner and the most strategically aligned peer.
• Boise Cascade: Manufacturer and distributor of engineered wood products, plywood, and lumber; competes with Kodiak as a supplier of structural wood components while also serving as a potential upstream supplier to distributors.

Direct peers

• Builders FirstSource: Largest U.S. supplier of building products, manufactured components, and value-added services to professional contractors, builders, and remodelers; the closest direct competitor to Kodiak in lumber, trusses, and structural building products distribution with comparable branch density.
• Foundation Building Materials: Specialty distributor of building products including insulation, drywall, ceilings, and steel framing; overlaps with Kodiak in interior/exterior building products categories and serves the same contractor customers.
• US LBM: PE-backed lumber and building materials distributor with a multi-brand model mirroring Kodiak's roll-up approach; directly comparable in product mix (lumber, trusses, millwork, specialty building products) and customer base.
• ABC Supply Co. Leading wholesale distributor of roofing, siding, windows, and exterior building products serving contractors across the U.S.; competes directly with Kodiak/QXO in roofing, waterproofing, and exterior categories across overlapping geographies.
• 84 Lumber: Privately held lumber and building materials distributor with ~250 locations across the U.S.; a long-standing direct competitor to Kodiak in lumber, engineered wood, and contractor-grade building materials.
• SRS Distribution: National building products distributor focused on roofing, siding, windows, and complementary categories; closely comparable to Kodiak in go-to-market with branches serving contractors across multiple Sun Belt and Mountain states.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/Kodiakbp
• Facebookfacebook.com/Kodiakbp

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A13 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Kodiak Building Partners