San Antonio Masonry and Steel Acquired by Kodiak Building Partners
San Antonio Masonry and Steel (the “Company”) has been acquired by Kodiak Building Partners (“Kodiak”), a portfolio company of Court Square Capital Partners. Baird Business Owner Solutions served as exclusive financial advisor to San Antonio Masonry and Steel on this transaction.
Based in San Antonio, Texas, San Antonio Masonry and Steel is a leading regional distributor with two dedicated facilities providing masonry, foundation, stone, stucco, and steel products for residential and commercial construction contractors. Since its founding in 2000, the Company has grown significantly through product range extension, a rapidly expanding south-central Texas construction market, and a diverse and loyal customer base who value the Company’s best-in-class customer service.
Kodiak, a highly acquisitive national building and construction products platform, will look to bolster its geographic presence in the Texas market through the acquisition and will continue to rely on the hardworking and passionate management team and 150+ employees of San Antonio Masonry.
When asked about the transaction with Kodiak, Robbin Bostick, founder and CEO of San Antonio Masonry, commented,
I couldn’t be happier with the partnership we have formed with Kodiak – their mission, their culture, and the way they go about their business could not align more perfectly with what we have built here at San Antonio Masonry over the past 24 years. I would especially like to thank the Baird team for all their hard work and guidance to help our company get to this point. I am blessed that they were introduced to me at the beginning of this process, and I am very thankful for the outcome we have achieved.
Founded in 2011, Kodiak Building Partners is a leading acquisition firm specializing in acquiring and supporting locally owned and operated building materials companies. With a strong focus on operational excellence, decentralization, and continual improvement, Kodiak empowers these businesses to succeed in the communities they serve. Kodiak’s operation employs thousands of people across the country to serve general contractors, homebuilders, sub-contractors, remodelers, and consumers.
About Baird Business Solutions
Baird’s Business Owner Solutions team advises lower middle-market and emerging growth companies and their owners on business transition, valuation, and M&A transactions.