Kodiak Building Partners to Acquire Gulf & BascoJuly 13th, 2012 | Category: Industry News
Denver based Kodiak Building Partners announced the acquisition of substantially all the assets of Gulf & Basco Inc., a specialty distributor of building products, including windows, in the Houston market.
“We are very excited about having Gulf & Basco join our Kodiak team,” says Kodiak Chairman and CEO, Paul Hylbert. “CEO Stuart Feldman and his colleagues have developed a very effective distribution business serving the greater Houston market, and we envision growing the business in Texas on the base his group has established.”
Gulf & Basco’s team of 80 people will remain, with Feldman continuing as the CEO, and the management team remaining in place.
“We’ve been a successful family business for 75 years, but see the need to grow beyond our current distribution footprint and are delighted to join forces with Kodiak to achieve that goal,” said Feldman.