Kodiak Building Partners has acquired Shepley Wood Products in Hyannis, Massachusetts. The acquisition, effective Dec. 10, was announced via a joint statement by Tony Shepley, owner and president of Shepley Wood Products, and Kodiak Building Partners.
Shepley Wood Products was founded in 1978 and is a provider of products and services for professional builders, architects, designers, and homeowners in Southeastern Massachusetts.
Tony Shepley will remain the president of Shepley Wood Products, which will join the Retail Lumber and Gypsum Group of Kodiak and will report to Pat Flood, executive vice president of this Kodiak segment.
Tony Shepley and a partner started Shepley Wood Products over 40 years ago when they boldly challenged six established lumberyards in the Hyannis area with only $4,000 and a used truck. He immediately set himself apart by calling Shepley a “wood products company,” rather than a “lumberyard.” Shepley’s success resulted in ultimately being the only remaining lumberyard of the original seven still serving that region.
According to Kodiak, Shepley Wood Products has differentiated itself in the market by offering an immense product suite, utilizing technology to the fullest, and cultivating an educated workforce that answers every customer need. Further, employees are trained to anticipate their customers’ upcoming needs before they are even realized.
“Tony and his entire team are top notch and set very high standards in every facet of their organization. As we came to know his strategies and standards, we knew that we wanted to bring Shepley Wood Products under our umbrella,” said Steve Swinney, president and CEO of Kodiak.
Matt Lascola, VP, Corporate Development & Real Estate of Kodiak, added that if he were going to create a building material company from scratch, it would look very much like Shepley. He said he is looking forward to adding this prestigious company to Kodiak’s existing presence in the upper Northeast.
“We considered many options while looking for a business partner, and Kodiak really showed themselves to be the obvious choice to maintain and grow the relationships we have created with our customers, our employees, and our community,” said Tony Shepley.
Kodiak Building Partners celebrates its 10th anniversary this year.