Kodiak Acquires Medallion Industries, Inc.

The owners of Medallion Industries, Inc. (“Medallion” or the “Company”) and Kodiak Building Partners, Inc. (“Kodiak”) announced the acquisition of Medallion, as of February 3, 2020, furthering Kodiak’s expansion into the Pacific Northwest region. Medallion, which is based in Portland, Oregon and has operations in Livermore, CA and Bend, OR, is a market leading distributor of windows, interior & exterior doors, glass wall systems, hardware, and stair parts.

The Company was founded by Norm Tschida in 1971 and most recently owned by its senior management team including President, Tim Mahaffy, COO & SVP Julie Nix, Vice President, Mike Mahaffy, and CFO, Roger Ernst. Tim, Julie, Mike, and Roger will continue to lead Medallion Industries, as it joins the General Lumber Group at Kodiak Building Partners under the leadership of Pat & Mike Flood.

Kodiak’s President and CEO, Steve Swinney, shared that Medallion Industries, on its own, is a perfect fit in the Kodiak Family, with its almost 50 years of not just selling windows, doors, and hardware but educating their customers and personally leading them through the process when building or remodeling. “The fact that Medallion will nicely complement our presence in the Northwest, which includes Builders Alliance and Frontier Building Supply, just makes the opportunity all that more attractive.” Mr. Swinney further contemplated “are we clear on the benefits of the combination of Medallion and Kodiak, my answer is yes, crystal!”

Julie Nix, Medallion’s COO, knows that her family of 105 employees will benefit from being associated with Kodiak and its other portfolio companies. While Medallion has been very successful in achieving market leadership under their current leadership team, Ms., Nix stated that, “With Kodiak in our corner, we can only continue to improve, and we are so fired up to experience this next phase of excellence and growth.”

Michael Collins, a partner with Building Industry Advisors, was the exclusive advisor to Medallion Industries, Inc.

About Kodiak Building Partners

Kodiak Building Partners, through its 80 locations, serves general contractors, homebuilders, sub-contractors, remodelers, and consumers with its operations in Arizona, California, Colorado, Delaware, Florida, Kansas, Maryland, Massachusetts, Michigan, Minnesota, Nebraska, Texas, Washington, Wisconsin, and Wyoming. www.kodiakbp.com

About Medallion Industries

Medallion Industries, Inc. is a high-touch distributor of windows, doors, glass wall systems, millwork, and door hardware that has locations in Portland and Bendvs, Oregon and Livermore, California. They serve residential projects, as well as light commercial. Medallion’s design center and millwork operations distinguish them as specialists in their region. www.medallionindustries.com

Contact:

Cally Fromme – Vice President Communications & Culture – cally.fromme@kodiakbp.com

Source: Kodiak Building Partners, LLC