Richmond, VA – April 7, 2025 – BDO Capital Advisors, LLC (BDO Capital) is pleased to announce the sale of New River Building Supply (New River or the company) to Kodiak Building Partners (Kodiak or the company), a portfolio company of Court Square Capital Partners. BDO Capital served as the exclusive financial advisor to New River on this transaction, which builds on the firm’s experience advising family-owned businesses in the building products sector.
New River is a full-service supplier of high-quality building materials serving residential, commercial, and industrial construction projects. They provide a comprehensive range of products, including lumber, engineered wood, roofing, siding, windows, doors, and millwork. In addition to a comprehensive selection of top-tier building materials, New River Building Supply features a dedicated timber and log division, assisting customers in planning and constructing the log homes of their dreams. With a focus on reliable service and deep industry experience, New River supports contractors, builders, and developers across North Carolina and surrounding regions.
“Partnering with Kodiak will make us a better company with the added knowledge, resources, and support to help New River Building Supply grow and better serve our customers,” said Perry Yates, President of New River Building Supply. “We’re proud to join a company whose culture so closely aligns with our own—one that values people, relationships, and long-term commitment. I’m fortunate to have an incredible team at New River, and this partnership will empower them to continue delivering the exceptional service our customers count on.”
For over 50 years, New River Building Supply has been the trusted source for professional builders, contractors, and do-it-yourself homeowners, offering a full range of materials for construction and remodeling projects. New River Building Supply will maintain its commitment to building strong customer relationships, while benefiting from Kodiak’s resources, experience, and strategic growth initiatives. This acquisition marks another step forward in Kodiak’s expansion efforts, reinforcing its dedication to empowering local businesses and enhancing customer experience in key markets.
