Kodiak Building Partners Acquires Shepley Wood ProductsDecember 16th, 2021 by Editor
Tony Shepley, owner and president of Shepley Wood Products, and Kodiak Building Partners recently announced the latter’s acquisition of Shepley Wood Products, effective December 10, 2021. Shepley was founded in 1978 and provides all products and services needed by professional builders, architects, designers, and homeowners in Southeastern Massachusetts.
Tony Shepley will remain the president of Shepley Wood Products and be another resource for all leaders in the Kodiak Family. The company will join the Retail Lumber and Gypsum Group of Kodiak and will report to Pat Flood, executive vice president of this Kodiak segment.
Shepley and a partner started Shepley Wood Products more than 40 years ago in the Hyannis, Mass., area with only $4,000 and a used truck. To set himself apart, he immediately started calling Shepley a “wood products company,” rather than a “lumberyard”.
According to a press release about the acquisition, 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. Employees are trained to anticipate their customers’ upcoming needs.
Steve Swinney, president and CEO of Kodiak, said that the top-down culture at Shepley is impressive and made them very attractive.
“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,” Swinney shared.
Matt Lascola, vice president, corporate development and 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 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,” he said.