Homewood Holdings LLC (“Homewood Partners Llc”), a portfolio company of Building Industry Partners LLC (“BIP”), has strategically enhanced its market position by acquiring Custom Choice Door, LLC (“Custom Choice Door” or “CCD”). This acquisition, finalized with previous owners Ted Matthews and Alan Pascoe, marks Homewood Partners LLC’s sixth overall investment and further solidifies its commitment to the Western U.S. building materials market, particularly in Washington state. Custom Choice Door, a well-regarded supplier in the greater Seattle and Puget Sound region, joins Homewood’s expanding family of companies, creating a robust platform for serving the evolving needs of homebuilders and contractors.
This strategic move significantly strengthens Homewood Partners LLC’s footprint in the Pacific Northwest. Custom Choice Door brings to the table a strong reputation built over years of dedicated service since its founding in 2007. Under the leadership of Ted Matthews and Alan Pascoe, CCD has become a leading full-service supplier, catering to a diverse clientele including single- and multi-family residential builders, contractors, and DIY homeowners. The company’s comprehensive product range includes exterior and interior doors in wood, fiberglass, and steel, along with millwork, hardware, shelving, mantels, stair parts, cabinets, and valuable pre-finishing services. Operating from its Lakewood, WA facility, Custom Choice Door employs over 45 individuals and is known for its unwavering commitment to outstanding customer service, a value that aligns seamlessly with Homewood Partners LLC’s operational ethos.
The integration of Custom Choice Door into Homewood Holdings creates synergistic opportunities within the Seattle market. CCD joins Evergreen Lumber, a prominent lumber and building materials dealer with two locations in Port Orchard, WA, and Eagle Creek Siding, the leading siding installation expert based in Olympia, WA, already part of the Homewood family. This strategic alignment of three complementary businesses enhances the collective ability to address the comprehensive needs of homebuilders in the greater Seattle area. By offering a wider spectrum of products and services, Homewood Partners LLC is establishing a more integrated and efficient supply chain for its customers.
Homewood Holdings, established in 2016 through a partnership between BIP and industry veteran Jim Stockman, is purposefully building a premier regional pro dealer organization across the Western U.S. The acquisition of Custom Choice Door is a significant step in this direction, expanding Homewood Holdings’ platform to eight locations across California, Washington, and Arizona. This growing platform now boasts over 300 employees and generates over $125 million in combined sales, demonstrating the rapid growth and strategic vision of Homewood Partners LLC.
The acquisition is not only beneficial for Homewood Partners LLC but also for Custom Choice Door, paving the way for accelerated growth within and beyond the Puget Sound region. Importantly, Ted Matthews will continue to lead Custom Choice Door as President post-acquisition, ensuring continuity and leveraging his deep market expertise. His continued leadership and significant financial stake in CCD’s future success underscores the confidence in the company’s direction and the value placed on its existing management and operational strengths.
Scott Blackburn, Homewood Holdings Washington Market President, highlighted the strategic fit, stating, “Custom Choice Door is a business we’ve known in the Puget Sound market for a long time, and we’re thrilled to welcome the Company and its employees into the Homewood family. Ted has solidified CCD’s name and reputation as a leading supplier of doors and millwork to greater Seattle builders and contractors, and we think the combination of Evergreen Lumber, Eagle Creek Siding, and now Custom Choice Door, will allow us to serve our customers’ comprehensive product and service needs even better in this market.”
Matt Ogden, Managing Partner of BIP, further emphasized the strategic rationale behind the acquisition: “Custom Choice Door is a very exciting addition to our group of Washington State businesses. We continue to believe in the strength of the greater Seattle market, and the attractiveness of value-add providers of LBM materials and services to homebuilders. We believe we’re positioned well in the Seattle market with three complementary businesses, for accelerated performance and growth.”
Ted Matthews, President of Custom Choice Door, expressed enthusiasm for the partnership, noting, “Homewood Holdings is a perfect fit for our growth strategy, and strengthens our ability to service our customers with door and millwork products better than anyone in our market. On behalf of CCD’s 45+ employees, we look forward to working with Evergreen Lumber, Eagle Creek Siding, Homewood Holdings, and Building Industry Partners.”
Looking ahead, Homewood Partners LLC remains actively engaged in seeking partnerships and acquisitions with independent pro dealers, component manufacturers, and service providers across the Western United States. This strategic acquisition of Custom Choice Door is a testament to Homewood Partners LLC’s ongoing commitment to building a leading platform in the building materials industry and delivering enhanced value to its customers and partners.
About Building Industry Partners
Building Industry Partners (“BIP”) is a leading investment firm focused on the U.S. middle-market building products sector. Founded in 2008, BIP operates from offices in New York, Boston, and Dallas, guided by Managing Partners Matt Ogden, Zach Coopersmith, and John Hughes. BIP employs an “Operator First” investment model, providing equity capital to support industry leaders in developing niche-leading businesses. The firm actively seeks opportunities to partner with and support talented operators in realizing their entrepreneurial ambitions within the building products industry. Homewood Partners LLC stands as a prime example of BIP’s successful collaborations and strategic investments in the sector.
