Beth Lesniak, Affiliate Manager at Grey Mountain, said, “The Company has developed a market leading position in the state of Hawaii due to the breadth and quality of its product offering, logistical mastery of moving products from the mainland to the islands, and unparalleled customer service. We are excited to work with the company as it grows the business by addressing additional contractor needs and serving new customers across the islands. We believe the financial backing and operational support from Grey Mountain will allow the Company to better serve its customers and pursue new opportunities in the market.”
Honsador is the largest independent distributor of building products and electrical supplies in the state of Hawaii, serving the residential, commercial, and military markets. Founded in 1935, the Company operates out of two divisions: Honsador Lumber and Building Materials (“LBM”) and Alpha Electric (“Alpha”). LBM is the largest independent lumber and building materials distributor on the big island, and Alpha is the largest independent distributor of electrical products in the state of Hawaii.