Boise, ID – Kyle’s Custom Wood Shop, acquired October 1, 2020 by 1847 Holdings LLC (OTCQB: EFSH), generated record quarterly billings of $1.2 million in the fourth quarter ended December 31, 2020, up 16.8% from the prior year period.
1847 Holdings is a publicly traded acquisition holding company that acquires lower-middle market businesses which it regards as having attractive valuations in industries with unique characteristics.
Kyle’s Custom Wood Shop is a leading custom cabinetry maker servicing the direct-to-builder and new construction markets in and around Boise, ID. Kyle’s generated billings of $4.3 million for its full fiscal year 2020, the highest annual billings since the its founding in 1976, up 4.6% from the prior year.
Boise is one of the fastest growing cities in the U.S. with Idaho one of the highest population growth states in recent years. In 2020 it had the highest population growth in the nation at 2.1%.