Blue Wolf Capital Partners Invests in Vicksburg Forest Products

Heartwood Partners Makes Growth Investment in Norlee Group; White Wolf Exits

November 5, 2024

Industrial Services

Heartwood Partners made a growth investment in Norlee Group, a Jacksonville, Florida-based provider of electrical, mechanical, technology, fire protection and engineering services, with White Wolf Capital exiting its prior investment. Heartwood is partnering with Norlee's management to accelerate organic growth and support add-on acquisitions; since the investment Norlee has completed three strategic acquisitions to expand capabilities and market presence in Florida. Transaction terms were not disclosed.

Capital Partners Acquires Majority Stake in Universal Woods

March 15, 2019

Building Products

Capital Partners Private Equity Income Fund III, LP completed a majority-equity investment in Universal Woods on March 15, 2019, partnering with CEO and long-time shareholder Paul Neumann and management. The investment will provide Universal Woods — a Louisville-based manufacturer of hard-surface coated substrates for image sublimation and mezzanine decking — with additional resources to support growth, new product development and hiring; debt financing was provided by PNC.

StoneTree Investment Partners Invests in Viking Engineering & Development

October 29, 2024

Manufacturing

StoneTree Investment Partners, a lower middle market industrials-focused private equity firm, has invested in Viking Engineering & Development, a Blaine, Minnesota-based manufacturer of automated assembly and fastening equipment for the pallet and bed frame industries. The investment will support Viking's growth and operational/technology initiatives; financial terms were not disclosed.

Blue Wolf Capital Partners Acquires FOX Rehabilitation

May 6, 2019

Healthcare Services

Blue Wolf Capital Partners, with co-investors Leavitt Equity Partners and Constitution Capital Partners, acquired FOX Rehabilitation, a Cherry Hill, New Jersey-based provider of physical, occupational and speech therapy that serves older adult patients across 18 states. Founder Tim Fox remains a significant shareholder and continues as CEO; the company had an estimated trailing 12-month EBITDA of about $30 million at the time of the deal.

Strategic Value Partners Invests €200M in Bjelin Group to Fund Acquisition of Välinge Industrial Business

January 13, 2025

Building Products

Funds managed by Strategic Value Partners (SVP) will make a €200 million preferred equity investment in Bjelin Group AB to finance Bjelin’s acquisition of Välinge Group’s industrial business and to fund additional investments in Woodura and veneer production. The Pervan family will retain a ~97% ownership stake in Bjelin Group while the transaction aims to scale manufacturing and create a leading sustainable wood flooring company.

Blue Bell Mattress Acquires Wolf Corp.

July 13, 2022

Manufacturing

Independent mattress manufacturer Blue Bell Mattress has acquired Fort Wayne, Indiana-based Wolf Corp., a vertically integrated bedding, futon and cotton batting producer, adding approximately 100,000 square feet of manufacturing space. The deal (terms undisclosed) includes the factory, intellectual property, trademarks and book of customers; Wolf's CEO Tony Wolf will remain as a consultant and the Indiana factory's 35 employees are expected to grow.