Argosy Private Equity Acquires Richwood Industries
April 20, 2023
Argosy Private Equity acquired Richwood Industries, a Grand Rapids-based manufacturer and distributor of composite panels, plywood, PolyBak backers, and related millwork products. Argosy partnered with Guy Boitos of Stone River Capital Partners to support Richwood’s growth plan, focusing on expanding product offerings, distribution services, and strategic marketing and pricing initiatives.
- Buyers
- Argosy Private Equity, Stone River Capital Partners
- Targets
- Richwood Industries, Inc.
- Industry
- Manufacturing
- Location
- Michigan, United States
- Transaction Type
- Buyout
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