The Schockman Lumber Group Acquires Iverson's Lumber
October 23, 2023
The Schockman Lumber Group of St. Henry, Ohio has acquired Iverson's Lumber, an independent lumber yard with locations in Highland Township and Montrose, Michigan. The acquisition, advised by Calder Capital, transfers ownership from third-generation owner Todd Iverson and partners Morrey Law and Mark Hamlin and will expand Schockman’s market reach and service offerings.
- Buyers
- The Schockman Lumber Group
- Targets
- Iverson's Lumber Co., Inc.
- Sellers
- Todd Iverson, Morrey Law, Mark Hamlin
- Industry
- Building Products
- Location
- Michigan, United States
- Transaction Type
- Buyout
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