Wood Technologies International Acquires Norwood Sawmills

GreyLion Acquires Norwood Sawmills

March 10, 2022

Manufacturing

GreyLion, a New York-based private equity firm, acquired Norwood Sawmills, a portable sawmill manufacturer based in Ontario, Canada, with Monroe Capital arranging senior debt to support the transaction. GreyLion said the investment will fund growth initiatives including hiring, sales and marketing expansion, product development and technology investments; the firm also announced a separate investment in Webconnex.

USNR (Wood Technologies International) Acquires Timber Automation

July 7, 2022

Manufacturing

USNR, a division of Wood Technologies International, acquired Timber Automation, LLC from Blue Sage Capital. The deal adds Timber’s LogPro and Baxley product lines, more than 250 employees and over 200,000 square feet of manufacturing capacity to USNR, expanding its product offering and production capabilities in the wood-processing equipment market.

Watermill Group Acquires Weston Forest

January 4, 2021

Building Products

The Watermill Group, with co-investor Walter Capital Partners, has acquired Weston Forest, a North American distributor and remanufacturer of softwood and hardwood lumber and specialty panel products. The investment provides Weston Forest with strategic expertise and capital to accelerate growth while the existing executive team remains heavily invested.

Quad Capital Partners Acquires Worldwide Technologies

July 23, 2024

Manufacturing

Quad Capital Partners, a private investment firm focused on middle-market manufacturing companies, has acquired Worldwide Technologies (WWT), a precision CNC machining and fabrication business with facilities in Franklin and Glasgow, Kentucky. The transaction provides QCP a flagship manufacturing platform with advanced automation and engineering capabilities; WWT employs more than 150 people and operates over 100 CNC machines.

One Equity Partners Acquires USNR and Wood Fiber Group and Merges Them

November 8, 2021

Manufacturing

One Equity Partners (OEP) completed the acquisitions of USNR and Wood Fiber Group and merged the two businesses to create an integrated supplier of wood processing equipment, automation systems, and aftermarket parts and consumables. The combined company is projected to have 2021 revenues greater than $500 million and will capitalize on complementary product lines, expanded technical capacity, and a broad installed base across global wood-processing markets.

Northwest Hardwoods Acquires Post Hardwoods

August 21, 2023

Building Products

Northwest Hardwoods (NWH) has acquired Post Hardwoods, a Michigan-based hardwood supplier and sawmill founded in 1980 by brothers Bob and Junior Post. The deal adds Post Hardwoods' Glacial-species log sales, sawing capabilities and a 13,500-square-foot sawmill facility to NWH's supply chain, enhancing product variety and sourcing flexibility; terms were not disclosed.