USNR (Wood Technologies International) Acquires Timber Automation

Wood Technologies International Acquires Norwood Sawmills

October 23, 2025

Manufacturing

Wood Technologies International (WTI), the One Equity Partners–backed owner of USNR and Burton Mill Solutions, has acquired Norwood Sawmills. Norwood will continue to operate from Barrie, Ontario and retain its brand, product names, dealer network and warranties while gaining access to WTI's broader capabilities, R&D and technical support.

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.

Iptor Acquires TimberTec

February 1, 2022

Software

Stockholm-based Iptor acquired German TimberTec, a provider of ERP and MES software for the timber industry, in a deal that closed in February 2022. The acquisition is an add-on in Iptor's buy-and-build strategy (backed by funds advised by Bregal Unternehmerkapital) and aims to expand Iptor’s sector capabilities and geographic reach across Europe and into the US.

Star Equity Holdings Acquires Timber Technologies

May 17, 2024

Building Products

Star Equity Holdings, Inc. completed the acquisition of Timber Technologies, LLC (Timber Tech), a Colfax, Wisconsin-based glue-laminated timber (glulam) manufacturer, effective May 17, 2024. The cash-free, debt-free purchase price was $23 million (including upfront cash, deferred cash and an earn-out), with associated real estate to be acquired separately for $3 million; Timber Tech reported 2023 revenue of $18.8 million and Adjusted EBITDA of $5.5 million.

Saw Mill Capital Acquires RND Automation

December 17, 2020

Industrial Services

Saw Mill Capital, through its affiliated funds, has acquired RND Automation, a Lakewood Ranch, Florida-based integrator of robotics, vision systems and automation solutions for packaging and assembly. The deal expands Saw Mill's automation portfolio and formalizes a partnership with portfolio company iAutomation to cross-sell capabilities and accelerate growth; terms were not disclosed.

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.