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.

Targets
Richwood Industries, Inc.
Industry
Manufacturing
Location
Michigan, United States
Transaction Type
Buyout

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