Northwest Hardwoods Acquires Post Hardwoods

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.

Huron Capital Merges Northwest Pallet and Prime Woodcraft

September 9, 2019

Industrial Services

Huron Capital made an additional equity investment in its pallet platform, Northwest Pallet Holdings, and combined Northwest Pallet with Prime Woodcraft Inc. The merged company will be headquartered in Schaumburg, Illinois, with Jack Donnell serving as President and CEO and Prime founder Ansir Junaid remaining a board member and significant shareholder.

Fastmarkets Acquires Hardwood Market Report

July 28, 2023

Media & Entertainment

Fastmarkets has acquired Hardwood Market Report, a 101-year-old Tennessee-based price reporting agency serving the hardwood and forest-products industries. The deal brings Hardwood Market Report's pricing intelligence and customers into Fastmarkets' global commodity price reporting platform to deepen forest products coverage and expand product and data capabilities.

Hardwoods Distribution Inc. Acquires Novo Building Products from Blue Wolf Capital

June 23, 2021

Building Products

Hardwoods Distribution Inc. (TSX: HDI) agreed to acquire Novo Building Products LLC from Blue Wolf Capital Partners in a transaction announced June 23, 2021; the purchase price was disclosed by HDI as approximately US$303 million and the deal was expected to close in late July/early August 2021. Novo, headquartered in Zeeland, Michigan, is a manufacturer and value-added distributor of mouldings, millwork and stair parts with more than 1,400 employees; Blue Wolf had owned Novo since 2016.

Heartwood Partners Acquires NativeSeed Group

March 27, 2023

Agriculture

Heartwood Partners LLC has acquired NativeSeed Group, a vertically integrated provider of native seeds and erosion control products headquartered in Carpinteria, California, from founder Victor Schaff. Heartwood said it will partner with the existing management team to expand the business organically and via strategic add-on acquisitions to grow geography and customer types.

Northwest Bancshares Acquires Penns Woods Bancorp

July 28, 2025

Financial Services

Northwest Bancshares, Inc. completed its merger with Penns Woods Bancorp, Inc., effective July 25, 2025, folding Penns Woods and its subsidiary banks into Northwest and Northwest Bank. The deal adds 21 branch locations across north-central and northeastern Pennsylvania and expands Northwest's retail footprint to 151 financial centers; Penns Woods CEO Richard A. Grafmyre was appointed to Northwest's board.