Strategic Value Partners Invests €200 Million Preferred Equity in Bjelin Group (Woodura Flooring)

Bergs Timber Acquires Hedlunda Holding AB

June 29, 2023

Manufacturing

Bergs Timber AB has acquired all shares in Hedlunda Holding AB, a manufacturer of wooden furniture and components with production sites in Lycksele, Sweden and Skoczów, Poland. The acquisition (purchase price ~SEK 140 million for the shares; total purchase price SEK 225 million on a cash- and debt-free basis) expands Bergs's wood-processing capabilities and creates a new Furniture & Components product area; Hedlunda reported ~SEK 620 million in trailing twelve-month sales and employs about 400 people.

StoneTree Investment Partners Invests in Viking Engineering & Development

October 29, 2024

Manufacturing

StoneTree Investment Partners, a lower middle market industrials-focused private equity firm, has invested in Viking Engineering & Development, a Blaine, Minnesota-based manufacturer of automated assembly and fastening equipment for the pallet and bed frame industries. The investment will support Viking's growth and operational/technology initiatives; financial terms were not disclosed.

Platinum Equity Acquires JELD-WEN Australasia (Ventora Group) for $461M

July 2, 2023

Building Products

Platinum Equity completed the $461 million acquisition of JELD-WEN's Australasia windows, doors and related building products business in July 2023. The carve-out (rebranded Ventora Group) operates ~41 manufacturing sites across Australia, Malaysia and Indonesia, employs roughly 5,000 people, and will be run by Scott Kelly as CEO while Platinum invests in capacity, automation and IT improvements to capitalize on rising energy-efficiency demand.

Vauban Infrastructure Partners Acquires Boreal Holding AS from China Everbright

November 1, 2021

Transportation

Vauban Infrastructure Partners (via a company held by a fund it manages) agreed to acquire Boreal Holding AS and its subsidiaries from Everbright Overseas Infrastructure Investment Fund LP (EOIIF), a fund sponsored by China Everbright Limited. Boreal, a Stavanger-headquartered multi-modal public transport operator active in bus, ferry and light-rail contracts across Norway (and expanded into Sweden), will keep its management team; financial terms were not disclosed and closing was expected in Q4 2021 or Q1 2022.

Avesi Partners Makes Growth Investment in Muir Wood

January 16, 2023

Healthcare Services

Avesi Partners has made a growth investment in Muir Wood, LLC, a Petaluma, California-based provider of adolescent-focused residential behavioral health services. The capital will support Muir Wood’s plan to expand into new geographies and add service lines while partnering with founder and CEO Scott Sowle and the existing management team.

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.