Weston Forest Acquires Kings Wood Products

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.

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.

OrePac Building Products Acquires Western Timber Products

February 26, 2024

Building Products

OrePac Building Products, a family-owned wholesale supplier based in Wilsonville, Oregon, has agreed to acquire Western Timber Products, a specialty softwood lumber and custom millwork manufacturer headquartered in Coeur d'Alene, Idaho. The deal, announced Feb. 26, 2024, is expected to close around early April 2024 and will keep Western Timber's owner Dan Seid involved to assist in the transition.

Heartwood Partners Invests in Royal Products

April 12, 2024

Manufacturing

Heartwood Partners made a growth investment in Royal Products, a Hauppauge, New York-based manufacturer and distributor of metalworking performance accessories, on April 12, 2024. Management will remain in place while Heartwood plans to support the company’s expansion through investments in people, processes and strategic add-on acquisitions; Lincoln International and Carl Marks Advisors served as financial advisors.

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.

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.