Lynx Equity has acquired Winfield Wood & Lath. No financial terms were disclosed. Generational Equity advised Winfield Wood & Lath on the transaction. Based in Kelowna, British Columbia, Winfield Wood & Lath is a remanufacturing sawmill wholesaler.
DALLAS, May 20, 2014 /PRNewswire/ — Generational Equity, a leading mergers and acquisitions advisor for privately-held, middle-market businesses, is pleased to announce the acquisition of its client, Winfield Wood & Lath Ltd., headquartered in Kelowna, British Colombia, by Lynx Equity Ltd, located in Toronto, Ontario. The acquisition closed on March 14, 2014.
Based in central Okanagan in British Columbia, Winfield Wood & Lath is a leading remanufacturing sawmill wholesaler. For 23 years, the Company has manufactured products that include lath, dunnage, kiln sticks and blocks, and yard dunnage, which are contrived from rough lumber to create necessary products for the sawmill industry. The wood products are heat treated as well as IPPC (International Plant Protection Convention) certified for exporting to the U.S. and overseas markets. The Company’s superior name recognition and reputation is built on 20+ years on providing quality products, excellent capabilities, and extraordinary customer service.
Managing Director Stephen Crisham, alongside his Vice President, Mike Meredith, and their affiliate Ted Rattenberry, led the Generational Equity deal team that advised Winfield Wood & Lath on the transaction. “The transaction was a good fit for both parties as Lynx Equity is looking to expand its presence into the wood products industry in B.C. and they will provide the resources to enable Winfield Wood & Lath to continue to grow their operation,” stated Ted Rattenberry.
Lynx Equity Limited is a Canadian based private equity firm. Lynx Equity blends a proven track record in identifying and building value in a diversified portfolio of companies across Canada and the United States. Lynx Equity seeks to pursue investments in mid-market companies with the goal of building value through opportunistic acquisitions, strategic leadership and the timely use of financial expertise. To read more, visit Lynx Equity at www.lynxequity.com.
About Generational Equity
Generational Equity provides mergers, acquisitions, strategic growth advisory services, and information for privately held and family-owned businesses to exit their companies successfully. Generational Equity uses a four-phase approach that includes education, financial analysis and reporting, sales documentation and deal-making ability to offer business owners an unparalleled level of commitment and experience, all focused on helping to release the generational equity and wealth in every business. Generational Equity is headquartered in Dallas, TX, has more than 200 professionals in North America, and was recently recognized by the M&A Advisor as the M&A Consulting Firm of the Year. For more information visit the following websites at www.genequityco.com, www.gecpress.com or http://blog.genequityco.com/.
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