Content about Private equity firms

Building Industry Partners, a private equity investment firm focused in the U.S. building products industry, has sponsored a newly formed entity, United Cabinet Holdings, to invest in and/or acquire niche-leading North American regional kitchen and bath cabinetry manufacturers. Partners in the firm, whose chairman is Matt Ogden, are longtime kitchen and bath cabinet industry veterans Terry Dickey and Michael Arnaud.

Weyerhaeuser has entered into an agreement with American Industrial Partners (AIP), a private equity firm, to sell its worldwide hardwoods and industrial products business unit, for an undisclosed price. The future business will operate as Northwest Hardwoods, Inc., headquartered in Tacoma, Wash., with operations in the United States, Canada, China, Japan and Hong Kong. 

The transaction is expected to close in August of this year.

Livermore, Calif.-based Activant is expected to merge with Epicor Sofware Corp. as part of a deal in which Apax Parnters acquires both of the software solutions providers. 

Following completion of the merger, the combined company will be called Epicor Software Corp.

Apax Partners is private equity firm with a specialty in technology investment, according to a press release announcing the acquisition. 

According to Pervez Qureshi, Activant president and CEO, the new entity can now cover the full spectrum of retailing.