Content about Private equity firms

April 3, 2012

A former co-founder of Building Industry Partners has formed a new venture that targets privately owned “middle market” LBM companies. Anchor Peabody LLC, founded by Jason Fraler, offers private equity capital, mergers and acquisitions and debt advisory to the building and construction industry. 

Joining the firm’s advisory board is Tony DeCarlo, the former CEO of Lumbermens Merchandising Corporation (LMC).

February 9, 2012

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.

January 12, 2012

Waypoint Real Estate Group, one of the nation's leading acquirers of distressed, single-family properties, and GI Partners, a mid-market private equity firm, have announced a partnership where they will acquire and then rent out more than $250 million in single-family homes. Ultimately, GI hopes to invest more than $1 billion in distressed and foreclosed homes over the next two years, with Waypoint managing the acquisitions and rental conversions.

June 21, 2011

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.

April 12, 2011

Chip Hornsby, former president and CEO of Wolseley, has joined Advent International’s Operating Partner Program. Hornsby will advise Advent, a global investment and corporate buyout firm, on opportunities in the distribution and building products sector. Hornsby will principally work with Advent’s U.S. deal team, which is looking to invest up to $1 billion of equity capital, according to an Advent spokesperson.

April 5, 2011

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.

October 25, 2010

An affiliate of Cerberus Capital Management has dropped its tender offer for BlueLinx Holdings after...

September 30, 2010

New York-based Castle Harlan announced it has completed the sale of Ames True Temper to...

August 18, 2008

Pamela Forbes Lieberman, former president and CEO of True Value, has been named to the...

August 10, 2008

Bradco Supply, a family owned building materials distributor with locations in 30 states, has sold...

July 20, 2008

Five months after its founder retired, Bradco Supply announces it has sold a majority stake...

June 12, 2008

The $179 million deal is expected to be completed by next week....

March 2, 2008

Restoration Hardware said the Sears offer came with “significant uncertainties” as its reason for favoring...

December 16, 2007

Pittsburgh-based PPG will vastly grow its paint and coatings offerings worldwide by acquiring Netherlands-based SigmaKalon....

December 16, 2007

Pro-Build Holdings, the industry’s largest pro dealer, has signed a letter of intent to purchase...

November 26, 2007

Restoration Hardware earlier announced a deal with private equity firm Catterton Partners....

November 11, 2007

The specialty retailer, hurt by strong competition in the home decor market, will be purchased...

October 21, 2007

The private equity firm will pay $2.65 billion for Goodman Global....

October 4, 2007

The investment firm purchased the American Standard kitchen and bath assets for $1.76 billion...

September 9, 2007

After a marathon negotiating session with some of Wall Street’s top investment bankers, Home Depot...

August 29, 2007

The company expects to net approximately $7.9 billion in cash proceeds from the sale....

August 26, 2007

Home Depot has agreed to accept $1.8 billion less for its pro distribution unit....

August 13, 2007

CEO Frank Blake said though earnings fell 15 percent compared with last year, the company...

August 8, 2007

Home Depot has announced it may restructure the deal for its HD Supply division due...

August 5, 2007

The 300,000-square-foot center will serve the company’s 25 Florida branches....