Woodbridge Group Closes Millwood-BlackEagle DealJuly 26th, 2010 by Editor
Millwood Lumber has been sold to a BlackEagle Partners’ portfolio company, US LBM Holdings, according to Woodbridge Group, a middle-market mergers and acquisitions firm that represented Millwood.
Millwood Lumber has provided lumber, millwork and hardware to renovation and remodeling contractors, builders and retail customers since 1932. Located in Westchester County, 30 miles north of New York City, the company operates a full-service lumberyard, a door and window showroom and retail store.
Founded in 2005, BlackEagle Partners is a private equity firm, and has offices in Bloomfield Hills, Mich. and in New York City.
“We ran a deep marketing campaign, scouring the country for the right buyer,” says Michael Muzzy who managed the Millwood-BlackEagle transaction for Woodbridge. “Our client told us we presented the company well in the marketplace — and in this challenging time found a buyer who will continue to help the company grow.”