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New Deal


Announced

Completed

Watermill Group completed the acquisition of Weston Forest.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Forestry

Majority

Friendly

Completed

wood products

Acquisition

Private Equity

Single Bidder

Private

Canada

Synopsis

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Watermill Group, a strategy-driven private investment firm, completed the acquisition of Weston Forest, a distributor and remanufacturer of softwood & hardwood lumber and specialty panel products, a private investment firm based in Canada. Additional investor includes Walter Capital Partners. Financial terms were not disclosed. “This is a historic event for everyone at Weston Forest. Our partnership with the Watermill Group will give us the strategic expertise and financial resources we need to help us enter the next phase of our growth. Watermill’s culture and values are an excellent fit with ours, and this strategic move will allow us to continue to offer a diverse range of products and services to our customers and suppliers, while providing more opportunity to our employees," Steve Rhone, Weston Forest President.

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