ROSEMONT, Ill.--(BUSINESS WIRE)--Wynnchurch Capital (“Wynnchurch”), a leading middle-market private equity firm, announced today that it has acquired Rosboro Company, LLC (“Rosboro” or the "Company"). Rosboro is well known as a leading integrated forest products operation producing a wide variety of products including laminated beams (glulam for residential and light commercial construction), studs (home building market), and veneer (plywood and LVL production) at seven manufacturing plants in Oregon. The Company is a leader in the glulam sector as well as the broader engineered wood products industry due to its high quality products and services.
Rosboro was founded more than 100 years ago and has been headquartered in Springfield, Oregon since 1939.
“We are excited to partner with the management team of Rosboro to continue the Company’s track record of superior customer service, quality and innovation. Rosboro has a bright future and we look forward to supporting the Company’s growth plans,” said Ian Kirson, Partner at Wynnchurch. “Wynnchurch seeks to invest in customer-focused businesses that recognize their success is driven by meeting or exceeding their customers’ needs. It was clear from the beginning that Rosboro embraces this philosophy and that Wynnchurch’s vision for the business was aligned with that of management,” added Brian Crumbaugh, Managing Director at Wynnchurch.
“We are very pleased that Wynnchurch Capital has acquired the business,” said Scott Nelson Chief Executive Officer for Rosboro. “Wynnchurch has an outstanding reputation for supporting growth and providing management teams with strategic guidance that fits perfectly into the Company’s focus for the future.”
About Rosboro:
Rosboro Company, LLC, headquartered in Springfield, Oregon, produces a wide variety of solid and engineered wood products at seven manufacturing plants in Oregon. Rosboro is the largest glulam producer in North America and serves customers throughout the United States, as well as Canada, Australia, China, Finland and Japan. For more information about Rosboro, please visit www.rosboro.com.
About Wynnchurch Capital:
Wynnchurch Capital, LLC, headquartered in the Chicago suburb of Rosemont, Illinois, with offices in California and Canada, was founded in 1999, and is a leading middle-market private equity investment firm. Wynnchurch's strategy is to partner with middle market companies in the United States and Canada that possess the potential for substantial growth and profit improvement. Wynnchurch Capital manages a number of private equity funds with $2.1 billion of capital under management and specializes in recapitalizations, growth capital, management buyouts, corporate carve-outs and restructurings. For more information, please visit: www.wynnchurch.com.
