M&A Deal Summary

Star Equity Holdings Acquires Timber Tech

On May 20, 2024, Star Equity Holdings acquired forest products company Timber Tech for 23M USD

Acquisition Highlights
  • This is Star Equity Holdings’ 1st transaction in the Forest Products sector.
  • This is Star Equity Holdings’ 2nd largest (disclosed) transaction.
  • This is Star Equity Holdings’ 6th transaction in the United States.
  • This is Star Equity Holdings’ 1st transaction in Wisconsin.

M&A Deal Summary

Date 2024-05-20
Target Timber Tech
Sector Forest Products
Buyer(s) Star Equity Holdings
Deal Type Add-on Acquisition
Deal Value 23M USD

Target

Timber Tech

Colfax, Wisconsin, United States
Timber Tech manufactures glue-laminated timber products (“glulam”) for various end markets and applications, including agriculture, industrial, infrastructure, and building construction (commercial and residential). Timber Tech was formed in 2003 and is based in Colfax, Wisconsin.

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Buyer(S) 1

Buyer

Star Equity Holdings

Old Greenwich, Connecticut, United States

Category Company
Founded 1985
Sector Medical Products
Employees171
Revenue 46M USD (2023)
DESCRIPTION

Star Equity Holdings is a provider of diagnostic solutions. Star Equity Holdings was founded in 1985 and is based in Suwanee, Georgia.


DEAL STATS #
Overall 6 of 6
Sector (Forest Products) 1 of 1
Type (Add-on Acquisition) 6 of 6
State (Wisconsin) 1 of 1
Country (United States) 6 of 6
Year (2024) 1 of 1
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-02 Big Lake Lumber

Big Lake, Minnesota, United States

Big Lake Lumber is a building supply center and lumber yard that provides all building materials including siding and windows for contractors and the "do-it-yourselfer". Big Lake Lumber was formed in 1976 and is based in Big Lake, Minnesota.

Buy -