M&A Deal Summary

Louisiana-Pacific Acquires ABT Building Products

On January 1, 2001, Louisiana-Pacific acquired building materials company ABT Building Products from Charlesbank Capital Partners and Kohlberg & Company

Acquisition Highlights
  • This is Louisiana-Pacific’s 1st transaction in the Building Materials sector.
  • This is Louisiana-Pacific’s 5th transaction in the United States.
  • This is Louisiana-Pacific’s 2nd transaction in Wisconsin.

M&A Deal Summary

Date 2001-01-01
Target ABT Building Products
Sector Building Materials
Buyer(s) Louisiana-Pacific
Sellers(s) Charlesbank Capital Partners
Kohlberg & Company
Deal Type Add-on Acquisition

Target

ABT Building Products

Neenah, Wisconsin, United States
ABT Building Products is a manufacturer of specialty building products made from hardboard (an engineered wood produced from small pulpwood, sawmill residue and other wood waste) and plastics that generally serve as substitutes for natural wood and ceramic tile.

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Buyer(S) 1

Buyer

Louisiana-Pacific

Nashville, Tennessee, United States

Category Company
Founded 1972
Sector Building Materials
Employees4,100
Revenue 2.6B USD (2023)
DESCRIPTION

Louisiana-Pacific is a manufacturer of quality engineered wood building materials including OSB, structural framing products, and exterior siding for use in residential, industrial and light commercial construction. From manufacturing facilities in the U.S., Canada, Chile and Brazil, LP products are sold to builders and homeowners through building materials distributors and dealers and retail home centers. Louisiana-Pacific was founded in 1972 and is based in Nashville, Tennessee.


DEAL STATS #
Overall 6 of 9
Sector (Building Materials) 1 of 2
Type (Add-on Acquisition) 6 of 8
State (Wisconsin) 2 of 3
Country (United States) 5 of 7
Year (2001) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-01-04 Associated Chemists

Portland, Oregon, United States

Associated Chemists is a manufacturer of coatings, sealants and specialty chemicals for use in engineered wood products, pulp and paper and other industrial applications.

Sell $51M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-28 Peace Valley Oriented Strand Board Mill

Fort St. John, British Columbia, Canada

The Peace Valley mill has an annual production capacity of 820 million square feet of OSB. It currently operates three shifts with plans to add a fourth shift in the first quarter of 2013 depending on market conditions.

Buy CA$75M

Seller(S) 2

SELLER

Charlesbank Capital Partners

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1998
PE ASSETS 6.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Charlesbank Capital Partners is a private equity firm focused on investing in companies at various stages of development, including private and public companies, distressed situations, as well as later stage high growth businesses. Charlesbank typically invests $50 to $150 million per deal, in companies valued between $150 million and $3 billion. Industries of interest include consumer products, distribution, energy, financial services, food, education, health-care products and services, manufacturing, media and communications, and retail. Charlesbank Capital Partners is based in Boston, Massachusetts with an additional office in New York City.


DEAL STATS #
Overall 7 of 50
Sector (Building Materials) 1 of 1
Type (Add-on Acquisition) 4 of 18
State (Wisconsin) 1 of 2
Country (United States) 6 of 46
Year (2001) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-08-01 Bell Sports

Rantoul, Illinois, United States

Bell Sports, Inc. is a designer, developing, and marketing of bicycle helmets and accessories in North America and Europe.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2002-02-05 CSI Leasing

St. Louis, Missouri, United States

CSI Leasing is a large equipment leasing company in the U.S. engaging primarily in information and communication technology equipment (ICT equipment). CSI operates through 70 offices worldwide and leases in over 30 countries, including Mexico, Brazil, Spain, UK, Germany and many others. CSI has extensive experience in ICT equipment FMV (Fair Market Value) Leases and provides comprehensive equipment lifecycle and disposal services including refurbishments, resale and data erasure taking full advantage of its wholly owned subsidiary, Executive Personal Computers, Inc. (EPC).

Buy -
SELLER

Kohlberg & Company

Mount Kisco, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1987
PE ASSETS 11.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Kohlberg & Company is a private equity firm which acquires middle-market companies with consistent cash flow, and underperforming companies with operational deficiencies. Kohlberg looks to commit $100 to $500 million of equity capital in opportunities valued from $200 million to $2 billion. Kohlberg generally looks for opportunities in the manufacturing and service sectors, however the Firm will also selectively consider businesses in food and healthcare. Kohlberg tends not to consider technology or communications companies. Kohlberg & Company was formed in 1987 and has offices in Mt. Kisco, New York.


DEAL STATS #
Overall 2 of 47
Sector (Building Materials) 1 of 2
Type (Add-on Acquisition) 2 of 18
State (Wisconsin) 1 of 5
Country (United States) 2 of 46
Year (2001) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2001-01-01 Tinnerman Palnut Engineered Products

Brunswick, Ohio, United States

Tinnerman Palnut Engineered Products, Inc. is a designer and producer of engineered spring steel and plastic fastening solutions and components. The company principally sells application-specific spring steel fasteners and components, as well as headlamp adjusters, structural products and engineered plastic products to the automotive and commercial/electronics markets.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2001-06-28 Katy Industries

St. Louis, Missouri, United States

Katy Industries, Inc. is a designer, manufacturer and distributor of sanitary maintenance supplies, professional cleaning products and consumer products primarily used by building service contractors, restaurants, hotels, healthcare facilities and schools. Katy Industries, Inc. was founded in 1967 and is based in St. Louis, Missouri.

Buy -