M&A Deal Summary

Northwood Ventures and Atlas Holdings Acquire RedBuilt

On August 18, 2009, private equity firms Northwood Ventures and Atlas Holdings acquired building materials company RedBuilt from Weyerhaeuser

Acquisition Highlights
  • This is Northwood Ventures’ 2nd and Atlas Holdings’ 1st transaction in the Building Materials sector.
  • This is Northwood Ventures’ 43rd and Atlas Holdings’ 5th transaction in the United States.
  • This is Northwood Ventures’ 1st and Atlas Holdings’ 1st transaction in Idaho.

M&A Deal Summary
Date 2009-08-18
Target RedBuilt
Sector Building Materials
Buyer(s) Northwood Ventures
Atlas Holdings
Sellers(s) Weyerhaeuser
Deal Type Divestiture

Target

RedBuilt

Boise, Idaho, United States
RedBuilt LLC manufactures and designs joists, beams and wood trusses for commercial, industrial and multifamily residential building applications. RedBuilt was formed in 1958 and is based in Boise, Idaho.

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Buyer(S) 2

Buyer

Northwood Ventures

Syosset, New York, United States

Investor Investor Investor

Category Private Equity Firm
Founded 1983
PE ASSETS 100M USD
Size Small
Type Sector Agnostic
DESCRIPTION

Northwood Ventures is a private investment firm that invests at all stages of company development, including venture, buyout, consolidation, growth, recapitalization, and turnaround situations. Northwood prefers opportunities located within the US and will consider both minority and control situations. Northwood's typical investment ranges from $5 to $15 million. Target sectors include telecommunications, manufacturing, retailing/consumer, financial services, and service-oriented business industries. Northwood Ventures was formed in 1983 and is based in Syosset, New York.

DEAL STATS #
Overall 47 of 57
Sector (Building Materials) 2 of 2
Type (Divestiture) 2 of 2
State (Idaho) 1 of 1
Country (United States) 43 of 52
Year (2009) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-06-23 Oneida Broadband

New York, New York, United States

Oneida Broadband LLC acquires, builds, and operates broadband wireless access networks in the United States.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-01-01 Hygrade Components

Bethlehem, Pennsylvania, United States

Hygrade Components is a provider of components used in the manufacture of residential and commercial windows and doors. Hygrade’s products, which include stiffeners, screen frames, muntin bars, spacers, and other components, are used to improve the thermal efficiency and enhance the appearance and strength of windows and doors. Hygrade Components was founded in 1939 and is based in Bethlehem, Pennsylvania.

Sell -
Buyer

Atlas Holdings

Greenwich, Connecticut, United States
Category Private Equity Firm
Founded 2002
Size Large
Type Sector Agnostic
DESCRIPTION

Atlas Holdings is a private equity and investment holding firm focused on acquiring controlling interests in businesses operating in traditional, basic industries. Areas of interest include automotive, business services, industrial services, building materials, pulp and paper, distribution, energy, packaging, specialty steel and wood products. The Firm will participate in bankruptcy investments, highly structured equity and debt investments, leveraged ESOP acquisitions, out-of-court restructurings, and roll-ups. Atlas typically partners with private and institutional investors and structures one investment at a time. Atlas Holdings was established in 2002 and is based in Greenwich, Connecticut.

DEAL STATS #
Overall 7 of 35
Sector (Building Materials) 1 of 3
Type (Divestiture) 1 of 14
State (Idaho) 1 of 1
Country (United States) 5 of 29
Year (2009) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-04-24 Phoenix Services

Radnor, Pennsylvania, United States

Phoenix Services is a global provider of value-added industrial services to steel mills serving world class customers such as ArcelorMittal, Nucor Steel, and US Steel, among others. The Company has a global workforce of approximately 2,100 employees and operates in 34 locations on four continents. Phoenix Services was founded in 2006 and is based in Radnor, Pennsylvania.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-03-02 Bridgewell Resources

Tigard, Oregon, United States

Bridgewell is a supplier of construction products, utility supplies, wood products, food ingredients and crop inputs, together with logistics services, to suppliers and customers across the globe.

Buy -

Seller(S) 1

SELLER

Weyerhaeuser

Seattle, Washington, United States
Category Company
Founded 1900
Sector Forest Products
Employees9,300
Revenue 7.7B USD (2023)
DESCRIPTION
Weyerhaeuser service center in St. Paul, Minnesota.
Weyerhaeuser service center in St. Paul, Minnesota.

Weyerhaeuser is a large private owner of timberlands and manufacturer of building materials. Weyerhaeuser owns or controls nearly 7 million acres of timberlands, primarily in the US, and manages additional timberlands under long-term licenses in Canada. The Company also manufacturers wood products and specialty cellulose fibers products. Weyerhaeuser was founded in 1900 and is based in Seattle, Washington.

DEAL STATS #
Overall 5 of 11
Sector (Building Materials) 1 of 1
Type (Divestiture) 5 of 11
State (Idaho) 1 of 1
Country (United States) 5 of 11
Year (2009) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-03-17 Weyerhaeuser - Containerboard Packaging and Recycling Business

United States

Containerboard Packaging and Recycling business.

Sell $4.6B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-09-16 Cosmo

Cosmopolis, Washington, United States

Cosmo is a manufacturer of paper and related packaging products. The Company is engaged in producing paper from dissolving grade wood pulp. It also provides other paper packaging products. Cosmo was founded in 2010 and is based in Cosmopolis, Washington.

Sell -
Mergr

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