Madison Dearborn Partners (MDP), a private equity firm based in Chicago, invests into U.S. Lumber Group, a distributor of specialty building products in the Eastern US.
According to the annoucement, after completion of the transaction, the existing management team will remain in place and work with MDP to execute a strategy of pursuing geographic and product offering expansion.
Earlier U.S. Lumber started distributing Georgia-Pacific’s engineered lumber products into the Baltimore market in the USA.
About U.S. Lumber Group:
The company specializes in exterior trim products, interior millwork, pattern stock, flooring, siding, and decking. MDF, PVC, and fiber cement composites compliment a product mix that serves new home construction as well as remodeling, repair, and redesign. Since establishment in 1987 it has grown to cover 15 southeastern and mid-Atlantic states with branches in Atlanta, Greenville, Raleigh, Nashville, Jacksonville, Mobile, and Baltimore.