Seller: Algoma Hardwoods, Inc.
Transaction Type: Sell Side M&A
Headquarters: St. Algoma, WI
Overview: Algoma is a leading manufacturer and distributor of custom, architectural wood doors serving the commercial and institutional construction markets.
Buyer: Industrial Opportunity Partners/American Capital
Headquarters: Evanston, IL
Overview: Industrial Opportunity Partners is a private equity firm dedicated to creating value through investing in manufacturing and value-added distribution businesses. IOP focuses on businesses with strong product, customer and market positions and provides management and operational resources to support sales and earnings growth at its businesses.