Succession Capital has acquired Wine Valley Siding Supply, a distributor of wood and fiber cement siding.
Wine Valley Siding Supply is a distributor of siding products, trims, and accessories. The company also offers prefinishing services on site, allowing customers to customize their siding and trims. Wine Valley was founded in 1955 and is headquartered north of Seattle in Bothell, WA (www.winevalleysiding.com).
“We were immediately impressed by Wine Valley because of its devotion to customer service and its ability to adapt product offerings and strategic efforts as trends and market conditions changed. The success of the company is a credit to its exceptional management team, and we look forward to working with them to execute Wine Valley’s growth plans and foster its ongoing legacy in the region,” said Mathew Burpee, Lynx Vice President – Western Canada.
Succession Capital, a subsidiary of Lynx Equity Limited, seeks to acquire small to medium-sized businesses from owners looking to retire. Succession targets transactions requiring between $2 million and $8 million of equity. The firm is based in La Jolla, CA (www.succession-capital.com).
2014 PEPD • Private Equity’s Leading News Magazine • 8-7-14