Wisconsin-based US LBM Holdings closes acquisition of Millwood Lumber of Millwood, New York

NEW HAVEN, Connecticut , July 20, 2010 (press release) – Woodbridge Group, a middle-market mergers and acquisitions firm, is pleased to announce the sale of its client, Millwood Lumber, to a BlackEagle Partners' portfolio company, US LBM Holdings.

Since 1932, Millwood Lumber has provided lumber, millwork and hardware to renovation and remodeling contractors, builders and retail customers. Located in Westchester County, 30 miles north of New York City, the company operates a full-service lumberyard, a door and window showroom and retail store.

US LBM, based in Green Bay, Wisconsin, is the country's 10th largest distributor of lumber and building supplies. The company meets the needs of builders, including custom builders and professional remodelers in Wisconsin, Illinois, Indiana, New Jersey, Pennsylvania, Connecticut and New York.

Founded in 2005, BlackEagle Partners is a private equity firm focused on investing in businesses with unrealized potential that can benefit from its operational expertise and experience in the lower and middle markets. BlackEagle has offices in Bloomfield Hills, Michigan and in New York City.

Woodbridge dealmaker, Michael Muzzy, located in the firm's New York office, managed the Millwood-BlackEagle transaction. "We ran a deep marketing campaign, scouring the country for the right buyer," said Muzzy. "Our client told us we presented the company well in the marketplace -- and in this challenging time found a buyer who will continue to help the company grow."

Woodbridge Group is an innovative M&A firm, was founded in 1993 to provide divestiture and acquisition services to middle market companies.

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