Canadian lumber remanufacturer Yellowhead acquired by private investors
August 23, 2021 | 11:42 am CDT
Yellowhead Wood manufacturing

Yellowhead Wood Products remanufacturers wood into products including kiln sticks, dunnage, and lath.

ALBERTA - Canadian wood product remanufacturer Yellowhead Wood Products has been acquired by Lynx Equity, a Toronto-based private equity firm. 

“Using our experience from Winfield, Lynx’s only other wood re-manufacturing business, we had a good understanding of what makes these businesses successful,” Eric Persi, Lynx vice president of mergers and acquisitions. “YWP possesses many, if not all, of the characteristics that we were looking for in a company operating in this industry. Craig, Ian, and Nathan run a very impressive operation at YWP and we are excited that they have committed to stay on long-term in either full-time or advisory positions.”

YWP had enlisted MNP Corporate Finance to help it find a buyer.

“Lynx Equity was the right choice for the shareholders and employees," said YWP president Craig Corser. "Lynx agreed to continue our Employee Profit Share program, as well as to provide professional support and the long-term perspective needed for further growth and development.  

Lynx writes on its LinkedIn page that it "buys businesses from owners looking to retire from companies with EBITDA between $1 and $3 million."

YWP has been a secondary wood manufacturer for 30 years, primarily reworking already manufactured wood products into industrial products and consumables. The company's main products are kiln sticks, dunnage, and lath.

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Robert Dalheim

Robert Dalheim is an editor at the Woodworking Network. Along with publishing online news articles, he writes feature stories for the FDMC print publication. He can be reached at robert.dalheim@woodworkingnetwork.com.