Deal Snapshot
ShoreBridge Merchant Partners Invests with Astara Capital Partners in the Acquisition of Cross City Lumber
Thursday 22 April 2021

US-based investment program ShoreBridge Merchant Partners has invested alongside US-based private equity sponsor Astara Capital Partners in the majority acquisition of Florida, US-based sawmill Cross City Lumber, the firm said.

Based in Cross City, Florida, CCL is a Southern Yellow Pine sawmill that manufactures specialty and dimensional grades of lumber. The company will continue to be led by its current senior management team in conjunction with Bob McKagen of Astara who has joined the company as its CEO.

Date Published: 22/04/2021