-
Kelso & Co to acquire US LBM Holdings
It's official. US LBM Holdings announced on Wednesday afternoon a new ownership deal.
Private equity firm Kelso & Company entered an agreement to purchase a majority of the equity interests in Green Bay, Wisconsin-based US LBM Holdings. BlackEagle Partners LLC and certain members of US LBM will be investors alongside Kelso, according to the announcement.
-
Things are happening at Family Farm & Home
Michigan-based True Value dealer Family Farm & Home has a number of game-changing developments to announce.
The biggest is surely the passing of the torch from president and CEO Al Fansler to his son, Tim Fansler, and son-in-law, Bob Tarrant.
The three opened their first location in Michigan 13 years ago, having expanded since to Indiana and Ohio.