Wynnchurch Capital LP has sold its majority interest in Rosboro Holdings Inc., Springfield, Or., to One Equity Partners. Wynnchurch said it is retaining “a significant minority” stake in the company it acquired in December 2016.
Rosboro is a manufacturer of engineered wood products including stock and custom glued laminated timber (“glulam”) and lumber used in residential and light commercial construction.
“Rosboro represented an opportunity to invest in a company with a leading market position, differentiated product offering and long-standing customer relationships,” said Brian Crumbaugh, partner at Wynnchurch. “We are proud of the management team’s accomplishments during our ownership period and are excited to continue our partnership with management during Rosboro’s next phase of growth.”