Private Equity Firm Buys Linden Lumber Company

Miami, FL, April 8, 2008 – Private equity firm H.I.G. Capital has purchased Linden Lumber Company, Ltd. in Linden, Ala., a manufacturer of Southern hardwoods including red oak, white oak and ash with vertically-integrated operations in procurement, sawmills, kiln-drying and logistical support.

 

Linden supplies products for custom cabinetry, furniture, molding, and flooring applications under the “Red Crown” brand. With excess of 3 million board feet of kiln capacity and over 80 million board feet of production capacity, it is one of the largest hardwood sawmill facilities in the Southern US.

 

Linden is H.I.G. Capital’s fourth acquisition in the sector, following the formation of American Hardwood Industries.

 

Ted Rossi, CEO of American Hardwood, co-invested in the deal with H.I.G. and as chairman will provide post-deal oversight. The company’s day to day operations will continue to be run by Linden President Hugh Overmyer.