Alexandria Moulding, LP
IOP Fund II
Acquisition Date: | April 2016 |
Status: | Exited |
Headquarters: | Alexandria, Ontario |
Exit Date: | October 2018 |
Acquirer: | U.S. Lumber Group |
Add-on Acquisitions: | Executed add-on acquisitions during IOP ownership |
Description
Manufacturer and distributor of wood moldings and related millwork products for the Canadian and Northern U.S. residential housing markets. The company sells directly to retailers as well as wholesale building product distributors and industrial customers.
Operating Thesis
Provided support to existing management team
Created fundamental improvement in operating performance:
- Increased lower-cost manufacturing capacity
- Optimized logistics and reduce transportation costs
- Reduced working capital requirements
- Capitalized on growth opportunities with new and existing customers