Villaume Industries

Cherry Tree Advises Villaume Industries on their Sale to US LBM

“The Cherry Tree team led a disciplined and competitive process and provided the advice and counsel we needed both leading up to the sale process and during the sale process.  Their professional guidance, sound and respectful counsel and calming tone were instrumental in us completing a successful transaction.  The result was a great outcome for our family, employees and customers.”

– J Nicholas Linsmayer, President and fourth generation Owner, Villaume Industries, Inc.

INDUSTRY:
Industrial – Building Products
DESCRIPTION:
Designer and Manufacturer of Precision Wood Products
LOCATION:
Saint Paul, Minnesota
TRANSACTION TYPE:
100% Sale to Strategic Buyer

Transaction

US LBM, a leading distributor of specialty building materials in the United States, has acquired Villaume Industries, a manufacturer of wood trusses for new residential and commercial construction and of custom wood crating, boxes and pallets in Minnesota. 

Based just outside of Saint Paul in Eagan, Minnesota, Villaume is a leading designer and manufacturer of precision wood products. The company, founded in 1882, provides floor and roof trusses for national, regional and local homebuilders in the Twin Cities metropolitan area and across Minnesota. Additionally, Villaume engineers and manufactures custom wood packaging of pallets, crates and cores for manufacturing companies.

With the addition of Villaume, US LBM now operates 21 locations in Minnesota through its network of divisions in the state, which include Lampert Lumber, NexGen and Lyman Companies; Villaume will operate as a unit of Lyman.

“Villaume has a reputation for both excellence and partnership, and we’re pleased to have them join the US LBM team,” said US LBM President and CEO L.T. Gibson. “Villaume’s capabilities and footprint complement Lyman and its addition to our portfolio enhances our already strong position in the growing Twin Cities market and beyond.”

Cherry Tree’s Role

Cherry Tree was engaged by Villaume Industries to advise the company on its strategic alternatives related to the sale of the company. Cherry Tree led the process that included introductions and discussions with numerous potential acquirers and financial partners, soliciting proposals, negotiating terms, supporting the due diligence process, and facilitating the closing of the transaction.

“The Cherry Tree team led a disciplined and competitive process and provided the advice and counsel we needed both leading up to the sale process and during the sale process.  Their professional guidance, sound and respectful counsel and calming tone were instrumental in us completing a successful transaction.  The result was a great outcome for our family, employees and customers.” – – J Nicholas Linsmayer, President and fourth generation Owner, Villaume Industries, Inc.

About Villaume Industries, Inc.

Based just outside of Saint Paul in Eagan, Minnesota, Villaume is a leading designer and manufacturer of precision wood products. The company, founded in 1882, provides floor and roof trusses for national, regional and local homebuilders in the Twin Cities metropolitan area and across Minnesota. Additionally, Villaume engineers and manufactures custom wood packaging of pallets, crates and cores for manufacturing companies.

About US LBM

US LBM is a leading distributor of specialty building materials in the United States. Offering a comprehensive portfolio of specialty products, including windows, doors, millwork, wallboard, roofing, siding, engineered components and cabinetry, US LBM combines the scale and operational advantages of a national platform with a local go-to-market strategy through its national network of locations across the country. For more information, please visit www.uslbm.com.

About Cherry Tree & Associates

Cherry Tree & Associates is a private investment banking firm headquartered in Minneapolis, Minnesota.  Founded in 1980, it specializes in M&A transactions for both buyers and sellers of middle market companies.  Additionally, it conducts private placements for high quality, entrepreneurially managed growth companies, provides strategic advisory services for CEOs and boards of directors, and prepares fairness opinions and other valuation services.

Cherry Tree & Associates provides investment banking services through our FINRA-licensed broker dealer.

DISCLOSURES
FINRA
SIPC