Capstone Partners advised Tioga Hardwoods, Inc.—a leading provider of high-quality hardwood products—on the creation of an Employee Stock Ownership Plan (ESOP). Terms of the deal were not disclosed.
Operating out of the Northern Appalachian region near the New York and Pennsylvania border, Tioga Hardwoods is a wholesaler of hardwoods including Cherry, Hard & Soft Maple, Red & White Oak, and more. Along with superior customer service, the company also maintains a focus on sustainability and responsible forestry practices.
We are pleased to help Tioga’s founders complete an ESOP, which was the ideal transaction to maintain the culture and ensure the future success of the business. An ESOP structure preserves Tioga’s expertise and elite reputation in the industry which will be perpetuated for decades to come.
The expert investment banking professionals on Capstone Partners’ Building Products & Construction Services Team work with leading middle market companies operating in the Building Materials market to advise with their strategic decision-making in order to maximize financial outcomes at every stage of the business lifecycle. Our firm has developed a full suite of corporate finance solutions, including M&A advisory, debt advisory, financial advisory, and equity capital financing to help privately owned businesses and private equity firms address any need, ranging from growth and financial or operational advisement to an ultimate exit transaction. To learn more about this transaction, or about the benefits of starting a relationship with our BP&CS Banking Team, contact us here.
