CHICAGO–(Business WIRE)–D.A. Davidson introduced right now that it served as economic adviser to Timber Automation (Timber), a portfolio organization of Blue Sage Money, on its sale to USNR, a division of Wood Systems International, a portfolio corporation of One particular Fairness Partners. Timber’s roots date back to the early 1990s and in the course of its 30-plus several years of sector expertise, the enterprise has expanded to come to be a primary supplier of log & lumber devices, optimization & controls and aftermarket pieces for the wooden processing field. Timber operates out of 3 services, two in the southeast U.S. and 1 in jap Canada.

“We realized that USNR was the correct proprietor for Timber from the outset,” said John Steck, President of Timber Automation. “USNR’s status for doing right by the purchaser aligns beautifully with our corporation lifestyle and values. This partnership will assist give us wider visibility and supply better solutions for prospects.” In addition to complementary small business actions, USNR will profit from Timber’s position in the timber-belt and cross-promoting alternatives with new and current clients. Timber will in change reward from USNR’s world-wide capabilities and built-in means.

Blue Sage Running Member, Jim McBride, remarked: “Timber is a terrific case in point of the Blue Sage strategy at work. We partnered with the founders of the company, assisted them changeover into retirement and employed an exceptional crew to usher Timber into its upcoming section of expansion. Credit John Steck, President, Renee Teel, CFO, and their full staff for acquiring an excellent consequence in the encounter of tariffs and unstable lumber charges, a pandemic, and geopolitical unrest.”

“We appreciated the option to guide Timber in getting a strategic spouse and the probability to get the job done with a top private equity organization like Blue Sage,” claimed Eric Stetler, Taking care of Director at D.A. Davidson’s Diversified Industrials Investment Banking Team.

D.A. Davidson’s Investment Banking Division is a top total-company financial commitment financial institution that features detailed fiscal advisory and cash markets skills. The group has extensive transaction knowledge serving middle-current market customers throughout the world throughout 4 field verticals: buyer, diversified industrials, money institutions, and technology. With each other with its European strategic partner, MCF Company Finance, D.A. Davidson originates and executes transatlantic M&A transactions beneath the widespread brand of D.A. Davidson MCF International.

About D.A. Davidson Corporations

D.A. Davidson Businesses is an staff-owned economical solutions organization presenting a variety of money expert services and tips to folks, firms, institutions and municipalities nationwide. Founded in 1935 with company headquarters in Great Falls, Montana, and regional headquarters in Denver, Los Angeles, New York, Omaha, and Seattle, the enterprise has about 1,475 employees and places of work in 28 states.

Subsidiaries include things like: D.A. Davidson & Co., a complete-provider investment company providing wealth management, financial commitment banking, equity and fixed cash flow cash marketplaces providers, and assistance Davidson Expenditure Advisors, a experienced asset management agency D.A. Davidson Belief Enterprise, a rely on and prosperity administration company and Davidson Fastened Earnings Management, a registered expense adviser providing set profits portfolio and advisory companies.

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