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January 10, 2008
New Haven, Connecticut – Thursday, January 10, 2008 – Woodbridge, LLC., a leading mergers and acquisitions firm, is pleased to announce the acquisition of Water Mill Lumber by Trade Supply Group, Inc. Water Mill Lumber based in Water Mill, NY is one of the largest True-Values in the U.S., offering a vast selection of building supplies.
New York based Trade Supply Group, Inc. is comprised of proven operating executives, investors and advisors who have successfully acquired and grown privately held businesses in several different industries. Their current portfolio includes Manhattan Laminates, Ltd., Simon’s Hardware & Bath and Mechanics Building Supply.
“Our client, Trade Supply Group, Inc., was looking for a profitable, customer-service driven distributor of building products in the Northeast,” said Robert F. Murphy, COO at Woodbridge and dealmaker for the transaction. “We have been working with the Trade Supply team for over two years and we are delighted to have found such a high quality company that tightly fit our client’s acquisition criteria.”
Kevin Brady, CEO, Trade Supply Group, said, “We have been very pleased with the quality of deal flow generated by Woodbridge and their overall professionalism.”
Woodbridge, LLC., an innovative M&A firm, was founded in 1993 to provide divestiture and acquisition services to middle-market companies.