Greenwich Capital Group (“GCG”) is pleased to announce its role as the exclusive financial advisor to Woodharbor Molding & Millworks, Inc. (“Woodharbor” or the “Company”) on its sale to WF Cabinetry Group, a portfolio Company of HCI Equity Partners. This transaction adds to GCG’s extensive experience within the industrial, manufacturing, and building products sectors.
About the Transaction
Founded in 1993, Woodharbor started as a family-founded business by three brothers Curtis Lewerke, and late brothers Jon and Dennis Lewerke. The Company has grown its footprint from Mason City, Iowa to a national presence over the last 30 years through a well-established dealer network. Operating under two distinct product lines “Woodharbor” and “Breeze”, Woodharbor’s capabilities and skilled management team are poised to augment WF Cabinetry’s product portfolio and further strengthen its position in the market. Woodharbor’s employees, including the leadership team, will join WF Cabinetry’s existing teams and work collaboratively to deliver an exceptional platform of cabinetry products.
“Curtis, his management team and the entire Woodharbor organization have built one of the most respected brands in the cabinet industry and we are excited to have them as part of our team,” said Wally Cisowski, CEO of WF Cabinetry. “We look forward to continuing to provide the same exceptional quality cabinets that both WF Cabinetry and Woodharbor customers have come to expect.”
“I must emphasize that GCG’s initial presentation exuded trustworthiness and professionalism, which proved consistently accurate over time. Engaging GCG ensured a disciplined approach, providing clarity on every step of our journey through the finish line. If I had the opportunity to embark on this journey again, I would undoubtedly choose GCG once more.” said Curtis Lewerke, Founder and Owner.
Curtis Lewerke will remain involved with Woodharbor as a shareholder and board member of the broader WF Cabinetry platform.
About Woodharbor Molding & Millworks
Woodharbor Molding & Millworks is a leading manufacturer of both custom and semi-custom cabinetry with operations in Mason City, IA. They are known for their high-quality craftsmanship and tailored solutions for customers through a national dealer network. Their dedication to precision and attention to detail has established them as a trusted provider in the industry. For more information, please visit www.woodharbor.com.
About WF Cabinetry Group
WF Cabinetry is a manufacturer of semi-custom cabinets and vanities with operations in Alexander City, AL and De Pere, WI. For more information, please visit www.wfcabinetry.com.
About HCI Equity Partners
HCI Equity Partners is a lower-market private equity firm focused on partnering with family and founder-owned distribution, manufacturing, and service companies. HCI is headquartered in Washington, DC. For more information, please visit www.hciequity.com.