Selected transaction · Building products
A transition for Liberty Cedar
Liberty Cedar operated in Rhode Island and South Carolina. ThirdSide advised its stockholders on the sale of the Rhode Island location’s assets and related real estate.
- Business
- Liberty Cedar
- Sector
- Specialty building products
- Announcement
- July 1, 2019
- Buyer
- Building-products investor group
The business
A business built on product knowledge and relationships
Liberty Cedar’s business brought specialty cedar and other woods to architects, contractors and designers. Product knowledge, delivery and customer relationships were central to the company described in ThirdSide’s announcement.
The completed transaction covered assets of the Rhode Island operation and related real estate. The buyer was an investor group with existing building-products holdings.
ThirdSide’s work
How ThirdSide supported the sale
ThirdSide provided valuation advisory, confidential marketing through a structured sale process, and negotiation of the transaction and financing. Rob Piacitelli and Bruce Charleson managed the engagement.
President and founder Dave Goss described how the guidance helped him identify opportunities to improve the business and find a suitable buyer.
“ThirdSide’s process resulted in a buyer who is a great cultural fit for our employees.”
Dave Goss · Liberty Cedar President
ThirdSide announcement, July 1, 2019
- ThirdSide Capital, “Successful Sale of Liberty Cedar, Inc.”, July 1, 2019. Firm announcement archive.