San Diego-Based Succession Capital Acquires Washington State CompanyMonday, August 11, 2014
Succession Capital Inc., a San Diego based private equity firm that buys small- and medium-sized businesses of retiring owners, said it acquired Wine Valley Siding Supply Inc., a distributor of cedar and fiber-cement siding based in Bothell, Wash., near Seattle.
The price and details of the purchase weren’t disclosed.
Wine Valley, founded in 1955, has been providing siding products, trims and accessories to builders and has grown to one of the largest firms of its type in its market, said Succession.
The latest acquisition brings Succession Capital’s portfolio to some 35 companies.