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Star Equity Holdings Announces Acquisition Of Big Lake Lumber

PUBLIC · STRRNov 02, 2023

Acquiring Company

Star Equity Holdings

Acquired Company

Big Lake Lumber

GreenwichBig LakeFinancial ServicesHealth CareFinanceVenture CapitalAngel InvestmentConstructionBuilding Maintenance

Description

Star Equity Holdings, Inc. (Nasdaq: STRR; STRRP) (“Star” or the “Company”), a diversified holding company, announced today it has completed the acquisition of Big Lake Lumber, Inc. (“Big Lake”), a Minneapolis-based building supply center and lumber yard, effective October 31, 2023. Big Lake will be integrated into Glenbrook Building Supply, Inc. (“Glenbrook”), one of the businesses in Star’s Construction division.

Quick answer

Star Equity Holdings is acquiring Big Lake Lumber, announced November 2, 2023. Star Equity Holdings is based in Greenwich, Connecticut, United States.

How much did Star Equity Holdings pay for Big Lake Lumber?
The deal value was not disclosed.
What does Star Equity Holdings do?
Star Equity Holdings, Inc. is a diversified holding company currently composed of two divisions: Construction and Investments.
Where are Star Equity Holdings and Big Lake Lumber based?
Star Equity Holdings is based in Greenwich, Connecticut, United States. Big Lake Lumber is based in Big Lake, Minnesota, United States.
Who are the decision-makers at Star Equity Holdings?
Fundz holds 2 contacts at Star Equity Holdings. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Star Equity Holdings

Location

Greenwich, Connecticut, United States

About

Star Equity Holdings, Inc. is a diversified holding company currently composed of two divisions: Construction and Investments.

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Frequently asked

Who acquired Big Lake Lumber?

Big Lake Lumber was acquired by Star Equity Holdings, based in Greenwich. The deal was reported on November 2, 2023. Star Equity Holdings, Inc. is a diversified holding company currently composed of two divisions: Construction and Investments. Star Equity Holdings is publicly traded (STRR) and operates in Financial Services.

When did Star Equity Holdings acquire Big Lake Lumber?

Star Equity Holdings's acquisition of Big Lake Lumber was reported on November 2, 2023. Star Equity Holdings, Inc. (Nasdaq: STRR; STRRP) (“Star” or the “Company”), a diversified holding company, announced today it has completed the acquisition of Big Lake Lumber, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Big Lake Lumber do?

Big Lake Lumber Inc. has been serving the building community since August of 1976. In 1981 the yard expanded with the addition of another building. In 1985 the office area was expanded and a hardware line was added. It is privately held, and is based in Big Lake.

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