Star Equity Holdings, Inc. acquires Timber Technologies to diversify revenue and expand client base
Acquiring Company
Star Equity Holdings
Acquired Company
Timber Technologies
GreenwichWausauFinancial ServicesHealth CareFinanceVenture CapitalAngel InvestmentConstructionBuilding MaintenanceManufacturingBuilding MaterialDescription
Star Equity Holdings, Inc., a diversified holding company, has announced its acquisition of Timber Technologies, a WI-based engineered wood products manufacturer. This acquisition marks a significant step forward in Star Equity's growth strategy, as it creates scale, diversifies revenue sources and end markets, and expands its client base and geographic footprint.
Quick answer
Star Equity Holdings is acquiring Timber Technologies, announced May 20, 2024. Star Equity Holdings is based in Greenwich, Connecticut, United States.
- How much did Star Equity Holdings pay for Timber Technologies?
- 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 Timber Technologies based?
- Star Equity Holdings is based in Greenwich, Connecticut, United States. Timber Technologies is based in Wausau, Wisconsin, 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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Frequently asked
Who acquired Timber Technologies?
Timber Technologies was acquired by Star Equity Holdings, based in Greenwich. The deal was reported on May 20, 2024. 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 Timber Technologies?
Star Equity Holdings's acquisition of Timber Technologies was reported on May 20, 2024. Star Equity Holdings, Inc., a diversified holding company, has announced its acquisition of Timber Technologies, a WI-based engineered wood products manufacturer. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Timber Technologies do?
Timber Technologies is a Wisconsin-based engineered wood products ("EWP") manufacturer. The acquisition of Timber Technologies by Star Equity Holdings, Inc. It is privately held, operating in Manufacturing, and is based in Wausau.
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