CTB Achieved Highest Levels of Market Share Gains and Profitability in Recent Quarters BOSTON, MA — March 3, 2026 – The Watermill Group, a strategy-driven private investment firm, announced the sale of Cooper Turner Beck (CTB) to Waterland Private Equity, a European private equity firm that specializes in scaling industrial businesses. CTB is a global […]
BOSTON, MA – August 11, 2025 – The Watermill Group, a strategy-driven private investment firm, is pleased to announce the addition of Lucas Gillespie to its team as Senior Associate. Gillespie will be responsible for evaluating opportunities, executing transactions and supporting management teams on strategic and operational initiatives. “We’re thrilled to welcome Lucas Gillespie to […]
BOSTON, May 14, 2024 – The Watermill Group, a strategy-driven private investment firm, is proud to announce it has completed an investment in Musser Lumber and its principal operating subsidiary, Musser Biomass and Wood Products (collectively, “Musser”), the mid-Atlantic region’s leading producer of premium dried hardwood fiber and associated converted products. “Musser is thrilled to […]
BOSTON, MA – January 23, 2024 – Boston-based Watermill Group, a strategy-driven middle market private investment firm, today announced the promotion of Scott Oudheusden to Partner. In his new capacity, Mr. Oudheusden is responsible for the evaluation, due diligence, and execution of potential transactions, as well as providing assistance to portfolio companies. With more than […]
Mississauga, ON – July 4, 2023 – Weston Forest, a leading distributor and remanufacturer of softwood & hardwood lumber and specialty panel products, today announced it has acquired Kings Wood Products of Paris, ON. “Kings Wood Products expands our manufacturing base in Canada while adding to the mix of products we can offer our existing […]
Mississauga, ON – August 24, 2022 – Weston Forest, a leading distributor and remanufacturer of softwood & hardwood lumber and specialty panel products, today announced it has acquired Industrial Lumber Sales, Inc. (ILS) of Moultrie, GA. Steve Rhone, President & CEO of Weston Forest, states, “Industrial Lumber Sales is a well-run, highly reputable business with […]
News Summary For the past decade, Watermill has helped transform Tenere into a sophisticated supplier of custom mechanical solutions for the high-growth markets of information and communications technology, fiber optics and renewable energy. Under Watermill ownership, Tenere refocused and reinvigorated its business strategy, implemented facility improvements across North America, coordinated key acquisitions, completed a greenfield […]
