Tuesday, January 9, 2007

Olympus Partners today announced that it has closed its previously announced acquisition of WII Components, Inc., a majority of which is owned by Behrman Capital III L.P., for an enterprise value of $295.5 million. WII Holding, Inc., an affiliate of Olympus Partners, acquired WII Components, Inc. in a merger transaction.

WII Components, Inc., headquartered in St. Cloud, Minn., is a leading outsourced manufacturer of hardwood and engineered wood doors and components to the North American kitchen and bath cabinet market.

Founded in 1989 and based in Stamford, Conn., Olympus Partners is a leading private equity firm managing $1.7 billion of capital on behalf of corporate pension funds, endowment funds, and state-sponsored retirement programs. Olympus invests in growth-oriented buyouts and recapitalizations in health care, business services, financial services and consumer and restaurant markets.

Olympus Acquires WII Components, Inc. From Behrman Capital