White Owl acquires woodworking manufacturer Olon Industries
White Owl Family Office has acquired and recapitalized Olon Industries, a Georgetown, Ontario designer and maker of woodworking components for the North American furniture and cabinet-making industries. No financial terms were disclosed for the deal, which was done in partnership with Olon's executive team. The team is led by President and CEO Don Hambly. Founded in 1981, Olon has completed two add-on acquisitions since 2007, when it received an investment from U.S. private equity firm Huron Capital Partners. Based in Toronto, White Owl invests in mid-market companies on behalf of the McArthur and Carrick families.
6 March 2017•2 mins read
