Highland West goes big with investment in forest-industry supplier BID

Highland West Capital has gone big with its second platform investment, backing a turnkey supplier to North America’s wood-processing industry. In June, the Vancouver private equity firm acquired a majority stake in BID Group. It partnered with the management team, led by CEO Alistair Cook and Chairman Brian Fehr, whose family owned the forest-products specialist for more than 30 years. Terms weren’t disclosed. However, BID, which has revenue approaching $400 million, represents a “large-sized deal,” Highland Managing Director David Mullen told PE Hub Canada.

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