Parksite’s Florida door shop acquired by Boise Cascade

Bulkley Capital served as exclusive financial advisor to Parksite, Inc. (Batavia, Illinois), a leading wholesale distributor of branded and specialty building products, in connection with the sale of the assets and operations of its door shop in Lakeland, Florida.

A 100% employee-owned company, Parksite is a major wholesale distributor of category-leading building construction products and specialty building materials. The company has 22 locations throughout the eastern half of the United States and over 650 employee-owners. Bulkley Capital was engaged by Parksite to evaluate the company’s financial alternatives relative to its Florida door shop.

Parksite successfully completed the sale of the assets of its door shop in Lakeland, Florida to Boise Cascade (NYS:BCC) (Boise, Idaho), one of the largest producers of engineered wood products and plywood in North America and a leading U.S. wholesale distributor of building products. The transaction will broaden the operation’s product offerings and customer service capabilities as well as expand opportunity for the associates working in the business.

Boise Cascade expands its millwork business with the purchase of a Florida door shop