FOR IMMEDIATE RELEASE
Transact Capital advises on the sale of The Treated Lumber Outlet of Virginia to Decks & Docks Lumber Company
Transact Capital Securities announced the sale of The Treated Lumber
Outlet of Virginia, LLC (“TLO”) to Decks & Docks Lumber Company.
Transact Capital served as the exclusive financial advisor to TLO.
Terms of the transaction were not disclosed.
Headquartered in Newport News, VA, Treated Lumber Outlet is a
leading specialty building products dealer of pressure treated lumber,
composite decking, and related materials. TLO has built an impressive
reputation over the past 32 years and is well-known in the Hampton
Roads market for product knowledge, in-stock product selection, and
superior customer service. TLO strategically focuses on being a full-service, one-stop project center for exterior project contractors and
do-it-yourself (DIY) customers.
Headquartered in Clearwater, FL, Decks & Docks Lumber Company is a
leading supplier of marine construction products in the Southeast US.
Chief of Staff, Nicole Smith said, “Decks & Docks is excited to announce this new venture, and we are looking forward to building upon TLO’s already strong foundation.”
TLO was founded in 1988 as the retail division of Commonwealth Wood Preservers and was spun off as an
independent company in 2009 by its executive management team, led by President Jim Graves. “We are
proud of the company that TLO has become over the past three decades, and we thank our employees,
vendors, and customers for their contributions to our success,” Jim noted. “We also appreciate the tireless
effort and expert advice we received from Transact Capital, which represented us in the transaction. They
did an outstanding job from start to finish, and we are excited for TLO’s next chapter.”
Transact Capital’s deal team was led by Jonathan Brabrand and David Kadycz.