Blue Wolf Capital seals Mulch and Soil Company sale to CenterGate Capital three years after carve-out
6 The company was created in 2018 when Blue Wolf carved out the mulch division from former portfolio business Suwannee Lumber Company and merging it with Forestry Resources and later K&B Landscapes. Blue Wolf managing partner Adam Blumenthal said, “The Mulch and Soil Company is a quintessential Blue Wolf investment, which involved a complex carveout and integration of three companies and demonstrates the value of our niche sub-sector specializations. “By carving out Suwannee’s mulch division, integrating two founder-run businesses and recruiting a best-in-class management team comprised...