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Astara Capital Partners Completes Investment in Cross City Lumber, LLC
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NEW YORK, April 15, 2021 /PRNewswire/  Astara Capital Partners, LLC ( Astara ) announced today that it has acquired a majority stake in Cross City Lumber ( CCL ).  Based in Cross City, Florida, CCL is a Southern Yellow Pine sawmill that manufactures specialty and dimensional grades of lumber.  The company will continue to be led by its current senior management team, including Daniel Dickert, Mike Tate, and Wes Grant, all of whom worked together at nearby Suwannee Lumber Company ( Suwannee ).
Bob McKagen of Astara has joined the company as its CEO.  Mr. McKagen has decades of experience as a senior executive in both the manufacturing and distribution of wood-based building products.  Mr. McKagen commented, Astara is excited to be partnering with this team of talented managers, and I m personally thrilled to be working with many of ....

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