representative work

Industrial Opportunity Partners Acquires Applegate and Greenfiber to Form Cellulose Insulation Platform


On January 11, 2022, Industrial Opportunity Partners (“IOP”), an operations-focused private equity firm, acquired Applegate Holdings, LLC and the assets of Greenfiber Holdings, LLC, to form Applegate Greenfiber Holdings LLC, the largest North American producer of cellulose insulation.

Cassels acted as Canadian counsel to IOP.