Blue Wolf Capital Partners, a New York-based investor, has acquired Suwannee Lumber. The company's CEO and its president invested alongside Blue Wolf. Suwannee manufactures softwood lumber products used primarily in decking and durable outdoor construction. Based in Florida, the company counts customers not only in the Southeastern U.S., but also in the Mid-Atlantic and Northeast United States. Blue Wolf used its Blue Wolf Capital Fund III to finance the transaction.