Equity capital firm H.I.G. Capital, LLC reports it sold American Hardwood Industries to Baillie Lumber. American Hardwood was among $15 billion in equity capital under H.I.G.'s management.

H.I.G. Capital, LLC , with more than $15 billion of equity capital under management, has completed the sale of its portfolio company American Hardwood Industries to Baillie Lumber.

Cardell Cabinetry creditors have until May 19, 2014 to file claims against the bankrupt kitchen cabinet manufacturer. Separately, creditors Valendrawers, Hardwoods of Michigan, and PAVEN Inc. will depose Wells Fargo Bank, seeking discovery of any assets of Cardell not yet disclosed.

H.I.G. Capital, LLC's affiliate has made a significant investment in Cardell Cabinetry.