Supplier Colorado Timberline (asi/91263) has announced that it has ceased all operations indefinitely.
On September 12, the 5-year-old Denver-based supplier broke the news via its website and social media platforms. “It is with great difficulty and a heavy heart that we must inform you that effective immediately, Colorado Timberline has ceased all operations indefinitely,” the company said in a notice to customers and other industry firms.
“We have recently been plagued by several IT events. Unfortunately, we were unable to overcome the most recent ransomware attack and as a result, this unfortunate and difficult decision was made. We greatly appreciate the support and loyalty from each of you over the years.”
In summer 2017, Timberline Colorado was acquired by Chicago-based Frontenac and Connecticut-based Charter Oak Equity, according to a press release. Owner Dan Greene left the company in May, according to an auto response from his company email account, Business Den reported.