FV Recycling Acquires Mid America Paper Recycling

FV Recycling Acquires Tupelo Recycling

March 28, 2024

Environmental Services

FV Recycling, a Jones Capital portfolio company based in Hattiesburg, Mississippi, has acquired the paper recycling business of JET Polymer Recycling (commonly known as Tupelo Recycling), adding a recycling plant in Tupelo, Mississippi. The acquisition densifies FV Recycling’s footprint across North Mississippi, Alabama, Kentucky and Tennessee and expands its commercial recycling and baler equipment repair capabilities.

FV Recycling Acquires Linn Paper Stock and QLL Equipment

January 15, 2024

Environmental Services

FV Recycling, a portfolio company of Jones Capital based in Hattiesburg, Mississippi, has acquired Linn Paper Stock and QLL Equipment in Little Rock, Arkansas. The add-on deal expands FV Recycling's footprint in Arkansas, strengthens its commercial waste equipment division, and adds a local team and service capability in the Little Rock area.

Circular Services / Balcones Recycling Acquires Midwest Fiber Recycling

December 18, 2023

Environmental Services

Circular Services, through its recycling arm Balcones Recycling, has acquired Midwest Fiber Recycling, a family-owned materials recovery and recycling company with operations in Illinois and Indiana. The deal expands Balcones' MRF footprint into the Midwest, adds collection and brokerage capabilities, and keeps Midwest Fiber's management team in place to support further growth under Circular Services' platform.

McKinley Paper (Bio Pappel) Acquires Midwest Paper Group from Industrial Opportunity Partners

February 8, 2022

Packaging

Industrial Opportunity Partners has completed the sale of portfolio company Midwest Paper Group Holdings, Inc. to McKinley Paper Company, a subsidiary of Bio Pappel S.A. de C.V.; terms were not disclosed. Midwest Paper is a Combined Locks, Wisconsin-based manufacturer of recycled containerboard and recycled bag products, and the divestiture represents IOP’s first realization from its third fund.

May River Capital Acquires PaperTech

December 8, 2020

Packaging

May River Capital, a Chicago-based private equity firm, has acquired PaperTech, a Findlay, Ohio manufacturer of sustainable, dual-ovenable paperboard trays and bowls serving the frozen food and foodservice markets. PaperTech has nearly 200 employees and produces over 500 million trays annually; founder Larry Epstein will retire (remaining a shareholder) while co-founder Al Fotheringham will remain as a shareholder and continue as Chief Development Officer.

Vanguard Renewables Acquires E-Z Recycling

February 19, 2026

Environmental Services

Vanguard Renewables has acquired E‑Z Recycling, a St. Paul, Minnesota depackaging and food & beverage waste recycling facility, to expand its Midwest organics recycling network. The acquisition adds critical depackaging capabilities and additional processing capacity to Vanguard's anaerobic digestion and renewable natural gas (RNG) operations; E‑Z Recycling owner Andy Rausch will remain involved as Principal Operations Manager.