Industrial Opportunity Partners Acquires Midwest Paper
January 8, 2020
Industrial Opportunity Partners (IOP), an operations-focused private equity firm based in Evanston, Illinois, has acquired Midwest Recycled and Coated Containerboard Mill, LLC ("Midwest Paper"), a paper mill headquartered in Combined Locks, Wisconsin. Terms were not disclosed; the transaction is IOP’s fourth platform investment from its third fund and was financed with senior debt from JP Morgan Chase Bank and Chemical Bank and subordinated debt from Yukon Partners.
- Buyers
- Industrial Opportunity Partners
- Targets
- Midwest Recycled and Coated Containerboard Mill, LLC (Midwest Paper)
- Industry
- Manufacturing
- Location
- Wisconsin, United States
- Transaction Type
- Buyout
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