H.I.G. Capital Acquires Jackson Paper Manufacturing and Sustainable Corrugated

H.I.G. Capital Acquires Pixelle Specialty Solutions

May 19, 2022

Manufacturing

H.I.G. Capital, through an affiliate, has completed the acquisition of Pixelle Specialty Solutions Holding LLC, a North American manufacturer of specialty papers and sustainable packaging substrates. The transaction was a sale by Lindsay Goldberg; Pixelle will continue operating its multiple paper mills across the United States under H.I.G.'s ownership to support the company's next phase of growth.

H.I.G. Capital Makes Growth Investments in Action Packaging and Signature Flexible Packaging

January 5, 2021

Packaging

H.I.G. Capital (through an affiliate) completed simultaneous growth investments in Action Point, Inc. (Action Packaging) and Signature Flexible Packaging, Inc., and the two businesses will combine to form a full-service flexible packaging provider. The combined company operates three facilities in Carson, City of Industry and Commerce, California, serving small-to-medium consumer packaged goods customers; H.I.G. will partner with management to support organic growth and consolidation M&A activity.

Foundation Investment Partners / Sustainable Packaging Acquires Paper Converters, Inc.

January 30, 2026

Manufacturing

Foundation Investment Partners (FIP), via its platform Sustainable Packaging, LLC, has acquired Paper Converters, Inc., a Walterboro, South Carolina manufacturer of spiral wound paper tubes, edge board and sheeting. The acquisition is an add-on to FIP's Sustainable Packaging platform and is intended to drive collaboration with sister company Amspak, improve supply chain continuity, and expand capability in sustainable paper packaging for textile and industrial customers in the Southeastern U.S.

B2B Industrial Packaging (GenNx360) Acquires Oak Paper Products Company, Inc.

December 15, 2022

Packaging

B2B Industrial Packaging, a GenNx360 Capital Partners portfolio company, has acquired Oak Paper Products Company, Inc., a Los Angeles-based distributor of corrugated paper products and related specialty divisions. Oak Paper’s existing ownership and management will remain active investors and operators while the business gains access to B2B Industrial Packaging’s nationwide distribution network and resources as a platform add-on.

Green Shield Limited Acquires FiberCorr Mills and FiberCorr Sheets

February 22, 2021

Packaging

Green Shield Limited, LLC has acquired FiberCorr Mills, LLC and FiberCorr Sheets, LLC following a Chapter 11 Section 363 sale approved by the U.S. Bankruptcy Court for the Northern District of Ohio. FiberCorr, a Massillon, Ohio-based paper mill producing recycled roll stock and medium paperboard for the corrugated box industry, will expand Green Shield’s manufacturing footprint and recycled paperboard capabilities.

New State Capital Partners Takes Majority Stake in Wilmington Paper

November 12, 2021

Environmental Services

New State Capital Partners (via an affiliate) has made a majority equity investment in Wilmington Paper Corp., a recovered-fiber processor and intermediary headquartered in New Jersey. Management, led by CEO Stuart Lurie, retained a substantial minority stake; New State said it will support organic growth, technology and logistics investments, and pursue add-on acquisitions to extend the company's reach.