Foundation Investment Partners (FIP) Acquires Paper Converters, Inc. Through Sustainable Packaging
January 30, 2026
Foundation Investment Partners (FIP) announced the successful acquisition of Paper Converters, Inc. through its platform company, Sustainable Packaging, LLC. Paper Converters (founded in 2002, located in Walterboro, South Carolina) manufactures spiral wound paper tubes, edge board, and sheeting serving the textile industry in the Southeastern U.S.
- Buyers
- Foundation Investment Partners (FIP), Sustainable Packaging, LLC
- Targets
- Paper Converters, Inc.
- Sellers
- Kline Smyly, Tanya Barnes
- Platforms
- Sustainable Packaging, LLC
- Industry
- Packaging
- Location
- South Carolina, United States
- Transaction Type
- Buyout
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