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

International Paper Acquires Delmarva Corrugated Packaging Facility

May 18, 2026

Packaging

International Paper acquired Delmarva Corrugated Packaging’s converting facility in Dover, Delaware, to strengthen its regional footprint and expand capacity for sustainable corrugated packaging. The company said the deal will enhance its ability to serve customers faster and with greater reliability.

Green Bay Packaging Acquires SMC Packaging Group

June 6, 2024

Packaging

Green Bay Packaging Inc. has acquired SMC Packaging Group, a Springfield, Missouri-based producer of custom corrugated boxes, displays and packaging materials. The purchase expands Green Bay Packaging's geographic reach into Missouri, Arkansas and Oklahoma and brings SMC into GBP's vertically integrated packaging platform.

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.

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.

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.

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.