An affiliate of HIG Capital (HIG) has completed the acquisition of Jackson Paper Manufacturing and Sustainable Corrugated (JPM). Founded in 1995, JPM is a leading vertically integrated manufacturer of 100% recycled corrugated packaging.
Headquartered in Sylva, North Carolina, JPM specializes in the manufacturing of 100% recycled medium, corrugated sheets, and digitally printed corrugated packaging. JPM’s diverse customer base serves eCommerce, food, and beverage, durable and non-durable good end markets throughout the Southeastern United States.
HIG is partnering with the current management team to accelerate the Company’s significant growth opportunities. “We believe JPM represents a compelling opportunity to invest in a differentiated provider of sustainable packaging solutions. The Company’s integrated platform and focus on quality, innovation and service have increasingly positioned the Company as a value-added partner to its customers,” says John Von Bargen, Managing Director at HIG “We look forward to working with the team to build upon their success and support continued growth initiatives.”
Read more/Source: Private Equity Wire
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