Nip Impressions logo
Thu, Mar 28, 2024 09:55
Visitor
Home
Click here for Pulp & Paper Radio International
Subscription Central
Must reads for pulp and paper industry professionals
Search
My Profile
Login
Logout
Management Side
Peak Rock Capital affiliate acquires tissue manufacturer Roses Southeast Papers

AUSTIN, Texas, -- Atlas Southeast Papers, Inc. ("Atlas Southeast" or the "Company"), an affiliate of Peak Rock Capital ("Peak Rock"), an Austin, Texas based private equity firm, announced today (23 Sept 2014) that it has acquired Roses Southeast Papers, LLC ("Roses Southeast"), a manufacturer of tissue paper products.

Headquartered in Sanford, Florida, Atlas Southeast is an integrated manufacturer of tissue paper products, capable of producing both virgin and recycled grades. The Company operates a state-of-the-art tissue paper mill where it manufactures tissue jumbo rolls for resale as well as converts tissue paper into finished products. The acquired facility produces a complete line of tissue products, including bath tissue, towels, and cocktail, dinner and dispenser napkins, and has earned a well-regarded reputation for its diverse and high quality product offerings.

Anthony DiSimone, CEO of Peak Rock Capital, said, "We look forward to supporting Atlas Southeast and its employees in further establishing the Company as a leading manufacturer and supplier of jumbo rolls and converted paper products. Atlas Southeast's purchase of the Roses Southeast manufacturing facility highlights Peak Rock's continued focus and differentiated ability to identify, acquire and optimize strategic manufacturing assets. We are excited to add this business to our growing portfolio of outstanding companies."

Peter Leibman, Managing Director of Peak Rock Capital, added, "Atlas Southeast's manufacturing expertise and overall commitment to excellence have allowed the Company to produce a diverse set of product offerings that are highly in demand. We are excited to now own the Roses Southeast facility and to support the Company's growth through organic initiatives, strategic partnerships and potential add-on acquisitions. Today's announced acquisition further evidences our enthusiasm for the tissue paper manufacturing sector, a space which we know quite well through our 2013 investment in Atlas Paper Mills."

Mesirow Financial acted as the financial adviser to Peak Rock Capital on the transaction.


Printer-friendly format

 





Powered by Bondware
News Publishing Software

The browser you are using is outdated!

You may not be getting all you can out of your browsing experience
and may be open to security risks!

Consider upgrading to the latest version of your browser or choose on below: