HIG Capital completes acquisition of Jackson Paper Manufacturing and Sustainable Corrugated
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 per cent recycled corrugated packaging.
Headquartered in Sylva, North Carolina, JPM specialises in the manufacturing of 100 per cent 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. The Company operates four state-of-the-art facilities to deliver consistent quality, unrivalled lead-times, and a high-touch service model which supports customised solutions.
HIG is partnering with the current management team to accelerate the Company’s significant growth opportunities.
“Over the last five years, we have made substantial strategic investments to evolve into an environmentally-focused, vertically integrated platform. Now, more than ever, our customers are increasingly relying on us to deliver high-quality, customised solutions that support increasing end-user demand,” said Carr Tyndall, JPM’s President. Tyndall added: “We are excited to work with HIG Capital which will enable us to grow our offerings for our customers.”
“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.”