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HCI Equity Partners-backed AmerCareRoyal acquires Ross & Wallace Paper Products

AmerCareRoyal, supplier of disposable foodservice supplies, gloves and take-out packaging and a portfolio company of HCI Equity Partners (HCI), has acquired Ross & Wallace Paper Products (Ross & Wallace). 

Financial terms of the deal, which is AmerCareRoyal’s seventh add-on acquisition since HCI’s initial investment, have not been disclosed.

Greenberg Traurig served as legal counsel to ACR. Generational Equity acted as the financial advisor to Ross & Wallace and Seale & Ross, PLC served as legal counsel.

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