Lindsay Goldberg-backed Pixelle Specialty Solutions completed the acquisition of the carbonless rolls and security papers business of Appvion Operations.

Lindsay Goldberg-backed Pixelle Specialty Solutions, a manufacturer of specialty papers in North America, completed the acquisition of the carbonless rolls and security papers business of Appvion Operations, a provider of coating and converting products. Financial terms were not disclosed. "A key component of Pixelle’s strategy is to take actions that result in customers viewing Pixelle as an active, valued partner in growing customers’ businesses. Doing that well has developed Pixelle into the market leader it is today and enabled Pixelle to make acquisitions like these. Pixelle is a great example of how we invest in, partner with, and actively build businesses," Steven Klinger, Lindsay Goldberg Partner.