Announced

Completed

H.I.G. Capital completed the acquisition of Pixelle Specialty Solutions from Lindsay Goldberg.

Synopsis

H.I.G. Capital, an alternative investment firm, completed the acquisition of Pixelle Specialty Solutions, a provider of fiber-based specialty solutions, from Lindsay Goldberg, a private equity firm. Financial terms are not disclosed. "Pixelle has developed a broad, innovative portfolio of industry leading brands across the specialty papers and sustainable packaging markets. In under four years, we have transformed Pixelle into the leading specialty-focused paper producer in North America through three strategic acquisitions and successful implementation of a continuous improvement program. We are proud of our accomplishments and look forward to our next chapter with H.I.G. Capital," Timothy Hess, Pixelle CEO.

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