Announced
Completed
Financials
Tags
Domestic
Paper
Private Equity
Single Bidder
specialty papers
United States
Private
Friendly
Majority
Acquisition
Completed
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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