Peak Rock Capital related stories
All articles and analysis
Peak Rock buys BernerPeak Rock Capital has acquired Berner Food & Beverage LLC, a maker of food products and beverages. No financial terms were disclosed.
Resolute buys Atlas Paper from Peak Rock Capital for $156 mlnResolute Forest Products Inc (NYSE, TSX: RFP) has acquired Atlas Paper Holdings Inc, a Miami, Florida-based manufacturer of tissue products, including recycled and virgin paper grades. The purchase price was US$156 million, including working capital. The seller in the deal was U.S. private equity firm Peak Rock Capital. Atlas, formed out of the combination of Accurate Paper Holdings and Atlas Southeast Papers, was bought by Peak Rock in 2013. Montréal-based Resolute, which provides a range of forest products, said the acquisition gives it "an immediate position in the multi-billion-dollar North American consumer tissue market."
- Peak Rock sells Atlas Paper
Peak Rock Capital has sold Atlas Paper Holdings Inc. to a subsidiary of Resolute Forest Products Inc. Financial terms weren’t announced. Miami-based Atlas Paper makes tissue products, usuing both virgin and recycled fiber. Moelis & Company advised the Atlas Paper.
On the move, 8.31.2015The following hires, promotions and appointments are for the August 31, 2015, issue of Buyouts.
- PE-backed Metals Inc appoints Zahner as president
Metals Inc, which is backed by Peak Rock Capital, has hired David Zahner as president. The appointment is effective immediately. Recently, Zahner worked at Ryerson where he served as general manager. Ohio-based Metals Inc is a metal distributor.
TD Bank provides $23 mln for debt recap of PE-backed Atlas PaperThe Asset Based Lending Group of TD Bank has provided US$23 million in financing to Atlas Paper Holdings Inc, a U.S. manufacturer of tissue products, utilizing both virgin and recycled fiber. TD's credit facility helped to finance the debt recapitalization of the company. Based in Miami, Florida, Atlas Paper is a portfolio investment of U.S. private equity firm Peak Rock Capital. It was formed in December 2014 as the result of the merger of Atlas Paper Mills LLC and Atlas Southeast Papers Inc.
- PE-owned Atlas Paper snags $23 mln from TD Bank
Atlas Paper Holdings, which is owned by Peak Rock Capital, has secured a $23 million credit facility from TD Bank. According to Atlas, the capital will be used to fund its debt recapitalization. Based in Miami, Atlas is a maker of tissue products.
- Garrison Investment and Wells Fargo back Peak Rock's recap of ProFusion
Garrison Investment Group LP and Wells Fargo Capital have supported Peak Rock Capital's recapitalization of ProFusion Industries, a maker of transit matting, protective linings and custom design specialty film products. Garrison provided a $21 million credit facility while Wells Fargo Capital Finance provided $10 million in financing.
CenterGate, with H.I.G. pedigree, launches debut fundCenterGate Capital, recently formed by former H.I.G. Capital executives to invest in lower middle-market companies, is in the market with its debut fund targeting $300 million, according to two people with knowledge of the fundraising.
- Peak Rock acquires Precision Valve
The investment marks Peak Rock's latest middle market manufacturing investment