Tissue producer Atlas Paper Mills LLC, Miami, Fla., USA, a portfolio company of Peak Rock Capital, Austin, Texas, has acquired Accurate Paper Recycling Inc., Tampa, Fla., a supplier of paper recycling services. Accurate Paper is the largest independent commercial recycling facility in central Florida, providing bales of assorted recovered paper grades to papermaking facilities throughout the Southeast U.S. 

 

Jim Brown, CEO of Atlas Paper, said that "accurate Paper has been a great strategic partner and supplier to our business for many years. We believe that by bringing the Accurate Paper business into the Atlas Paper family, we will be well-situated to further expand our growth and continue to provide high quality recycled tissue products to our customers." 

 

Peter Leibman, managing director of Peak Rock Capital, added that "the acquisition of Accurate Paper is a great example of Atlas Paper's efforts to expand its capabilities and accelerate growth through strategic add-on acquisitions. Combining Atlas Paper's leading papermaking capabilities with Accurate Paper's high quality source of supply will improve the already strong competitive position of the business and ensure continued superior service to Atlas Paper's current and prospective customers." 

Atlas Paper Mills supplies private label and branded bath tissue, towels, and facial tissue to a diversified mix of customers in the away-from-home and value retail channels.