Atlas Southeast Papers, an affiliate of private equity firm Peak Rock Capital, has acquired tissue manufacturer Roses Southeast Papers.
Headquartered in Sanford, Florida, Atlas Southeast is now an integrated tissue manufacturer of tissue paper products, capable of producing both virgin and recycled grades.
It operates a state-of-the-art tissue paper mill where it manufactures tissue jumbo rolls for resale as well as converts tissue paper into finished products.
The acquired facility produces a complete line of tissue products, including bath tissue, towels, and cocktail, dinner and dispenser napkins.
Peter Leibman, managing director of Peak Rock Capital, said: “Atlas Southeast’s manufacturing expertise and overall commitment to excellence have allowed the company to produce a diverse set of product offerings that are highly in demand.
“We are excited to now own the Roses Southeast facility and to support the company’s growth through organic initiatives, strategic partnerships and potential add-on acquisitions.
“Today’s announced acquisition further evidences our enthusiasm for the tissue paper manufacturing sector, a space which we know quite well through our 2013 investment in Atlas Paper Mills.”