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Industrial Opportunity Acquires Midwest Recycled and Coated Containerboard Mill
Tuesday 21 January 2020

21 January 2020 – Illinois, US-based private equity firm Industrial Opportunity Partners (IOP) has acquired Wisconsin-based containerboard manufacturer Midwest Recycled and Coated Containerboard Mill, LLC to capitalize on growth opportunities, the company said.
Yukon Partners, a provider of mezzanine capital for middle market private equity transactions, supported Industrial Opportunity Partners in the acquisition.
Terms of the transaction were not disclosed.
IOP's operationally-focussed strategy will enable Midwest Paper to continue to enhance its operations and better serve its customer base.
Dorsey and Whitney LLP served as legal counsel to Yukon.
Midwest Paper is a manufacturer and distributor of high-quality recycled containerboard, natural kraft and bleached packaging, and printing and writing grades.
Yukon Partners is an independent and unaffiliated junior capital provider, primarily serving middle market private equity sponsor led business transactions in the US and Canada.
The transactions in which Yukon invests include buyouts, growth and platform strategies, recapitalisations, mergers/acquisitions, and public-to-private buyouts.
Industrial Opportunity Partners invests in manufacturing and value-added distribution businesses with revenue between USD 30m and USD 400m.
Date Published: 21/01/2020
Target: Midwest Recycled and Coated Containerboard Mill
Country: USA
Sector: Paper/Packaging/Office Supplies
Type: LBO
Status: Closed
Buyer: Industrial Opportunity Partners
Terms of the deal were not disclosed