Monomoy Capital Partners Acquires Mac Papers
Headquartered in Jacksonville, Florida, Mac Papers is the largest regional distributor of paper, packaging, envelopes, and wide-format printing solutions in the Southeast to the commercial printing, manufacturing, retail, services, government and education markets. Mac Papers also sells, installs and maintains packaging equipment, provides its customers with packaging design services and converts paper stock to envelopes at a state-of-the-art envelope converting facility.
Mac Papers employs 950 team members at 29 facilities across the Southeast and reported approximately $600 million of sales in 2019.
Monomoy acquired Mac Papers through its third private equity vehicle, Monomoy Capital Partners III, L.P. The purchase of Mac Papers marks Monomoy’s fifth acquisition over the past 24 months, and the third in the past four months, of a market-leading, family-owned business that can benefit from Monomoy’s distinctive approach to operational value creation.
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Monomoy Capital Partners is a private investment firm with $1.6 billion in committed capital across a family of four investment funds. We invest in the debt and equity of middle market businesses that can benefit from operational and financial improvement with a focus on manufacturing, distribution and consumer product businesses in North America and Europe.