SYVLA, N.C. (News release) -- Jackson Paper Manufacturing and Sustainable Corrugated ("JPM" or the "Company"), a leading vertically integrated manufacturer of 100% recycled corrugated packaging, announced that Alan Clark has assumed the role of Chief Executive Officer.
Clark brings more than 30 years of manufacturing and corrugated packaging experience to JPM, previously serving as the Chief Executive Officer at HarperLove and having held various leadership positions with International Paper and McKinsey & Company. Clark joins JPM's vertically integrated platform where he will focus on building upon the Company's customer-centric, environmentally-focused approach and commitment to its employees.
"I am both humbled and proud to become a part of the JPM family," said Clark. "I'm extremely impressed by the Company's track record of success driven by the team's vision and customer centric focus. I look forward to partnering with JPM's leadership team and its talented employees to seize new growth opportunities while building upon its extraordinary momentum in creating a leading, sustainable corrugated packaging platform."
"As JPM continues its impressive growth trajectory, there is no one better positioned to lead it into the future than Alan," said John Von Bargen, Managing Director at H.I.G. Capital. "Alan is a proven leader with deep expertise in our business, customers and industry. His vision and leadership will be instrumental in positioning Jackson Paper for even greater success. On behalf of the Board, we could not be more confident in our decision for the future of JPM's leadership."
"We are thrilled to have Alan join the JPM family," said Carr Tyndall, JPM's President and Chief Operating Officer of Mill Operations. "His track record of leading manufacturing and packaging organizations, combined with his character and his real passion for excellence, make him uniquely qualified to lead JPM into this next exciting chapter."
About Jackson Paper Manufacturing and Sustainable Corrugated
JPM is a leading vertically integrated manufacturer of 100% recycled medium, corrugated sheets and digitally printed corrugated packaging. The Company serves a diverse customer base throughout the southeastern United States and across eCommerce, food & beverage, durable and non-durable end markets. Founded in 1995, JPM operates a network of 4 facilities in Sylva, NC, Morganton, NC, and Dalton, GA, and manages a workforce of more than 200 employees.
About H.I.G. Capital
H.I.G. is a leading global alternative assets investment firm with over $47 billion of equity capital under management.* Based in Miami, and with offices in New York, Boston, Chicago, Dallas, Los Angeles, San Francisco, and Atlanta in the U.S., as well as international affiliate offices in London, Hamburg, Madrid, Milan, Paris, Bogotá, Rio de Janeiro and São Paulo, H.I.G. specializes in providing both debt and equity capital to small and mid-sized companies, utilizing a flexible and operationally focused/ value-added approach:
- H.I.G.'s equity funds invest in management buyouts, recapitalizations and corporate carve-outs of both profitable as well as underperforming manufacturing and service businesses.
- H.I.G.'s debt funds invest in senior, unitranche and junior debt financing to companies across the size spectrum, both on a primary (direct origination) basis, as well as in the secondary markets. H.I.G. is also a leading CLO manager, through its WhiteHorse family of vehicles, and manages a publicly traded BDC, WhiteHorse Finance.
- H.I.G.'s real estate funds invest in value-added properties, which can benefit from improved asset management practices.
- H.I.G. Infrastructure focuses on making value-add and core plus investments in the infrastructure sector.
Since its founding in 1993, H.I.G. has invested in and managed more than 300 companies worldwide. The firm's current portfolio includes more than 100 companies with combined sales in excess of $30 billion. For more information, please refer to the H.I.G. website at www.higcapital.com.
* Based on total capital commitments managed by H.I.G. Capital and affiliates.
