News

Woodside, California (December 6, 2022) – Salt Creek Capital is pleased to announce the successful recapitalization of Pacific Paper in partnership with the CEO, Mr. Bill Donahue.  Pacific Paper is based in Rancho Cucamonga, CA, and is a leading provider of custom paperboard sheets and converting services to packaging customers across the U.S. In addition to the legacy operation in Southern California, the company also operates a modern converting facility in the Atlanta, GA suburb of Lithia Springs. Under Mr. Donahue’s leadership, Pacific Paper has generated accelerating revenue and profitability growth since the original acquisition in 2016, culminating in a successful liquidity event for investors via this recapitalization.

 

Bill Donahue commented that “We are proud of this milestone event and are delighted to reward investors for their confidence in us. Our intent is to build on the momentum and success created to date by leveraging our competitively advantaged customer service model, strong customer relationships, and efficient manufacturing operations. These attributes are enabled by a high-performing workforce of over eighty dedicated employees who are the lifeblood of our company.”  

 

Salt Creek Capital’s Managing Partner, Dan Phelps, stated “We are impressed by Bill and his team’s consistent world-class execution.  High quality customer service and reliability have created loyalty and an outstanding reputation leading to market share gains.  Bill and his team’s hard work have led to an exceptional realization opportunity for investors, and we are excited to achieve this milestone.  We are proud to continue our support of Pacific Paper’s growth during the next chapter of our involvement.”

 

Pacific Paper converts and markets custom size sheets of various grades of paperboard to packaging manufacturers and commercial printers.  Through a unique just-in-time service model and substantial inventory investments, Pacific Paper provides best-in-class paperboard products and services to a high-value group of customers across California, Arizona, Georgia and the Southeastern US.  More information is available at www.pacificpaper.com.

 

Salt Creek Capital is a San Francisco Bay Area-based private equity firm that partners with experienced operating executives to acquire profitable companies with $5 million - $150 million in revenue.  Salt Creek Capital takes a long-term approach to investing in lower middle market businesses and seeks to create value by working closely with management teams to accelerate growth and improve operating efficiencies. For more information, please contact Tyler Romrell at tyler@saltcreekcap.com or visit www.saltcreekcap.com.