Daily News: November 14, 2014

Mesirow Advises Peak Rock Capital on Acquisition

Mesirow Financial acted as the exclusive financial advisor to Peak Rock Capital in its acquisition of Roses Southeast Papers by affiliate Atlas Southeast Papers.

Following the acquisition, Atlas Southeast is a leading manufacturer of tissue products, capable of producing both virgin and recycled grades. The company operates a state-of-the-art tissue paper mill where it both manufactures tissue jumbo rolls for resale as well as converts tissue paper into finished good products. Atlas Southeast services leading customers in both the away-from-home and value retail channels.

Anthony DiSimone, CEO of Peak Rock Capital, said, “We look forward to supporting Roses Southeast and its employees by further establishing Atlas Southeast as a leading manufacturer and supplier of jumbo rolls and converted paper products. Mesirow Financial has been an invaluable resource in helping Peak Rock build a platform for growth in the tissue sector. Their guidance and deep industry expertise allowed us to successfully identify strategic targets and ultimately highlight our ability to acquire and optimize strategic manufacturing assets.”

Peter Leibman, managing director of Peak Rock Capital, added, “The acquisition of Roses Southeast will support Atlas Southeast’s growth by expanding and diversifying their product offerings. Mesirow did an excellent job of handling the transaction from start to finish.”

“Mesirow Financial was honored to represent Peak Rock Capital in this process”, stated Rick Weil, a managing director in Mesirow Financial’s Investment Banking group. “We believe that, through its acquisition of Roses Southeast, Atlas is well positioned for future growth and will continue to offer the highest quality products to its customers.”

Peak Rock Capital is a private equity firm.

Sanford, FL-based Roses Southeast produces a complete line of tissue products.