M&A Deal Summary

New State Capital Partners Acquires Wilmington Paper

On November 12, 2021, private equity firm New State Capital Partners acquired engineering company Wilmington Paper

Acquisition Highlights
  • This is New State Capital Partners’ 1st transaction in the Engineering sector.
  • This is New State Capital Partners’ 13th transaction in the United States.
  • This is New State Capital Partners’ 2nd transaction in New Jersey.

M&A Deal Summary
Date 2021-11-12
Target Wilmington Paper
Sector Engineering
Buyer(s) New State Capital Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

Wilmington Paper

Pine Brook, New Jersey, United States
Wilmington Paper acquires scrap and post-commercial use fiber from a network of over 2,000 converting and waste hauling suppliers across the U.S. The Company utilizes on-premise assets at its suppliers' sites, in-house logistical and brokering capabilities, and eight strategically-located recycling centers across the eastern and southern U.S. to collect, transport, process, and market premium recycled fiber grades globally into the growing recycled corrugated, tissue, and folding carton production end markets. Wilmington Paper was formed in 1977 and is based in Pine Brook, New Jersey.

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

New State Capital Partners

Larchmont, New York, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2014
PE ASSETS 700M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

New State Capital Partners is a private investment group focused on middle-market opportunities in the business services, healthcare and industrial sectors. The Firm will consider both majority and minority investments in funding a variety of situations. New State can invest up to $100 million in transactions valued up to $250 million. The Firm was formed in 2013 and is based in New York City.

DEAL STATS #
Overall 13 of 19
Sector (Engineering) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 4 of 9
State (New Jersey) 2 of 2
Country (United States) 13 of 18
Year (2021) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-01 ArborWorks

Oakhurst, California, United States

ArborWorks is a professional tree care firm that specializes in utility line clearance and vegetation management in the western United States. ArborWorks was founded in 2003 and is based in Oakhurst, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-21 AVEX

Camarillo, California, United States

AVEX is a provider of sales and maintenance for the Daher TBM turboprop aircraft in North America. With more than 1,000 aircraft in service, the TBM has an enviable position in the single-engine turboprop market. AVEX was founded in 1985 and is based in Camarillo, California.

Buy -
Mergr

Product

Company

Legal