Pixelle Specialty Solutions Purchased By H.I.G Capital Pixelle Specialty Solutions, a provider of fi- ber-based specialty products in North America and a portfolio company of Lindsay Goldberg, has signed a definitive agreement to be acquired by an affiliate of H.I.G. Capital, a global alternative invest- ment firm with $48 billion of equity capital under management. Terms of the transaction were not dis- closed. Pixelle was formed in 2018 by Lindsay Goldberg, a private investment firm that focuses on partner- ing with families, founders and management teams seeking to actively build their businesses. Pixelle has built a four-mill specialty paper platform with mills in Chillicothe, Ohio; Jay, Maine; Spring Grove, Pennsylvania; and Stevens Point, Wisconsin. Collec-
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tively the mills operate 11 paper machines and pro- duce more than one million tons of paper annually. Credit Suisse served as lead financial advisor to Pixelle on the transaction. Houlihan Lokey also served as financial advisor to Pixelle. The trans- action is subject to customary closing conditions, including regulatory approvals, and is expected to close in the second quarter of 2022. Apex Europe Appoints Printman As Distributor Anilox and solutions provider Apex International has welcomed Printman to its distributor network. Established in 2000 and headquartered in Otope- ni, Romania, Printman offers consumables for each step of the print process: prepress, press and post- press. The company will cover the exclusive Roma- nian territory for Apex Europe. Apex supplies Printman with a variety of Anilox solutions including the patented GTT 2.0 engraved Anilox, which features a low-porosity hybrid ce- ramic composition.
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