Jul 02, 2014. /Lesprom Network/. Atlas Paper Mills, LLC, a portfolio company of Peak Rock Capital, an Austin, Texas based private equity firm has acquired Accurate Paper Recycling, Inc., as the company said in the press release received by Lesprom Network.

Accurate Paper is the largest independent commercial recycling facility in central Florida, providing bales of assorted recovered paper grades to blue-chip paper making facilities located throughout the Southeast.

Jim Brown, CEO of Atlas Paper, said, "Accurate Paper has been a great strategic partner and supplier to our business for many years. We believe that by bringing the Accurate Paper business into the Atlas Paper family, we will be well-situated to further expand our growth and continue to provide high quality recycled tissue products to our customers."

Peter Leibman, Managing Director of Peak Rock Capital, added, "The acquisition of Accurate Paper is a great example of Atlas Paper's efforts to expand its capabilities and accelerate growth through strategic add-on acquisitions. Combining Atlas Paper's leading paper-making capabilities with Accurate Paper's high quality source of supply will improve the already strong competitive position of the business and ensure continued superior service to Atlas Paper's current and prospective customers."

Atlas Paper Mills is a Miami, Florida based manufacturer of tissue products, utilizing recycled fiber. Atlas supplies private label and branded bath tissue, towels and facial tissue to a diversified mix of customers in the away-from-home and value retail channels.