Posts Tagged ‘sell’

Georgia-Pacific completes acquisition of SPG Holdings

HATTIESBURG — Georgia-Pacific, LLC and SPG Holdings, LLC have completed the previously announced acquisition of SPG by Georgia-Pacific. Financial details of the agreement are not being disclosed. As a result of the acquisition, Georgia-Pacific acquired all of the equity of SPG held by investors in the company including CIC Partners, a Dallas-based middle market private […] [...]

Polyvulc retains firm to sell facilities in Mississippi, Louisiana

VICKSBURG — Polyvulc USA Inc., an injection-molding company that recycles plastics into pier pads and FHA-approved perimeter foundation wall systems for manufactured homes, and two tire recycling businesses, has retained Heritage Equity Partners (HEP) to seek an immediate sale of the Vicksburg-based company, as well as its subsidiaries, Polyvulc Tire Recycling, LLC, a tire shredding facility in Jackson, and Winnsboro […] [...]

MetroCast Mississippi acquired by Ohio-based company

JACKSON — Block Communications Inc. has acquired MetroCast Mississippi, a rural cable system that provides cable television, telephone and Internet services to more than 45,000 residential and business customers in 16 Mississippi counties. Toldeo, Ohio-based BCI also acquired MetroCast operations serving Red Bay, Alabama. BCI says in a statement the deal is expected to close […] [...]

Georgia-Pacific buying SPG facilities in three states

HATTIESBURG — Georgia-Pacific Consumer Products, LP and SPG Holdings, LLC have reached an agreement under which Georgia-Pacific would purchase SPG, a paper goods company that manufactures and converts products for the foodservice industry. SPG has operations in Hattiesburg as well as Green Bay, Wisconsin, and Augusta, Georgia. CIC Partners, a Dallas-based middle market private equity […] [...]

Pipe-maker files for bankruptcy; wants to sell plant

BAY ST. LOUIS — The owner of a steel pipe mill in Bay St. Louis has filed for bankruptcy protection and seeks to sell the plant. PSL North America, LLC, which began operations in 2008, made the Chapter 11 filing June 16 in Delaware. In court papers, it said it plans to sell itself for […] [...]

Trustee wants to hire Maryland firm to sell frac sand facility, mine

PICAYUNE — Richard W. Cryar, as Chapter 11 trustee for Alliance Consulting Group, LLC, has filed a motion with the U.S. Bankruptcy Court for the Southern District of Mississippi to hire Heritage Equity Partners (HEP) of Easton, Md., to seek a buyer for a recently built frac sand dry processing plant in conjunction with a […] [...]

Colorado company buys lubricant facility, moving headquarters

VICKSBURG — CAM2 International, LLC of Evergreen Col., has acquired an existing lubricant blending and packaging facility located in Vicksburg. Terms were not disclosed. CAM2 said the Vicksburg facility, which it does not identify by name, will become CAM2’s new corporate headquarters and serve as CAM2’s Southern blending and packaging operation. The 93,000-square-foot facility is […] [...]

Franchise Services sells assets of bankrupt Advantage Rent A Car

RIDGELAND — Franchise Services of North America Inc.’s wholly-owned subsidiary, Simply Wheelz LLC, which does business as Advantage Rent A Car, has completed the sale of 41 U.S. airport concession agreements used in the Advantage business to The Catalyst Capital Group Inc. (on behalf of one or more funds managed by it). Catalyst was selected […] [...]

BancorpSouth buying Louisiana-based insurance firm

TUPELO — BancorpSouth Insurance Services Inc., a subsidiary of BancorpSouth Bank, has, signed a definitive agreement to acquire the assets of Lafayette, La.-based Knox Insurance Group, LLC. The transaction is expected to close immediately.  Financial terms of the pending transaction were not disclosed. “The Knox acquisition gives us an opportunity to meaningfully expand our market […] [...]

County sells proposed landfill site to local cardiologist

CORINTH — Alcorn County supervisors have accepted a bid of $1,100 per acre for 125 acres once proposed for a rubbish landfill. The board of supervisors voted 3-2 for the sale to Corinth cardiologist Dr. John Prather. The proceeds will go into the county solid waste fund. The county had owned the 129-acre property for […] [...]

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