![]() "We would like to congratulate and thank the McGehee family for building a premier, market-leading business in paper and packaging distribution headquartered in Jacksonville," said Stephen Presser, a Monomoy Co-Founder and Partner and, coincidentally, a Jacksonville native. The Company distributes products from 19 branches located throughout the Southeast and through a sales force of over 200 dedicated team members focused on unmatched product quality and customer service. Mac Papers also operates a state-of-the-art envelope converting facility in Jacksonville, Florida, that sells envelopes through Mac Papers and directly to third parties. ![]() In addition to fine paper, Mac Papers now distributes packaging materials and equipment, wide format products, facility supplies and office products. Led today by their sons David, Sutton and Mac McGehee, the business has significantly expanded over its 55-year history and now generates over $600 million in annual sales. Mac Papers was founded by Frank and Tom McGehee in 1965 as a fine paper distributor in Jacksonville, Florida. Terms of the transaction were not disclosed. (collectively “Mac Papers”), the leading regional distributor of paper, packaging, wide format and envelope products in the Southeastern United States. NEW YORK-( BUSINESS WIRE)-Monomoy Capital Partners, a private investment firm with $1.6 billion in committed capital that invests in the debt and equity of middle market businesses, announced today that it has acquired Mac Papers, Inc., Mac Paper Converters, Inc.
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