Peterson Real Assets, a subsidiary of Peterson Partners, Inc. has made a growth equity investment in Crossroads Paper, a 100% recycled paper mill to be built in the Mountain West to serve the growing demand for e-commerce, agricultural and industrial packaging in the Western United States. The Crossroads Paper site selection process is underway, with a final determination expected by year end.
“Crossroads Paper is a true environmentally sustainable real assets project that we believe will become a critical piece of the recycling, packaging and e-commerce infrastructure of the West,” said Matthew Day, Partner with Peterson Partners. “We are passionate about helping great people build great businesses. John Sasine and Ron Sasine are not only outstanding entrepreneurs, but they are veterans of the industry. We are thrilled to be backing such an outstanding team.”
“Finding partners who not only have an appetite for large scale real assets projects but also believe in our mission of sustainability was critical. Peterson Partners is the ideal partner for our company’s next phase,” said John Sasine, CEO, Crossroads Paper.