HATTIESBURG, Miss. and LITTLE ROCK, Ark., January 2024– FV Recycling (FV), based in Hattiesburg, Mississippi, has acquired Linn Paper Stock and QLL Equipment in Little Rock, Arkansas. Acquiring Linn and QLL expands FV’s overall footprint into Arkansas and its surrounding states. It also enhances its commercial waste equipment division by adding a physical presence and dedicated team in the Little Rock area.
“We are pleased to announce the strategic acquisition of Linn Paper Stock as it has a rich history and reputation in the paper recycling industry and QLL Equipment, which specializes in cardboard baler and compactor repair,” said FV Recycling President Gene Smith. “This addition to FV Recycling strengthens our market presence and offers our customers more comprehensive recycling solutions.”
With the acquisition of Linn and QLL, FV Recycling now handles more than 430,000 tons of recyclable materials annually with more than 100 employees across 16 states and operates 65 trucks in its geographic area.
“This milestone is a culmination of unwavering dedication and strategic planning that we’ve been pursuing over the years,” says Jonathan Duhon, Managing Partner at Jones Capital. “We are most excited about this acquisition because it significantly expands our footprint across the southeast and underscores our commitment to sustainability.”
ABOUT FV RECYCLING
FV Recyclingis a commercial and industrial recycling company based in Hattiesburg, MS. FV is a portfolio company ofJones Capital. Since 2000, FV Recycling has provided customers with a full range of services to handle recyclable materials such as cardboard, paper, plastics, aluminum, and pallets. FV has evolved to focus on cardboard bale route hauling opportunities throughout the Southeastern U.S. with brokerage capabilities throughout the United States. In addition, FV offers specialized services such as baler sales and leasing programs, equipment service and repair capabilities. For more information, visit/.
ABOUT JONES CAPITAL
Jones Capital(Jones) began as a family business with a simple mission: to help communities, provide jobs and enhance lives. Today, with locations in Houston, TX and Hattiesburg, MS, Jones carries on that mission by being a growth-oriented, value-added capital partner to businesses and management teams that share our common values and vision for long-term, sustainable growth that benefits all stakeholders – customers, communities, employees, and shareholders. For more information, please visithttps://jones.com/.