SMART Papers Acquired by Plainfield Asset Management, Now Expanding Operations

SMART Papers’ premium coated and uncoated papers are used daily by large, mid-size and small commercial printers and other customers. Product is available to nearly all North American cities in two business days or less from its distribution centers in Hamilton and metropolitan Los Angeles.

SMART Papers CEO and President Tim Needham said the company owes its recent exit from Chapter 11 creditor protection—its renewed viability and jobs—to Plainfield, an investment advisory firm with more than $2 billion in capital.