Canada/US: HIG Capital, a global private equity investment firm, has announced that its portfolio company Harrison Gypsum has acquired JA Jack & Sons, a miner and processor of limestone products. JA Jack owns and operates a quarry on Texada Island in British Columbia, Canada and ships limestone to a processing facility in Seattle, Washington, USA.
"We are excited about the strategic expansion of our operations into the Pacific Northwest," said Paul Harrington, CEO of Harrison Gypsum. "JA Jack not only allows us to grow outside our core markets of Oklahoma and Texas, but also significantly broadens our customer footprint and product portfolio within our expertise of mineral processing. JA Jack has had a long and successful history under the Jack family dating back to the 1940s and we will be sure to serve as great stewards of the business going forward."