First  Atlantic Capital, Ltd., a New York-based private investment  firm specializing in acquiring and growing mid-size companies, today announced  that TPG Growth, the global middle market and growth equity platform of  alternative asset firm TPG, has made a significant investment in its portfolio  company Resource Label Group (“Resource Label”). Financial terms of the  transaction were not disclosed.

Serving more than 6,000 customers primarily across North  America, Resource Label is a leading, full-service manufacturer of pressure  sensitive labels, shrink sleeves and RFID/NFC technology. The company provides  custom label design and converting services from its 13 production facilities,  which house more than 120 flexographic and 18 digital printing presses.  Resource Label’s diverse end-markets include food and beverage, personal care,  pharmaceuticals and industrials. Resource Label has been built through organic  growth and a series of strategic acquisitions by First Atlantic since 2011.

Roberto Buaron, Chairman and CEO of First Atlantic Capital,  added, “Resource Label has many exciting opportunities ahead and we are  thrilled to be partnering with TPG Growth so that the company can pursue add-on  acquisitions and further its strategic growth objectives. In addition to  realizing tremendous upside and growth over the last several years, the  Resource Label team has continued to strengthen its core product offering while  differentiating itself by expanding the services and solutions it provides customers.  Our partnership with Resource Label represents another example of First  Atlantic utilizing its deep packaging expertise to foster growth and partnering  with management to create significant value.”

“TPG has a track record of partnering with dynamic  manufacturers focused on consumer-facing end markets,” said Ransom Langford,  Partner at TPG Growth. “In partnering with Resource Label, we are backing an  industry-leading platform known for its best-in-class products and commitment  to customer service. We are excited to partner with the Resource Label and  First Atlantic teams to expand and enhance the platform.”

“At Resource Label, we strive to be valued partners to our  customers by providing them with high-quality, effective label solutions  tailored to their specific product and scheduling needs,” said Bob Simko, CEO  of Resource Label Group. “We are thrilled to have the support of best-in-class  investors such as First Atlantic and TPG Growth as we continue building our  platform of innovative offerings.”

 

Source: press.tpg.com

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