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TPG Growth Joins First Atlantic Capital as a Significant Investor in Resource Label Group

May 29, 2018, 07:00 AM
Filed Under: Lender Finance

First Atlantic Capital, Ltd., a New York-based private investment firm specializing in acquiring and growing mid-size companies, 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. 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.”

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