Resource Label Group, a Tennessee-based full-service provider of pressure sensitive label, shrink sleeve and RFID/NFC technology for the packaging industry, expanded across the northern border with the acquisition of Ingenious Packaging, a leader in innovative labeling solutions based in Toronto, Canada.
Resource Label is a portfolio company of First Atlantic Capital, a private investment firm, and TPG Growth, the middle market and growth equity investment platform of TPG.
Ingenious services customers across the food, beverage, health and beauty, spirits, nutraceutical, distribution, tobacco and pharmaceutical industries. Ingenious is fully equipped with flexographic, digital and offset printing capabilities and the ancillary finishing assets to offer a full breadth of pressure sensitive, cut and stack and in-mold labels as well as shrink sleeves and banding products.
“I am honored to welcome the talented team at Ingenious to our growing family,” said Bob Simko, President & CEO of Resource Label. “Resource Label, with the backing of First Atlantic and TPG Growth, will provide the support to meet both the current and future growth needs of Ingenious’ customers throughout North America, with special focus on our foundation of Canadian customers.”
“As an initial sign of the commitment to Ingenious’ employees, customers and capital expansion strategy, I am pleased to announce that we have placed an order today for a new 17” wide Mark Andy P7 flexographic press for the facility,” he added.
Roberto Buaron, Chairman & CEO of First Atlantic Capital said, “We are pleased to continue to pursue the growth of the Resource Label platform, which includes eleven acquisitions since our initial investment in 2011.” Emilio Pedroni, Managing Director at First Atlantic Capital, said.
“Ingenious has a distinguished customer base and great employees, and is a valued addition to Resource Label.” Ransom Langford, a Partner at TPG Growth, stated, “We’re pleased with the Ingenious acquisition, the first after our investment in Resource Label, and we look forward to helping Ingenious support its customers and grow its business,” he added.
Headquartered in Franklin TN, Resource Label Group, is the parent company of Resource Label (Franklin & Memphis, TN), Mid South RFID (Franklin, TN), Pamco Label (Chicago, IL), Fox Tag and Label (Providence, RI), Oxford Graphics (Boston, MA), The Label Company (Los Angeles, CA), A1 Label (Toronto, ON), Taylor Made Labels (Portland, OR), LithoFlexo Grafics (Salt Lake City, UT), Advanced Labels NW (Seattle, WA), RayPress Corporation (Birmingham, AL), Cellotape / Landmark Label (Newark, CA), Gintzler International (Buffalo, NY & Liberty Hill, TX) and Ingenious Packaging (Toronto, ON). With fourteen manufacturing locations, Resource Label Group employs 1100 associates in the U.S. and Canada.