PE-backed Resource Label acquires Ingenious Packaging
Resource Label Group LLC has acquired Ingenious Packaging Group LLC, a Toronto-based provider of labelling solutions to the food, beverage, health and beauty, spirits, nutraceutical, distribution, tobacco and pharmaceutical industries. No financial terms were disclosed. Ingenious is the former Canadian affiliate of U.S.-based Tapp Label Co, which was reportedly acquired earlier this year. Resource Label, a Franklin, Tennessee-based pressure-sensitive label manufacturing company, is backed by U.S. private equity firm First Atlantic Capital and the growth fund of U.S. firm TPG. First Atlantic initially invested in 2011, while TPG invested in May.
31 July 2018•4 mins read
