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- Resource Label Group
Resource Label Group Acquisition, Valuation, Funding & Investors
Resource Label Group was acquired by Ares Management and Ironwood Capital for $974M in July 2021.
Cumulative funding Resource Label Group raised
$29M
across 1 funding round
Key investors in Resource Label Group
NXT Capital
About Resource Label Group
Resource Label Group is a manufacturer of pressure-sensitive labels, shrink sleeves, and RFID/NFC packaging technology serving the food, beverage, chemical, household products, personal care, nutraceutical, pharmaceutical, medical device, and technology industries. Headquartered in Franklin, Tennessee, the company operates numerous manufacturing sites across the United States and Canada, built up through more than thirty add-on acquisitions. It has been owned successively by First Atlantic Capital, TPG Growth, and, since 2021, funds managed by Ares Management.
Founded
1991
HQ
Website
Status
Acquired
Customer focus
B2B
Revenue model
Product sales
Valuation
$974M (acquired Jul 2021)
Sectors
Resource Label Group Acquisition
Resource Label Group was acquired by Ares Management and Ironwood Capital for $974M on 8 July 2021.
Before the acquisition Resource Label Group had raised $29M across 1 funding round.
Resource Label Group, LLC is a leading full-service provider of pressure sensitive labels, shrink sleeves, and RFID/NFC technology for the packaging industry, serving sectors including food, beverage, chemical, household products, personal care, nutraceutical, pharmaceutical, medical device, and technology. The company operates nineteen manufacturing locations across North America following its 19th acquisition in May 2021. Previously owned by First Atlantic Capital and TPG Growth, Resource Label Group was acquired by funds managed by the Private Equity Group of Ares Management Corporation on July 8, 2021, in a transaction valued at $974 million. Ares Management, a global alternative investment manager, views Resource Label Group as an innovator and leader in the attractive packaging industry segment, positioned for strong organic and inorganic growth due to its customer value proposition, business diversification, and management team. The executive management team, led by President and CEO Mike Apperson, continues to guide the company with a focus on growth and expanding capabilities in the label and packaging sector. Ares has supported subsequent acquisitions, including Majestic Labels as the 27th add-on, continuing the consolidation trend in the PE-backed label industry.
| Acquirer | Date | Type | Price |
|---|---|---|---|
| 8 Jul 2021 | PE buyout | $974M |
Resource Label Group Funding History
Resource Label Group has raised a total of $29M across 1 funding round.
Resource Label Group funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Apr 2017 | Undisclosed stage | NXT Capital | $29M | Resource Label Group, LLC is a leading manufacturer of pressure sensitive labels, shrink sleeves, and RFID/NFC products serving industries including food, beverage, chemical, household, personal care, nutraceutical, pharmaceutical, medical device, and technology, with locations across the U.S. and Canada. It is a portfolio company of First Atlantic Capital, a middle-market private equity firm focused on building platforms through acquisitions in sectors like plastics and packaging. On or around December 4, 2017, NXT Capital provided a $29 million incremental senior secured credit facility to Resource Label Group to finance its add-on acquisition of Gintzler International, a provider of packaging identification solutions using flexographic/digital printing, laser die cutting, and shrink sleeve manufacturing in Buffalo, New York, and Liberty Hill, Texas. This increased the company's total credit facility to $173.5 million, with NXT Capital acting as Joint Lead Arranger, Administrative Agent, and Joint Bookrunner. The transaction marked Resource Label Group's tenth add-on acquisition under First Atlantic Capital. Earlier, NXT Capital had provided a $130 million senior secured facility to refinance Resource Label Group and fund its acquisition of A1 Label, a custom digital and flexographic label manufacturer based in Toronto. Resource Label Group, headquartered in Franklin, Tennessee, operates multiple U.S. manufacturing facilities. NXT Capital specializes in structured financing for middle-market companies. |
Who has invested in Resource Label Group?
1 investor has backed Resource Label Group across its funding rounds, including NXT Capital.
Resource Label Group Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 1 Resource Label Group investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAcquisitions by Resource Label Group
Resource Label Group has acquired 17 companies to date.
Last acquisition by Resource Label Group was on February 10th 2025. Resource Label Group acquired Imprimerie Ste-Julie for undisclosed valuation.
Latest Acquisitions by Resource Label Group
| Description | Imprimerie Ste-Julie is a Canadian printing specialist focused on self-adhesive labels, shrink sleeves, and Linerless products for packaging applications. | Labelcraft Products is a UK-based manufacturer of custom printed and recyclable labels for food, chemicals, and retail packaging. Operating from Yorkshire, the company uses digital and flexo printing to produce variable data labels with short runs. It supplies clients in the UK and exports to Europe. | Pharmaceutic Litho & Label is a Maryland-based printer specializing in pharmaceutical labels, packaging inserts, and cartons for compliance with FDA serialization requirements. The company produces variable data printing for track-and-trace systems using HP Indigo presses and supports lot-coded booklets for over 100 drug manufacturers. Its facilities handle high-volume runs of tamper-evident labels for injectables and oral solids. | MedLit Solutions, operating as MedLit Graphics, produces secondary packaging for healthcare and pharmaceutical sectors including labels, inserts, and outserts. Its flagship Combination Label merges product labeling with instructional outserts into one component, accessible at medlitgraphics.com. | |
| HQ Country | |||||
| HQ City | Montreal | Toronto | Los Angeles, CA | - | |
| Deal Date | 10 Feb 2025 | 21 Mar 2024 | 15 Jun 2023 | 18 Oct 2022 | |
| Valuation | undisclosed | undisclosed | undisclosed | $998M | |
| EV/Revenue | |||||
| EV/EBITDA | |||||
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Resource Label Group Competitors
Resource Label Group competitors include listed companies like Eastman Kodak, CEWE Group, Suzhou Kingswood and Kornit Digital, and private ones like Gelato and Walstead Investment.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $1.1B | ($31M) | $954M | 0.8x | ||
| Private | - | - | $1.1B | - | ||
| Publicly listed | $1B | $160M | $835M | 0.9x | ||
| Publicly listed | $113M | $29M | $1.3B | 11.3x | ||
| Publicly listed | $208M | ($23M) | $660M | 1.1x | ||
| Private | - | - | $201M | - |
Resource Label Group Public Comps
Resource Label Group is no longer listed, but its public comps include Eastman Kodak, CEWE Group, Kornit Digital, Suzhou Kingswood, Matthews International, FILA-Fabbrica Italiana, Quad/Graphics, Anhui Xinhua Media, Orell Fussli and ANY Security Printing.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $1.1B | ($31M) | 0.8x | 0.8x | (28.6x) | - | |||
| $1B | $160M | 0.8x | 0.9x | 5.3x | 5.3x | |||
| $208M | ($23M) | 1.2x | 1.1x | (10.9x) | 104.1x | |||
| $113M | $29M | 11.1x | 11.3x | 42.9x | 39.6x | |||
| $1.5B | $151M | 0.8x | 1.2x | 8.1x | 7.6x | |||
| $659M | $85M | 1.4x | 1.3x | 10.9x | 7.0x | |||
| $2.4B | $163M | 0.4x | 0.4x | 5.9x | 4.9x | |||
| $1.2B | $135M | 0.0x | 0.0x | 0.4x | - | |||
This data is available for Pro users. Sign up to see all Resource Label Group competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Resource Label Group
| When was Resource Label Group founded? | Resource Label Group was founded in 1991. |
| Where is Resource Label Group headquartered? | Resource Label Group is headquartered in Nashville, TN, United States. |
| Is Resource Label Group publicly listed? | No, Resource Label Group was acquired by Ares Management and Ironwood Capital in July 2021. |
| Who acquired Resource Label Group? | Resource Label Group was acquired by Ares Management and Ironwood Capital in July 2021. |
| How much was Resource Label Group acquired for? | Resource Label Group was acquired for $974M in July 2021. |
| How much funding has Resource Label Group raised? | Resource Label Group has raised $29M across 1 funding round. |
| What was Resource Label Group's last funding round? | Resource Label Group's last funding round was a $29M undisclosed-stage round in April 2017. |
| Who are Resource Label Group's investors? | Resource Label Group's investors include NXT Capital. |
| Which companies are comparable to Resource Label Group? | Companies comparable to Resource Label Group include Eastman Kodak, Gelato, CEWE Group, Suzhou Kingswood, Kornit Digital and Walstead Investment. |
| How many companies has Resource Label Group acquired? | Resource Label Group has acquired 17 companies, including Imprimerie Ste-Julie, Labelcraft Products, Pharmaceutic Litho & Label, MedLit Solutions and Deco Flexible Packaging. |
| What was the largest acquisition by Resource Label Group? | The $998M acquisition of MedLit Solutions in October 2022 is the largest acquisition Resource Label Group has made to date. |
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