Resource Label Group, a full-service provider of pressure sensitive label, shrink sleeve and RFID/NFC technology for the packaging industry, has acquired Seattle-based Labels West, broadening its presence in the Pacific Northwest.
Resource Label is a portfolio company of First Atlantic Capital, a New York-based private investment firm, and TPG Growth, the middle market and growth equity investment platform of TPG.
Founded in 1978, Labels West has developed a reputation for providing excellent customer service and creative solutions for the wine, spirits, health and beauty, food and nutraceutical industries. With more than 40 years in the packaging industry, Labels West offers a diverse portfolio of capabilities, including flexographic and digital printing, extended content, tamper-evident and promotional label solutions.
“I am honored that the team at Labels West has joined the Resource Label Group family,” said Mike Apperson, president and CEO of Resource Label Group. “Labels West is recognized throughout the industry as a preferred supplier of innovative packaging solutions, and we look forward to working together to serve our growing customer base across North America.”
“We are extremely excited to join the Resource Label Group team, as they share our commitment to deliver the best possible products and services to ensure our customers’ long-term success,” said John Shanley, president of Labels West.
“The talented team at Labels West has been extremely successful in building top-level customer relationships,” added Emilio Pedroni, managing director of First Atlantic Capital. “They represent another important addition to the Resource Label organization, and we look forward to continued growth.”
Ransom Langford, a partner at TPG Growth, stated, “We are excited to expand our presence in the Northwest. Adding partners such as Labels West continues to support our growth strategy in key markets.”
Labels West represents the 17th acquisition for Resource Label Group. This will be the company’s second location in Washington state.
A mainstay on Print+Promo’s Top 50 Suppliers list, Labels West ranked No. 38 this year, with $12.2 million in annual revenue.
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