Resource Label Group Announces Acquisition of Best Label
Resource Label Group, LLC, a full-service provider of pressure sensitive label, shrink sleeve and RFID/NFC technology for the packaging industry, has announced it has acquired Best Label Company, broadening its West Coast presence and leading position in the label and packaging industry. Best Label represents the fourth acquisition in recent months for Resource Label, 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.
Mike Apperson, President and CEO of Resource Label Group, stated, "I am honored that Best Label has joined the Resource Label Group team. Best Label brings a group of talented individuals, a high level of product quality and innovative packaging solutions to our organization. I look forward to working closely with the team to continue to serve our growing customer base across North America."
With locations in Cerritos, CA and Union City, CA, Best Label is one of the largest label manufacturers on the West Coast and provides innovative and cost-effective labeling solutions across a variety of segments including the food, beverage, health and beauty, pharmaceutical, automotive, agricultural and chemical industries. With more than 40 years of experience, Best Label offers a diverse inventory of letterpress, flexographic and digital printing and enhanced finishing assets to offer a full breadth of pressure sensitive, extended content and promotional label solutions.
“We are extremely excited to join Resource Label Group,” stated Ernie Wong, former CEO of Best Label. “Resource Label shares our commitment to ensuring the long-term success of our customers and valued employees. This partnership is key to supporting our vision and the growth plans for the business.”
Roberto Buaron, Chairman and CEO First Atlantic Capital added, “Best Label has an outstanding group of dedicated employees, diverse client base, and is a valued addition to Resource Label Group. We are pleased to continue to support Resource Label’s expansion, which includes 14 acquisitions since our initial investment in 2011.”
The preceding press release was provided by a company unaffiliated with packagePRINTING. The views expressed within do not directly reflect the thoughts or opinions of the staff of packagePRINTING.