Market Overview

Resource Label Group Acquires Paragon Label Bolstering Presence in West Coast Premium Wine Segment


Resource Label Group, LLC ("Resource Label"), a full-service provider of
pressure sensitive label, shrink sleeve and RFID/NFC technology for the
packaging industry, today announced that it has acquired Paragon Label
("Paragon"), a leading supplier of labeling solutions for the premium
wine segment. Terms of the transaction were not disclosed. Resource
Label is a long-standing 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.

Located in Petaluma, California, Paragon primarily services premium wine
customers in Sonoma and Napa Counties and offers a full range of
flexographic and digital printing capabilities. Paragon is also equipped
with proprietary finishing technology that enhances the shelf appeal of
its customers' products.

"I am proud to welcome Jason Grossman and his employees to our team,"
said Bob Simko, President and CEO of Resource Label. "We will continue
to support the business that Jason has successfully built over the last
twenty years for the benefit of current and new customers in this
dynamic region of the country."

Roberto Buaron, Chairman and CEO of First Atlantic Capital, added,
"Continued leadership in the wine segment of the label industry is an
important focus for Resource Label and we are confident that the
acquisition of Paragon will help us meet that objective."

Emilio Pedroni, Managing Director at First Atlantic Capital, said,
"Paragon is strategically located in the heart of the California wine
region, has a state-of-the-art facility and talented work force, and
will be a tremendous addition to Resource Label."

Ransom Langford, a Partner at TPG Growth, stated, "We admire the
strength of Paragon's customer relationships and cutting-edge technology
and look forward to supporting the company as it builds on that
foundation for future success."

Jason Grossman, founder and legacy owner of Paragon, said, "I am excited
to partner with Resource Label to leverage its operational expertise and
technical support that will fuel our next phase of growth."

About First Atlantic Capital

Founded in 1989, First Atlantic Capital is a middle market private
equity firm that leverages its extensive consulting and operational
experience to acquire middle market companies, seeking to build them up
to become market leaders. Since its inception, the firm has completed
more than 70 acquisitions assembling 22 successful platforms in various
industries that include plastics and packaging, food and beverage,
consumer and industrial products and business services. Notable
investments in the packaging industry include Berry Plastics, Ranpak,
Captive Plastics, CP Packaging and Resource Label Group. For additional
information, visit

About TPG Growth

TPG Growth is the middle market and growth equity investment platform of
TPG, the global alternative asset firm. With approximately $13.2 billion
of assets under management, TPG Growth targets investments in a broad
range of industries and geographies. TPG Growth has the deep sector
knowledge, operational resources, and global experience to drive value
creation, and help companies reach their full potential. The firm is
backed by the resources of TPG, which has approximately $84 billion of
assets under management. For more information, visit

About Resource Label Group, LLC

Resource Label Group, LLC is a leading pressure sensitive label, shrink
sleeve and RFID/NFC manufacturer with diverse product offerings for the
food, beverage, chemical, household products, personal care,
nutraceutical, pharmaceutical, medical device, and technology
industries. With locations across the U.S. and Canada, Resource Label
Group, LLC provides national leadership and scale to deliver
capabilities, technologies, systems and creative solutions that
customers require.

Headquartered in Franklin TN, Resource Label Group, LLC is the parent
company of Resource Label (Franklin & Memphis, TN), MidSouth 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),
Ingenious Packaging (Toronto, ON) and Paragon Label (Petaluma, CA). With
fifteen manufacturing locations, Resource Label Group, LLC employs 1150
associates in the U.S. and Canada. For additional information, visit

View Comments and Join the Discussion!