Purchase of Mail-Well Label

Purchase of Mail-Well Label

Englewood, Co, veteran business executive Gregory C. Mosher and Arsenal Capital Partners LP announced the acquisition of the Mail-Well Label division (Mail-Well Label), provider of specialty and premium labels to Fortune 1000 companies, from Mail-Well, Inc.

The company will operate under the name of Renaissance Mark, Inc. With $220 million in revenues, Renaissance Mark is the second largest company in the $10 billion North American prime label converting market, providing glue-applied, pressure sensitive and film labels primarily for the food, beverage and health & beauty aid industries, where high-quality graphics are in strong demand. The company also has a leading position in the North American industrial label market and in the UK.

Greg Mosher will serve as chief executive officer of Renaissance Mark. Mosher partnered with Arsenal Capital Partners, who will also provide capital for the transaction and for continued growth of the business. Mosher and Arsenal Capital also teamed with Cerberus Capital Management, L.P. to provide additional equity for the transaction. Senior debt financing was arranged by National City Bank. The transaction value was undisclosed.