US investment firm acquires Pamco Label Company

First Atlantic Capital, a private investment firm specializing in the acquisition of mid-size companies, has announced that its portfolio company, Resource Label Group, a pressure sensitive label manufacturer, has acquired Pamco Printed Tape & Label, a Des Plaines, Illinois-based pressure sensitive label converter serving consumer non-durable markets such as food and beverage, health and beauty, confection and household products. First Atlantic acquired a majority interest in Resource Label in April 2011.
Pamco is now a subsidiary of Resource Label and Michael Blechman, president of Pamco, remains in his current role. Pamco offers a wide array of printing resources including UV flexographic, rotary screen, foil stamping and digital printing to its customers.
‘Resource Label is an expanding business and we are excited by the addition of Pamco, which will help Resource Label execute its growth plans,’ said Roberto Buaron, chairman and CEO of First Atlantic Capital. ‘Together, Resource Label and Pamco fit perfectly with our investment approach – taking majority stakes in companies with experienced management teams and a strong market position. As we successfully accomplished with Berry Plastics, Captive Plastics, and Ranpak we intend to work closely with Resource Label to further grow its customer base and end-markets.’
William Burch, CEO of Resource Label, said: ‘The acquisition of Pamco furthers our objective of becoming the premier one-stop shop for all of our customers’ pressure sensitive label printing needs. Pamco will help us expand our product offerings and better position us to solve our customers’ most complex service and application requests. Additionally, we plan to capitalize on Pamco’s strong position in the markets they serve, and I look forward to working closely with Michael and the rest of his senior management team in pursuit of these goals.’
Michael Blechman added: ‘We are thrilled to be partnering with RLG. As part of a larger organization, Pamco will be better positioned to bolster its product line and serve its unique customer base.’
First Atlantic acquired the majority interest in Resource Label through its most recent private equity fund, Atlantic Equity Partners IV.
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