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NXT Capital Provides $29MM in Acquisition Financing to Resource Label Group

April 13, 2017, 08:00 AM
Filed Under: Manufacturing

NXT Capital announced that it has provided a $29 million incremental senior secured credit facility to support Resource Label Group’s add-on acquisition of Gintzler International. This brings Resource Label Group’s total credit facility to $173.5 million. Resource Label Group is a portfolio company of First Atlantic Capital. 

NXT Capital acted as the Joint Lead Arranger, Administrative Agent and Joint Bookrunner for this transaction. 

“We enjoyed working again with the NXT Capital team in closing Resource Label Group’s tenth add-on acquisition,” said Emilio Pedroni, Managing Director, First Atlantic Capital. “NXT provided the certainty we needed to move swiftly and capture this opportunity.”

Gintzler International, located in Buffalo, New York and Liberty Hill, Texas, provides innovative packaging identification solutions that help clients sell more products. Gintzler employs a wide range of technologies, including flexographic and digital printing capabilities, laser die cutting and shrink sleeve manufacturing assets.

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 provides national leadership and scale to deliver capabilities, technologies, systems and creative solutions that customers require.

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 and Captive Plastics.





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