Mesirow Financial has acted as the exclusive financial adviser to Ingenious Packaging Group (Ingenious) on its sale to Resource Label Group (Resource Label), a portfolio company of First Atlantic Capital and TPG Growth.
Located in Toronto, Canada, Ingenious services customers across the food, beverage, health and beauty, spirits, nutraceutical, distribution, tobacco and pharmaceutical industries. Ingenious is fully equipped with flexographic, digital and offset printing capabilities and the ancillary finishing assets to offer a full breadth of pressure sensitive, cut and stack and in-mould labels as well as shrink sleeves and branding products.
David Bowyer, chief executive officer of Ingenious, says: “Mesirow Financial’s expert guidance and constant support was pivotal in securing a successful outcome for Ingenious.”
Louis Mitchell, managing director of Mesirow Financial’s Investment Banking group, says: “We were honoured to represent Ingenious on this transaction. Resource Label is led by an experienced management team, owned by two investment firms with significant experience in the packaging sector – First Atlantic and TPG Growth – and will be an excellent partner for Ingenious Moving forward.”
The transaction represents another successful assignment completed by Mesirow Financial’s Investment Banking group. Mesirow Financial is one of the most active advisers in the paper, plastics, packaging and specialty printing sectors, having completed over 125 transactions in recent years.