First Atlantic Capital, Ltd., a private investment firm specializing in acquiring and growing mid-size companies, today announced that its portfolio company, Resource Label Group, LLC, a pressure sensitive label manufacturer primarily for the packaging industry, has acquired Pamco Printed Tape & Label Co., Inc., a manufacturer of pressure sensitive labels serving consumer nondurable 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 who require high quality graphics, customization, and rapid turnaround times.
“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 Chief Executive Officer 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.”
William Burch, Chief Executive Officer of Resource Label, said in a statement: “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.”
Since its inception in 1989, First Atlantic Capital has acquired 59 companies and consolidated them into 20 major platforms. Based in Franklin, TN, Resource Label Group focuses on prime labels in the chemical, food, retail, industrial and health and beauty end-markets. Pamco is a Des Plaines, IL-based label manufacturer for a variety of end-markets.