Resource Label Group LLC is expanding operations north of the border with the acquisition of a Toronto-based company.
The Franklin, Tenn.-based Resource Label is acquiring Ingenious Packaging Group, a maker of a wide variety of products, including in-mold and shrink-sleeve labels.
Terms of the deal were not disclosed.
Resource Label is owned by First Atlantic Capital and TPG Growth, two investment firms. TPG became an investor in May.
First Atlantic Capital made its initial investment in Resource Label in 2011 and has since made 11 acquisitions to support that business, CEO Roberto Buaron said in a statement.
Ingenious Packaging serves the food, beverage, health and beauty, sprits, nutraceutical, distribution, tobacco and pharmaceutical markets. Other offerings include pressure sensitive and cut-and-stack labels as well as banding.