Chicago, Illinois – NXT Capital today announced that it has provided a $130 million senior secured facility to refinance Resource Label Group, LLC and fund its add-on acquisition of A1 Label, Inc. Resource Label Group is a portfolio company of First Atlantic Capital.
NXT Capital was the Joint Lead Arranger, Joint Bookrunner and Administrative Agent for this transaction.
Resource Label Group is a leading designer and manufacturer of pressure sensitive labels in North America. The company is headquartered in Franklin, Tennessee, and has four additional manufacturing facilities across the U.S.
Based in Toronto, Ontario, A1 Label is a full service designer and manufacturer of custom digital and flexographic labels.
First Atlantic Capital is a leading middle-market private equity firm with a strong record and continuing interest in the plastics and packaging, food and beverage, industrial products, business services and consumer goods industries. Since its founding in 1989, the firm has invested close to $1 billion in over 68 transactions across four funds.
“NXT Capital delivered a competitive financing on a compressed timeline,” said Emilio S. Pedroni, Managing Director, First Atlantic Capital.
NXT Capital provides structured financing solutions to middle-market companies and real estate investors through its Corporate Finance, Equipment Finance and Real Estate Finance groups. Based in Chicago with offices in Atlanta, Charlotte, Dallas, Los Angeles, Nashville, New York, Phoenix, San Francisco and Stamford, NXT Capital targets senior financing opportunities of up to $150 million.