Lux Global Label Company, a newly formed holding company backed by private equity firm Resilience Capital Partners, has purchased certain assets from National Label, the Lafayette Hill, Pennsylvania-headquartered, 103-year-old global leader in the labeling industry.
As part of the transaction, Resilience will commit significant financial capital to the new company. Resilience also has assembled a team of industry veterans to strengthen the new company’s operations and industry stature.
In connection with the agreement, Resilience has partnered with LBC Credit Partners, a provider of middle-market financing solutions, and The Kennedy Group, a supplier of labeling, packaging and identification solutions.
Headquartered in Cleveland, Ohio, Resilience invests in niche-oriented manufacturing, value added distribution and business service companies with sustainable market positions and a clear path to cash flow improvement. Resilience targets platform businesses with $25 million to $250 million in revenues across a broad range of industries where it can improve a company’s operations, competitive positioning and profitability. Resilience manages in excess of $625 million for its global investor base which includes pension funds, insurance companies, foundations and endowments, fund of funds and family offices
Jones Day has advised Resilience Capital on the deal with a team led by M&A partner William R. Stewart, Jr..
Involved fees earner: William Stewart – Jones Day;
Law Firms: Jones Day;
Clients: Resilience Capital Partners;