Resource Label Group broadens California presence with acquisition of Axiom Label & Packaging
FRANKLIN, TN – Resource Label Group, LLC (“Resource Label”) a full-service provider of pressure sensitive label, shrink sleeve and RFID/NFC technology for the packaging industry, today announced it has acquired Los Angeles-based Axiom Label & Packaging (“Axiom”), broadening its presence in California. Axiom represents the company’s sixth acquisition in California. Resource Label, is a portfolio company of First Atlantic Capital, a New York-based private investment firm, and TPG Growth, the middle market and growth equity investment platform of TPG.
Mike Apperson, President & CEO of Resource Label, stated, “I am proud to welcome the talented team at Axiom to the Resource Label Group family. Axiom provides innovative solutions in labels, shrink sleeves and packaging applications that will broaden our product offering and strengthen our ability to meet customer’s requirements. We look forward to working closely with the team to serve our growing customer base along the West Coast. “
Located in Compton, CA, Axiom is a leading innovator and supplier of label and packaging solutions to California businesses and national brands. Axiom offers pressure sensitive, shrink sleeve, extended content and flexible packaging solutions that serve customers across a broad spectrum of industries including food, beverage, nutraceutical, personal care and health and beauty.
“We are extremely excited to join Resource Label Group,” said Kieron Delahunt, former CEO and founder of Axiom Label & Packaging. “Resource Label shares our vision in developing a world class organization that continually exceeds customers expectations. This partnership is key to supporting our vision and the growth plans for our business.”
Emilio Pedroni, Managing Director at First Atlantic Capital, added, “Axiom represents a valued addition to Resource Label with its outstanding group of dedicated employees and diverse client base. We are pleased to continue to support Resource Label’s expansion, which includes fifteen acquisitions since our initial investment in 2011.”