Resource Label Group, a full-service provider of pressure sensitive label, shrink sleeve and RFID/NFC technology, has acquired Paragon Label, a leading supplier of labeling solutions for the premium wine segment.
Terms of the transaction were not disclosed. Resource Label is a long-standing 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.
Located in Petaluma, California, Paragon primarily serves premium wine customers in Sonoma and Napa Counties and offers a full range of flexographic and digital printing capabilities. Paragon is also equipped with proprietary finishing technology that enhances the shelf appeal of its customers’ products.
“I am proud to welcome Jason Grossman and his employees to our team,” said Bob Simko, Resource Label president and CEO. “We will continue to support the business that Jason has successfully built over the last 20 years for the benefit of current and new customers in this dynamic region of the country.”
Grossman adds, “I am excited to partner with Resource Label to leverage its operational expertise and technical support that will fuel our next phase of growth.”
Resource Label Group