{"id":511021,"date":"2021-07-08T11:05:00","date_gmt":"2021-07-08T15:05:00","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/resource-label-group-acquired-by-ares-management\/"},"modified":"2021-07-08T11:05:00","modified_gmt":"2021-07-08T15:05:00","slug":"resource-label-group-acquired-by-ares-management","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/resource-label-group-acquired-by-ares-management\/","title":{"rendered":"Resource Label Group acquired by Ares Management"},"content":{"rendered":"

<\/p>\n

Resource Label Group acquired by Ares Management <\/b><\/p>\n

FRANKLIN, Tenn.–(BUSINESS WIRE<\/a>)–
\nResource Label Group, LLC (\u201cResource Label\u201d), a full service provider of pressure sensitive label, shrink sleeve and RFID\/NFC technology for the packaging industry announced today the completion of a merger agreement with funds managed by the Private Equity Group of Ares Management Corporation (\u201cAres\u201d). Resource Label was previously a portfolio company of First Atlantic Capital and TPG Growth.\n<\/p>\n

\n\u201cAres is the right partner at the right time. Joining with Ares is an exciting change for our customers and team members as we move to accelerate growth and expand the RLG family,\u201d said Mike Apperson, President and CEO of Resource Label Group. \u201cAres brings a wealth of resources and expertise that will further enhance the value and solutions we provide our customers. Our team is energized by the opportunity ahead of us.\u201d\n<\/p>\n

\nResource Label Group\u2019s executive management team, led by Apperson, will continue to guide the company with a clear emphasis on growth and building additional capabilities in the label and packaging sector. Resource Label recently completed its 19th<\/sup> acquisition in May 2021 and now operates nineteen key manufacturing locations in North America.\n<\/p>\n

\n\u201cWe\u2019re excited to partner with Resource Label Group, an innovator and leader in one of the most attractive segments within the packaging industry,\u201d stated Natasha Li, Partner in the Ares Private Equity Group. \u201cWe believe that the business is poised for strong organic and inorganic growth due to its value proposition to its customers, its thoughtful business diversification and strong management team. We look forward to supporting Mike and the team in executing on a compelling growth strategy.\u201d\n<\/p>\n

\nTerms of the deal were not disclosed.\n<\/p>\n

About Resource Label Group, LLC<\/b><\/p>\n

\nResource Label Group, LLC is a leading pressure sensitive label, shrink sleeve and RFID\/NFC manufacturer with diverse product offerings for the food, beverage, chemical, household products, personal care, nutraceutical, pharmaceutical, medical device, and technology industries. With nineteen manufacturing locations across the U.S. and Canada, Resource Label Group, LLC provides national leadership and scale to deliver capabilities, technologies, systems and creative solutions that customers require.\n<\/p>\n

\nHeadquartered in Franklin, TN, Resource Label Group, LLC employs over 1400 associates in the U.S. and Canada. For additional information, visit www.resourcelabel.com.<\/a><\/p>\n

About Ares Management Corporation<\/b><\/p>\n

\nAres Management Corporation (NYSE: ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, private equity, real estate and infrastructure asset classes. We seek to provide flexible capital to support businesses and create value for our stakeholders and within our communities. By collaborating across our investment groups, we aim to generate consistent and attractive investment returns throughout market cycles. As of March 31, 2021, including the acquisition of Landmark Partners, which closed June 2, 2021, and the acquisition of Black Creek Group, which closed July 1, 2021, Ares Management’s global platform had approximately $239 billion of assets under management with approximately 2,000 employees operating across North America, Europe, Asia Pacific and the Middle East. For more information, please visit www.aresmgmt.com<\/a>. Follow Ares on Twitter @Ares_Management.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210708005630\/en\/<\/a><\/span><\/p>\n

Resource Label Group
\n<\/b>
Marsha Frydrychowski, 224-315-4851
\n
marsha.frydrychowski@resourcelabel.com <\/a><\/p>\n

Ares Management Corporation
\n<\/b>
Mendel Communications
\n
Bill Mendel, 212-397-1030
\n
bill@mendelcommunications.com <\/a><\/p>\n

\nAres Management Corporation
\n
Carl Drake, (888) 818-5298
\n
cdrake@aresmgmt.com
\n<\/a>
or
\n
Brittany Cash, 212-301-0347
\n
bcash@aresmgmt.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America Tennessee<\/p>\n

INDUSTRY KEYWORDS:<\/b> Other Retail Technology Manufacturing Marketing Advertising Communications Semiconductor Other Manufacturing Retail Textiles Packaging<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Resource Label Group acquired by Ares Management FRANKLIN, Tenn.–(BUSINESS WIRE)– Resource Label Group, LLC (\u201cResource Label\u201d), a full service provider of pressure sensitive label, shrink sleeve and RFID\/NFC technology for the packaging industry announced today the completion of a merger agreement with funds managed by the Private Equity Group of Ares Management Corporation (\u201cAres\u201d). Resource Label was previously a portfolio company of First Atlantic Capital and TPG Growth. \u201cAres is the right partner at the right time. Joining with Ares is an exciting change for our customers and team members as we move to accelerate growth and expand the RLG family,\u201d said Mike Apperson, President and CEO of Resource Label Group. \u201cAres brings a wealth of resources and expertise that … <\/p>\n

Continue reading “Resource Label Group acquired by Ares Management”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-511021","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nResource Label Group acquired by Ares Management - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/resource-label-group-acquired-by-ares-management\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Resource Label Group acquired by Ares Management - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Resource Label Group acquired by Ares Management FRANKLIN, Tenn.–(BUSINESS WIRE)– Resource Label Group, LLC (\u201cResource Label\u201d), a full service provider of pressure sensitive label, shrink sleeve and RFID\/NFC technology for the packaging industry announced today the completion of a merger agreement with funds managed by the Private Equity Group of Ares Management Corporation (\u201cAres\u201d). Resource Label was previously a portfolio company of First Atlantic Capital and TPG Growth. \u201cAres is the right partner at the right time. Joining with Ares is an exciting change for our customers and team members as we move to accelerate growth and expand the RLG family,\u201d said Mike Apperson, President and CEO of Resource Label Group. \u201cAres brings a wealth of resources and expertise that … Continue reading "Resource Label Group acquired by Ares Management"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/resource-label-group-acquired-by-ares-management\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-08T15:05:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20210708005630r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/resource-label-group-acquired-by-ares-management\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/resource-label-group-acquired-by-ares-management\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Resource Label Group acquired by Ares Management\",\"datePublished\":\"2021-07-08T15:05:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/resource-label-group-acquired-by-ares-management\\\/\"},\"wordCount\":593,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/resource-label-group-acquired-by-ares-management\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20210708005630r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/resource-label-group-acquired-by-ares-management\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/resource-label-group-acquired-by-ares-management\\\/\",\"name\":\"Resource Label Group acquired by Ares Management - 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