Press Release

Mesirow Advises Pharmaceutic Litho & Label Company on its Sale to Resource Label Group

  • Pharmaceutic Litho & Label Company is a premier manufacturer of printed inserts, labels and packaging components for the pharmaceutical, medical device and biotechnology markets
  • The company, founded in 1928, serves an impressive global customer base from two strategically located manufacturing plants in Simi Valley, California and Winston-Salem, North Carolina
  • The transaction, executed by Mesirow, highlights the firm’s deep expertise within the pharmaceutical labeling and packaging space

 

CHICAGO, June 29, 2023 – Mesirow acted as exclusive financial advisor to Pharmaceutic Litho & Label (“PLLC” or the “Company”) on its sale to Resource Label Group, LLC (“RLG”), a portfolio company of Ares Management Corporation.

Founded in 1928 in Winston-Salem, North Carolina, Pharmaceutic Litho has been a leader in the pharmaceutical printing industry for over 90 years, designing and manufacturing labels, manuals, inserts and outserts for the pharmaceutical, medical device and biotechnology markets. The company operates across two strategically located plants in Simi Valley, California and Winston-Salem, North Carolina. 

Jason Laurence, President of Pharmaceutic Litho, stated, “Our team at PLLC is highly committed to providing industry leading quality and service that instills confidence in our global customers. Mesirow’s deep sector experience and relationships were instrumental in identifying Resource Label Group and MedLit Solutions as an ideal partner to expand PLLC’s capabilities and enable PLLC to bring even more value to our customers.”

 “It was an honor to advise Pharmaceutic Litho on this transaction,” said Melanie Yermack, Managing Director of Investment Banking at Mesirow. “The combination of PLLC and MedLit Solutions, recently acquired by RLG, creates a leader in pharmaceutical and healthcare packaging solutions, providing customers with enhanced capabilities and innovative solutions from a nationwide platform.”

The sale of Pharmaceutic Label & Litho to Resource Label Group represents another successful assignment completed by Mesirow Investment Banking. Mesirow is one of the most active advisors in the paper, plastics and packaging sectors, having completed over 190 transactions in recent years. Committed to leveraging extensive sector-specific expertise across industry groups and nurturing deep long-standing relationships, Mesirow has a proven track record of completing highly tailored and successful transactions on behalf of clients.

About Resource Label Group 

Resource Label Group, LLC is a leading full-service provider of label and packaging solutions with a diverse product offering which includes pressure sensitive labels, shrink sleeves, RFID/NFC technology, sustainable product solutions, scent activation technology, pharmaceutical packaging and fulfillment services. Resource Label provides products and services for the food, beverage, chemical, household products, personal care, nutraceutical, pharmaceutical, medical device, and technology industries. With twenty-seven locations across the U.S. and Canada, Resource Label Group provides national leadership and scale to deliver capabilities, technologies, systems, and creative solutions that customers require. Headquartered in Franklin, TN, they employ over 1900 associates in the U.S. and Canada. Resource Label Group is a portfolio company of Ares Management Corporation. For additional information, visit resourcelabel.com. 

About Mesirow 

Mesirow is an independent, employee-owned financial services firm founded in 1937. Headquartered in Chicago with offices around the world, we serve clients through a personal, custom approach to reaching financial goals and acting as a force for social good. With capabilities spanning Global Investment Management, Capital Markets & Investment Banking, and Advisory Services, we invest in what matters: our clients, our communities, and our culture. To learn more, visit mesirow.com and follow us on LinkedIn.

Mesirow was recently named one of the Best Places to Work in Chicago by Crain’s Chicago Business and one of the Top Workplaces by the Chicago Tribune.
 

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