- Scentisphere is a leader in scented printing technology and printable scent coatings and labels.
- The transaction executed by Mesirow highlights the firm’s expertise within the paper, plastics and packaging industry
CHICAGO, November 21, 2022 – Mesirow, an independent, employee-owned financial services firm, announced it acted as exclusive financial advisor to Scentisphere, LLC (“Scentisphere” or the “Company”) on its sale to Resource Label Group, LLC (“Resource Label”), a portfolio company of Ares Management Corporation.
Scentisphere was founded in 2002 with the launch of Rub’nSmell®, a fifth-color scented varnish that can be added to print advertisements in-house by Scentisphere or by virtually any printer. Now a full-service scent marketing company, Scentisphere offers scent sampling solutions, point-of-sale scent marketing devices, scented promotional products and scented packaging, while working with their clients established print and media vendor supply chain.
Jim Berard, Founder and CEO of Scentisphere, said, “Mesirow served as a trusted partner to Scentisphere throughout this process. They showed exemplary guidance and a deep understanding of the labels, packaging and business services space, and they utilized their relationships in the industry to identify the ideal partner for our business.”
Louis Mitchell, Managing Director at Mesirow, said, “We were honored to advise Scentisphere on this exciting transaction. Scentisphere is a leader in scent printing and serves as a trusted marketing partner to their wide base of clients. We look forward to watching them to continue to grow and innovate under Resource Label Group’s leadership.”
The sale of Scentisphere 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 150 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.
Mesirow is an independent, employee-owned financial services firm founded in 1937. Headquartered in Chicago, with locations 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 and 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 100 RIA firms by Barron’s.
Scentisphere is recognized as the leader in scented printing technologies and printable scent coatings that empower virtually any printer to print scent. They service and supply all printers, large and small, with superior scent coating products and superior customer and technical support at all levels. For additional information, visit http://www.scentisphere.com/
About Resource Label Group
Resource 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 twenty-three manufacturing 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, Resource Label Group employs over 1,900 associates in the U.S. and Canada. Resource Label Group is a portfolio company of Ares Management Corporation. For additional information, visit www.resourcelabel.com.