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Crestview Partners, a leading private equity firm, announced that it has completed the acquisition of Smyth Companies, a premier, full-service provider of pressure sensitive labels, shrink sleeves, in-mold labels, glue-applied labels, and flexible packaging, from Novacap. Crestview is investing alongside members of the Company's founding family and the existing management team led by President & CEO Scott Fisher, who will continue to lead the Company. Financial terms of the transaction were not disclosed.
As part of the transaction, Crestview is allocating additional equity to support organic investments and M&A to drive enhanced capabilities, scale and diversification; and Smyth is actively pursuing both tuck-in and transformational acquisitions across the pressure sensitive labels, shrink sleeve, in-mold labels and flexible packaging markets.
Headquartered in Eagan, MN, Smyth is a leader in the prime labels industry, providing customized solutions for a diverse array of high-value consumer product applications across the household, food, health & beauty and automotive aftermarket segments. Smyth's broad range of printing capabilities, highly-regarded product quality and reputation for exceptional customer service have resulted in strong, long-tenured partnerships with numerous blue-chip consumer packaged goods customers, many of which have trusted Smyth to serve their most iconic brands for decades.
