NXT Agents Refi Facility for Resource Label Group
NXT Capital announced that it has provided a $130 million senior secured facility to refinance Resource Label Group and fund its add-on acquisition of A1 Label. Resource Label Group is a portfolio company of First Atlantic Capital.
NXT Capital was the joint lead arranger, joint bookrunner and administrative agent for this transaction.
Resource Label Group is a designer and manufacturer of pressure sensitive labels in North America. The company is headquartered in Franklin, TN, and has four additional manufacturing facilities across the U.S.
Toronto, Ontario-based A1 Label is a full service designer and manufacturer of custom digital and flexographic labels.
“NXT Capital delivered a competitive financing on a compressed timeline,” said Emilio S. Pedroni, managing director, First Atlantic Capital.