{"id":5743,"date":"2025-03-06T10:08:14","date_gmt":"2025-03-06T15:08:14","guid":{"rendered":"https:\/\/www.packagingindustrynews.com\/?p=5743"},"modified":"2025-03-06T10:08:14","modified_gmt":"2025-03-06T15:08:14","slug":"crestview-partners-acquires-label-manufacturer-smyth-companies-in-us","status":"publish","type":"post","link":"https:\/\/www.packagingindustrynews.com\/?p=5743","title":{"rendered":"Crestview Partners acquires label manufacturer Smyth Companies in US"},"content":{"rendered":"


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Smyth supplies labels and packaging solutions. Credit: Zyabich family via Shutterstock.<\/figcaption><\/figure>\n<\/p><\/div>\n

US-based private equity company Crestview Partners has acquired Smyth Companies, a flexible packaging solutions provider, from Novacap for an undisclosed amount.<\/p>\n

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Based in Eagan, Minnesota, US, Smyth supplies labels and packaging solutions, including pressure-sensitive labels, shrink sleeves, and flexible packaging, focusing on the household, food, health and beauty, and automotive aftermarket sectors.<\/p>\n

Crestview is investing along with Smyth\u2019s founding family and the existing management team, headed by president and CEO Scott Fisher, who will remain at the helm of the company.<\/p>\n

Fisher said: \u201cWe are excited to welcome Crestview as our partner for this next phase of Smyth\u2019s evolution.<\/p>\n

\u201cOur focus remains on delivering excellent product quality and reliable service to our customers, and we believe Crestview\u2019s highly complementary experience and enthusiastic support of Smyth\u2019s acquisition expansion strategy will help us become an even stronger value-added partner to our customers and achieve our full growth potential.\u201d<\/p>\n

As part of the deal, Crestview is providing additional equity to support organic growth, as well as mergers and acquisitions, aimed at boosting capabilities, scale, and diversification.<\/p>\n

Meanwhile, Smyth is actively seeking both tuck-in and transformational acquisitions within the pressure-sensitive labels, shrink sleeve, in-mould labels, and flexible packaging markets.<\/p>\n

Crestview partner and industrials co-head Bradford Williams said: \u201cWe believe Smyth holds a uniquely strong position within the broader prime labels market driven by its innovative, customer-first approach, comprehensive product portfolio, and reputation for exceptional product quality, which enable the company to flexibly serve leading consumer packaged goods customers at scale.<\/p>\n

\u201cSmyth\u2019s strong presence in attractive end-markets has allowed the company to experience a high degree of stability across economic cycles and positioned it well to capitalise on numerous secular tailwinds.<\/p>\n

\u201cThese characteristics make our investment in Smyth highly consistent with Crestview\u2019s strategy of investing in market-leading businesses at exciting inflection points, and we are excited to partner with the Smyth management team to drive the company\u2019s next phase of growth.\u201d<\/p>\n

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